It's simply foolish to argue there is no economic benefit of an NHL team/building to a city.
University Of Ottawa Study, released in 2014
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The results have shown that SSE has an annual economic impact on the city of $204 million with roughly $100 million of that in the form of direct spending. It also estimates that the club has generated approximately $3 billion in revenue for the region since its return to the NHL in 1992 with direct revenue accounting for more than half of that figure.
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http://www.uottawa.ca/media/media-release-2925.html
http://senators.nhl.com/club/blogpost.htm?id=26473