Quote:
Originally Posted by gvitaly
I always thought that a good solution would be giving cities partial ownership of a team if the city commits to building an arena. For example if a new building increases the Flames franchise valuation from $1B to $1.5B, then the city should get a $500M share for 33% of the franchise.
That also prevents the team from simply leaving once the arena gets older. That way, the city benefits from a potential sale/move of the franchise.
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Well, losing all the appreciation of the franchise to the city kind of destroys the incentive for having a new building.