Quote:
Originally Posted by calf
The Flames are saying:
1) we put up $370M out of a $500M arena (their 1/3 + the ticket tax 1/3)
2) We pay $240M in property taxes over 35 years
3) $370 + $240 = $610M, divided by $500M = 120%
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Embarrassing. That's all I can say.
If this were still a legitimate argument over who
really bears the burden of a ticket tax (is it forgone Flames revenue, or a user contribution above the ticket's market value?) I could stomach it. But that property tax claim above is just ... so... so far beyond "good faith" negotiating that I don't even want a "reasonable compromise" solution anymore. I want the owners to completely bend over, or F off.