Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Arena negotiation discussion. UPD: Flames release their proposal

Locke · 09-16-2017, 11:34 PM

This is the gist of it as I see it:

They have a sweet deal at the Dome. No rent, no Property Taxes, only Operating Costs.

I do see King's point in a lot of ways. Based on the City's Proposal the Flames would have to:

- Pay Rent or Property Taxes
- Repay the City's Investment (via Rent or Property Taxes)
- Potentially Operating Costs (depending on rent vs. own)
- Repay the ticket tax (by not being able to keep it)

This is a substantially worse deal than the one that they already have. And these were outlined very specifically in King's presser.

Yes. It does appear that, apart from Edmonton, the days of the 'Sweetheart Arena Deal' seem to be nearing their end. Maybe they should have hopped on that Gravy-Train before it was pulling in to the end of the line.

Well, their designated representative (King) took his sweet time. That is evidently going to cost them.

But going back to King's points and that if those 'were true we'd be better off staying in the Dome' that is a statement that may or may not be true.

The fact of the matter remains is those points are all costs. With no mentions of additional revenue.

I mean, if there were no more additional revenue, or at least appreciation of the value of the Franchise, then why would they do it? But those numbers tend to be inconvenient.

To boil it down: I understand the position of King and the Flames/CSEC. I do. They want something for nothing because other Organizations got it. They're upset that the current administration in Calgary isnt just giving them what they want and that upgrading to a modern building isnt going to meet their revenue projections because they're not going to get it for free.

And I understand where Nenshi stands. The Flames are not a Charity.

I dont want to comment on King's comments regarding the Philanthropic efforts of CSEC ownership because those have been more than commendable, but that doesnt mean the City is obligated to hand over the blank cheque. Thats not what Philanthropy is about.

In the end, the Flames want free money.

They couldnt have possibly asked at a worse time.

09-16-2017, 11:34 PM	#1415
Locke Franchise Player Join Date: Mar 2007 Location: Income Tax Central Exp:	This is the gist of it as I see it: They have a sweet deal at the Dome. No rent, no Property Taxes, only Operating Costs. I do see King's point in a lot of ways. Based on the City's Proposal the Flames would have to: - Pay Rent or Property Taxes - Repay the City's Investment (via Rent or Property Taxes) - Potentially Operating Costs (depending on rent vs. own) - Repay the ticket tax (by not being able to keep it) This is a substantially worse deal than the one that they already have. And these were outlined very specifically in King's presser. Yes. It does appear that, apart from Edmonton, the days of the 'Sweetheart Arena Deal' seem to be nearing their end. Maybe they should have hopped on that Gravy-Train before it was pulling in to the end of the line. Well, their designated representative (King) took his sweet time. That is evidently going to cost them. But going back to King's points and that if those 'were true we'd be better off staying in the Dome' that is a statement that may or may not be true. The fact of the matter remains is those points are all costs. With no mentions of additional revenue. I mean, if there were no more additional revenue, or at least appreciation of the value of the Franchise, then why would they do it? But those numbers tend to be inconvenient. To boil it down: I understand the position of King and the Flames/CSEC. I do. They want something for nothing because other Organizations got it. They're upset that the current administration in Calgary isnt just giving them what they want and that upgrading to a modern building isnt going to meet their revenue projections because they're not going to get it for free. And I understand where Nenshi stands. The Flames are not a Charity. I dont want to comment on King's comments regarding the Philanthropic efforts of CSEC ownership because those have been more than commendable, but that doesnt mean the City is obligated to hand over the blank cheque. Thats not what Philanthropy is about. In the end, the Flames want free money. They couldnt have possibly asked at a worse time. __________________ The Beatings Shall Continue Until Morale Improves! This Post Has Been Distilled for the Eradication of Seemingly Incurable Sadness. The World Ends when you're dead. Until then, you've got more punishment in store. - Flames Fans If you thought this season would have a happy ending, you haven't been paying attention.