CalgaryNext --- 850 million city, 450 million flames. This was a terrible deal for the city.
Vic Park
- 1/3 loan --unclear from article who pays it back (I agree with bunk that it would be a CRL so that's city)
-1/3 ticket tax - flames
-1/3 ownership - flames
The Vic park deal seems pretty reasonable depending on what that loan looks like, who is responsible for maintenance and who owns it. If you assume city owns flames maintain it looks pretty similar to what the CNext "pitch" was asking for rather than what the actual costs were. I hope more details around the offer come out so we can truly evaluate the stakes out positions.
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