Quote:
Originally Posted by stone hands
Pro sport owners are only loyal to money. Why would they ever leave one of the most profitable markets in the NHL for a building? If the flames left expect to see the Calgary hurricanes or coyotes shortly after
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And the reality is, the owners will make far more money playing in a decrepit Saddledome than they will at the Sprint Center, or Seattle, or Milwaukee.
Rogers Arena in Vancouver, The ACC, and the Bell Centre were completely privately financed. The Corel Centre got 26 million from the province of Ontario. The MTS Centre got $40M from all three levels of government.
The Edmonton arena deal is unprecedented in this country. And that's because Edmonton is no good. Our ownership group contains multiple billionaires - take out a loan and build your venue.