Quote:
Originally Posted by GGG
Yes currently the team is being subsidized by the City by roughly 6 million per year. The flames are asking the city to increase that subsidy to roughly 15 million per year. Whereas the city roughly wants to maintain that rate of subsidy and the Flames can decide on how to spend it.
So the city isn't taking anything away from the Flames. They are saying the Flames value to the city doesn't change with or without a new arena.
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Yes, agreed. They don't want to contribute anything new based on their public proposal, only to change the way they contribute.
They will likely end up continuing the tax free status as well as some capital contribution to the new facility when this eventually gets done.
None of this is in any way a defence of the way the Flames have managed this process.