Quote:
Originally Posted by Joborule
Aside from Toronto and Montreal, which have money up the ying yang, established history, and any threat of moving elsewhere was completely non-existent, I'm oblivious to those that got it covered 100%.
Even so, there are many, many more examples of teams in all leagues that have had their facilities built with the assistance of their jurisdiction providing funds.
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I'm pretty sure Vancouver and Ottawa built their arenas with private money also. The thing is both owners went belly up afterwards. Even billionaires may have trouble investing $.5B or more in an arena and it looks like what the Flames have planned is going to be closer to $1B.
Oh yeah and even Montreal had problems looking for a buyer after their new arena was built.