[Kavvy]

Originally Posted by Sidney Crosby's Hat

Obviously the Edmonton and Calgary arenas will be structured differently. That was just an example I gave to show how a project like this could benefit other aspects of the city.

Also, I have a feeling that Calgary's rink won't be in the same area it is now. Just a hunch due to all the secrecy surrounding it that it's on land that they're currently still trying to acquire. The secrecy is so the price doesn't go up, of course.



The community rink is part of the ~$450 million tab. On top of that, the Oilers are also paying half the cost of the +15 which will go across 104 ave.

The city will 100% own every part of this project, including the land which Katz has sold back to the city at the same reduced rate he bought it for years ago.



In the case of Edmonton, the city is expected to make over $1.2 billion throughout the course of the agreement which is a pretty solid return.

Touche