Quote:
Originally Posted by Jay Random
Based on the experiences of private arena builders in Montreal, Vancouver, and Ottawa, if a new arena cost $450 million to build, it would have a market value of something like $300 million the day it opened. The rest of the construction cost would be basically unrecoverable.
You want a business decision? How about not pissing $150 million down a rat hole?
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So why should taxpayers and then pay through the teeth for tickets, concessions and parking. So the players, owners and management can get even richer?
If it's a bad business decision, don't expect me to pay for it!