[Cleveland Steam Whistle]

To the points being made above, a 3rd party means someone else to share some of the rising build cost with, but for CSEC, that also means another party to share benefits with on the back end.

Will be interesting to see if the economics of the up front cost have changed enough to have CSEC open to this concept. I might not be remembering it right, but I believe the Stampede having a share of the benefits from the Saddledome events (including Flames games) originally was a huge sticking point for the Flames in the 90s until that arrangement changed some how.

Of course the important factor for all parties would be what the agreement looks like, but adding another investor given that means more sharing of benefits after construction doesn't immediately give me hope. I might be off base here, but I'm guessing CSEC didn't balk at the increased costs because they wouldn't have been able to find a way to pay for their share of the costs, I'm guessing it fell apart because the business case on pay back and benefit was starting to look un-appealing. That likely doesn't change by bringing a 3rd party to the table, but maybe I'm wrong.