Quote:
Originally Posted by EldrickOnIce
Yes, the Flames are a business. And, as such, could choose to move to a more lucrative economic environment. That's not a threat, it's a reality.
A new building is over one half billion dollars. Katz is getting in for an up-front cost of 20 million in Edmonton. If the Flames cost of entry is half a billion, they will move. That's just good business on their part.
There are benefits to the city in having the Flames in Calgary, economic and otherwise. Exactly what that value is is difficult to determine. But the city will have to ante up something to keep them in Calgary. That's just good business on their part.
The question will ultimately come down to where the tipping point is, on both sides.
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Just because "it's good business on their part" doesn't mean the city should just do it. In fact, if a billionare is happy with a deal you're making with him, you're probably getting screwed over.
It also necessitates the existence of a "more lucrative economic environment" which I'm not sure is a reality.