Flames are done in Calgary if they walk away from this... there is no other game in town to negotiate with, take the small drop in the bucket costs and the sweetheart funding deal and run. Unless he really does want to move them to Houston or something, which wouldn't surprise me because I don't think Edwards has a lot to do with Calgary anymore these days.
I don't think they realize how unpopular their arena being funded by the city is with most people around town as hardball public negotiations are super tone deaf
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