[karl262]

Originally Posted by Kavy

I cannot disagree enough with you. To argue the Saddeldome is near worthlessness, when the flames are a profitable club and the concerts that roll through are profitable (Garth Brooks says hi) proves it has worth. If had had no worth, it wouldn't have multiple profitable clubs attached to it.

Why do I not want my tax dollars going to that arena? Because I use it 5-6 times a year, I drive our roads every day. Build me overpasses and LRT lines to the north/SE.

As for the flames "barley making a profit", I would love to see some sort of proof of this. If the NHL is really that unprofitable in our city, and we need to invest in an arena to keep the club in our city (I agree, they bring investments to our city) we can have this discussion. However, no one believes the flames will be relocated, and so the flames should get $0.00 funding from me. When Katz threatened to move the oilers, no one believed it, yet somehow that argument worked, which made me think of him has a sleazy owner.

I don't blame the owners for lobbying for free money, I would in their position, but there is no reason to give it to them. If they want something new, let them build it, otherwise I will use our very worthwhile arena 5-6 times a year for the next 20 years.




This is bull, they do it because they want to charge more for more luxury boxes and seats, and their investment of the flames becomes worth a whole lot more money. This why they want a new arena, because it substantially increases a large investment they own.

Calgary Flames

Team Value1$220 MTeam Value calculated November 2011
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At a Glance

• Country: Canada
• Owner: Calgary Flames LP
• Championships: 1
• Price Paid: $16 M
• Year Purchased: 1980
• Revenue2: $105 M
• Operating Income3: $1.1 M
• Debt/Value4: 15%
• Player Expenses5: $68 M
• Gate Receipts6: $56 M
• Revenue per Fan8: $85

http://www.forbes.com/teams/calgary-flames/

As for the building being worthless once it reaches the end of its life cycle, its absolutely true. When a new building is completed it will attract all of the concerts and special events on top of the Flames, Roughnecks and Hitmen games. With no events being held in the Saddledome it is a money loser and therefore worthless. It will be torn down soon after a new arena is built.