Quote:
Originally Posted by Frequitude
No it is not. A $10 ticket tax is effectively $10/ticket the Flames will have to take out of their future pockets to repay the lender. It's not like it'll be $10 on top of what supply and demand will dictate the price to be. The price will be the price. The Flames will then have to forgoe $10 of that price and give it to someone else instead of themselves. Once again, it's not like the cost of tickets will be $10 cheaper if there were no ticket tax.
The burden of the ticket tax falls on the Flames. They are effectively borrowing money against their future cash flows.
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Yup, the opportunity cost, I already stated that.
Who is financing this $250 million up-front capital cost?
Has it been established?