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Originally Posted by Hot_Flatus
If King and his cronies are actually this delusional into thinking this proposal is "fair", this is the first time I am actually resigning myself to the fact the team will likely leave.
I've talked about how awful this Edmonton deal was and it's surprising that this is being one-upped by CSEC. The city is not going to get them back from the ledge with a 1/3 1/3 1/3 proposal that is still a sweetheart deal like the Edmonton proposal.
Sad to say but don't let the door hit you on your ass on the way out guys. It's almost at the point of spite that I don't want a cent going to these rich jerks now. It is clear now that all the years of this team sprouting off about how much they love the community was a complete lie. Fans should actually start boycotting games and leaving the building half empty to send these guys a message.
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Did you even look at the Edmonton proposal? A 50:50 is still better than the shaft the City of Edmonton took. I'm not in support of a 50:50, but holy crap, that is infinitely better than getting a $600M+ project rolling with 4% of the required cash up front. Edmonton fronted 96% of the cost with the hopes of recouping 42.8% through recovery mechanisms over the next 35 years!!! That means Edmonton will eat 52% of the costs to build the arena, after fronting almost all of the money.