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Old 09-13-2017, 11:02 AM   #987
calf
broke the first rule
 
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Quote:
Originally Posted by Lord Carnage View Post
and two of the three owners who built those buildings lost their shirts on the building. Only Toronto was able to make it work without losing LOTS of money...

I don't get why people keep bringing this up... It would be like saying it was a victory that the Flames led 4-1 in game 3 last year, and ignoring the fact that the Ducks won 5-4 in OT?!?
Doesn't that prove the point? An arena is a bad investment for both sides. The team can't make it work without "free" government money. The city can't make it work without some sort of return or payback on their investment. There's a reason people aren't investing in these things other than governments that have been "held hostage". They don't make much financial sense at all for both sides.
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