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Old 02-08-2017, 11:27 PM   #117
Alberta_Beef
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Quote:
Originally Posted by RM14 View Post
People will pay more that is it. The team cannot raise prices more than 3-5% per year without pissing ticket holders off. So there is a cap on what they can increase year by year. When this deal goes through, ticket prices will increase both in annual ticket prices and also an additional ticket tax on top of that. The owners have no access or ability to access this revenue without a new arena deal.

Step 1 -> owners loan $250 mm upfront to building arena.
Step 2 -> all events have a surcharge added to them and that revenue into a specific ticket tax revenue account.
Step 3 -> that money is returned to original lender, (owners)

CSEC starts with $250 mm cash, and ends up with $250 mm cash... Cost is passed down to the fans.
No matter what the Flames are paying it is passed down to the Flames in one way or another, it doesn't make sense to cherry pick one revenue stream as not their money. It's simply identified as such so they can get a loan (likely with a better interest rate since there is a clearly identified revenue stream for it) rather than paying more up front.
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