[Beatle17]

Originally Posted by powderjunkie

I think I posted briefly about this before, but I think the Stampede may be one of [if not the main] 3rd party being hinted at here.

My "insider" info is long out of date, but there are a number of dots to connect here that could make a lot of sense, even if ultimately it ends up as a leverage play to make CSEC bargain in good faith.

Simple reasons it makes sense...Stampede has:
- an existing relationship with Ticketmaster/Livenation (in multiple capacities - selling their own productions like rodeo/evening show, serving as promoter for concerts (Stampede time and a few other examples), and operating multiple venues for other promoters
- obvious efficiencies in operations and staffing for concessions, security, parking, building ops, custodial, etc.
- existing year-round sales and events team - there is a lot to unpack here, but adding even more inventory of concourses, hosting spaces, and the seating bowl could present some very interesting revenue opportunities
- there's a lot more that's hard to articulate succinctly...down to general calendars and daily event flows


The interesting scenario here is if the city+Stampede could come up with a sensible plan, setting them up to charge CSEC fair market rates as a tenant. CSEC is confronted with losing a lot of peripheral revenue opportunities and general control. The city is delivering a new building, which makes it a lot harder for CSEC to play the relocation card (not to mention the relocation fee)...

If CSEC doesn't like it (spoiler alert: they won't), their main options would be:
1. To sell...which opens up a lot of suitors who may just want into the pro sports club, without necessarily taking on the concert promotion game, nor a lot of the aforementioned operational stuff.
2. Come back to the bargaining table with a more competitive offer...

Name 2