Quote:
Originally Posted by Table 5
I've said it before, but the NHL needs to build infrastructure costs into its operations. The salary cap should not be 70 million if they need public financing to be viable. It should be 50 million, so each team can put away 20 million every year and have the option to build a new arena every 2-3 decades.
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The problem there is that larger markets would potentially be subsidizing small ones. With no co-tenant to help anchor the building small teams won't have a chance.
Plus if they were to go that route players start getting a chunk of non hockey related revenue. No way that ever happens.
Flames are not a sustainable business on their own in a place as small as Calgary. They can last a few more years as is.
But in coming years I do think pro sports franchises as is will have a huge problem. Millenials and younger won't have enough interest to keep funding the traditional games of Baseball/Football/Basketball and hockey in Canada or Northern USA. If private enterprise is to own their own building, than places like Calgary will be left out. In a world where governments are needing private companies to build things like roads, bridge's, and Hospitals...I see no way that governments can subsidize arena''s and stadiums.
I think the stadium/arena building bubble is on the verge of bursting.