Quote:
Originally Posted by Cheese
Interesting news.
It appears the prospect of a second NHL-style arena in the Toronto area took another step closer to becoming reality late Thursday night.
Markham Council voted 11 to 2 to allow the borrowing of $162.5 million for the new arena.
Town officials stated that the money will not be raised through property tax increases, but instead through charges to developers and service fees at the arena.
http://www.tsn.ca/nhl/story/?id=394386 |
I certainly hope that there is some behind the scene information provided that they would be getting an expansion team or transfer team in the next 5-10 years.
The NHL BoG has to be happy that there is a demand for their failing franchises.
A some point the failing teams will need to be relocated and a year ago there was not a lot of viable options. Winnipeg was not considered to be a viable NHL market but the NHL was forced there as the only option available.
After the incredibly successful exceeding all expectations Atlanta to Winnipeg relocation the BoG has to be more receptive to more teams in Canada.
Quebec, Markham, Hamilton would all generate more revenue than at least 5-10 current NHL teams.
Having someplace to get their $200M investment back rather than contracting a couple teams provides a much better option.