Quote:
Originally Posted by getbak
Oak View Group and AEG, come on down.
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These guys don't do this kind of thing for fun. If someone like that gets involved, it's coming out of CSEC's future earnings from the building. From the city's perspective, wouldn't the door always have been open?
For CSEC, the city is a better economic partner because it's taxpayer subsidy.
Look at the Forbes NHL franchise valuations, Vegas is middle of the pack. They have $84 million of their valuation attached to the arena because it was privately funded. The Oilers? $208 million.