Quote:
Originally Posted by sureLoss
|
- So we pay 66%, the owners pay 33%.
- We get property taxes, the owners get 100% of event revenues.
Or in other words, they get a new building and an increase in revenue, but we pay 2/3 of the cost of the building, plus we're the actual source of that revenue every time we attend an event in their building.
Someone should walk up to the Flames ownership and say, "I want to make a jug of lemonade, which is going to cost $99 to build and fill up. Here's the deal: I'll pay $33 and you'll pay $66. In return for each of our investments, I'll charge you $5 per glass and keep 100% of the revenue, and you'll charge me $10 per year in tax. What do you say?"