Quote:
Originally Posted by Locke
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.
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that's not entirely correct. There was a framework for a deal built when Mandel and Katz met with Bettman in NY a few years ago.
There was other pieces of funding the City was to provide, they haven't. That funding was to cover off the operating expenses. All Katz has done is ask the City to honour that agreement.