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Originally Posted by Dr. Pepper
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Interesting story. I read the article top to bottom and found the following statement a bit odd.
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In coming weeks, the city council is set to decide between two plans for new or refurbished arenas, both of which would involve some public money, but in either case far, far less than the 75 percent that is typical of modern sports facility deals.Whatever happens, Seattle is not going to get royally hosed, and as things go these days, that’s a not insignificant accomplishment.
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Are they planning on going ahead with a new or refurbished arena without a tenant? If that's the case how does that happen without significant public money?