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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Is there any information from a non NHL economist to back this up? The only extra money coming in would be from non Calgary fans and from what a team spends in the city.
If anything it costs alot more than it brings in $ wise. The majority of money going to the Flames comes from the residents of Calgary which would spend their dollar somewhere else no supporting millionaires to travel to games on private planes.