Quote:
Originally Posted by longsuffering
In what way is the Flames/City of Calgary relationship like a partnership?
Does the City share in the revenue or profit from the team? No?
They they must receive a share of the increase of the value of the franchise over the time they've been in Calgary. No?
Oh well, at least the City is receiving tax revenue from the land and building. Oh, they're not?
Great partnership.
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Every city needs to look at their pro sports teams as a partnership - one that goes far more deeper than just how revenues are shared or not shared.
They need to assess the broader economic and societal impacts.
So it is a partnership. Just not under the more narrow definition you are using.