Quote:
Originally Posted by Draug
Not to mention the millions and millions of dollars that having an NHL team in a city brings to the local economy. I dont have any link to back it up, but a few years back, I remember reading that the existance of the Flames (as an example) in Calgary adds over $100 million to the local economy each year.
And, an NHL team contributes a lot of money to charities and public works as well.
Both of these aspects seem to be often overlooked when discussing the idea of publicly funding part of a professional arena.
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But Edmonton's already gaining those awards, plus under Katz proposal, Edmonton would lose significant dollars in terms of the current revenue that they gain from Rexall as Katz wants it all.
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