This bid hurts Calgarys chances of getting a new arena for the flames. The province and the city put their money in the olympics basket. That means no financial contribution to a new arena, especially from the province. Flames ownership will be 100% on the hook to get one built in the near future. That’s based on Calgarys budget for the olympics. If a deal happens with the flames then expect cost overruns. Personally I would rather a higher bid that includes a new arena. Now we have a situation where Flames ownership is backed in a corner. It’s their own fault mind you for not taking a perfectly reasonable offer from the city. It’s too bad because Calgarians could have had their cake and eat it too.
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