Complete speculation on my part, but I'll float a prediction of what the Flames proposal might look like based on some media reports.
City portion - 52% ($286 million)
Flames direct portion - 20% ($120 million)
Ticket Tax - 28% ($154 million) - Considered by Flames to be part of their contribution. ALTHOUGH IT IS NOT
Obviously, there would be zero money flowing back to the City from their investment by way of taxes or revenue sharing. Although I expect that CSEC will ultimately agree to some form of rent.
|