Quote:
Originally Posted by Plett25
Doesn't it come down to how much those improvements/renovations cost compared to the cost of a new stadium?
$50 million renos vs. $250 million new stadium? I vote reno
$100 million reno vs. $200 million new stadium? I vote new stadium.
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Part of the problem is that the Stampeders don't control the facility. It is owned and operated by the University (though the Flames are contracted to handle concessions), and the costs of a renovation would have to be approved and likely funded, in part, by the University. The U of C is unlikely to do that, and the Stamps/Flames aren't going to pony up the money without some kind of significant concession.
On the flip side, if the Stamps/Flames build a new facility on other land, they gain control of revenue streams like parking and any concerts/other events that occur. And while this would obviously be small potatoes, the Dinos and Colts would be paying rent to the Stamps/Flames instead of the U of C. That would also be relevant if they try putting an NASL team there as well (because lets face it, MLS is a pipe dream at this point).
For the most part though, this conversation is putting the cart before the horse, as we don't yet know what, if any, public assistance the organization would be looking for, or what form it would take.