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HotHotHeat · 08-18-2015, 02:09 PM

So Flames ownership is willing to put up $200 million.

The organization is valued at $451 million, with the current arena accounting for $150 million of that. With a new building in place, seems reasonable the value of the team would jump by $100-150 making the Flames worth north of $600 million.

The benchmark for profiting off an 'event centre' is the Staples Centre, which pulls in $345 million annually in revenue. Even in the Flames pull in a third of that, their portion of the cost is recovered in well under 10 years.

Yea, I don't think so, Murray.

08-18-2015, 02:09 PM	#992
HotHotHeat Franchise Player Join Date: Mar 2007 Location: Victoria, BC Exp:	So Flames ownership is willing to put up $200 million. The organization is valued at $451 million, with the current arena accounting for $150 million of that. With a new building in place, seems reasonable the value of the team would jump by $100-150 making the Flames worth north of $600 million. The benchmark for profiting off an 'event centre' is the Staples Centre, which pulls in $345 million annually in revenue. Even in the Flames pull in a third of that, their portion of the cost is recovered in well under 10 years. Yea, I don't think so, Murray. Last edited by HotHotHeat; 08-18-2015 at 02:21 PM. Reason: Misread a stat about Staples Centre