Quote:
Originally Posted by sureLoss
Not really. My takeaway from that press conference was that barring a revenue sharing deal, the Flames will still get 100% of the revenue regardless if the city owns or the Flames own the arena.
The only way city gets money is via rent or property tax.
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But if the revenue projections are so high, and the property tax is a drop in the bucket wouldn't the city be able to rent it for more than they could collect on property tax?
I'm sure there is some validity to the comment, but without actual numbers it seems more like posturing.