[Locke]

Originally Posted by Vinny01

Well I apologize for not being fully educated on this particular subject but I thought there was basically a deal in place to build the new downtown arena but Katz has decided that he now needs more money from the city? I am not suggesting that a new owner will play in Rexall just that the new owner would worh within the framwork of the deal that Katz and the city had apparently agreed upon already. I just don't see how there wouldn't be interest in a market like Edmonton where there is a rabid fanbase and building blocks for an elite team in place

Katz appears to be trying to squeeze every last penny out of the city which I don't blame him for but it is really souring the relationship between him and the city council.

If the league won't let Phoneix move without fighting it to the death I would be surprised they would allow a team in a market like Edmonton to move. It is all just a ploy by Katz to get what he wants and he will get what he wants eventually.

Yes and no. There was a 'deal' that the city approved, but there was also a big $100M hole in it.

The issue now is that the $100M deficit still hasnt been solved yet and Katz has already gone back to the city to ask them to put up more money.