Quote:
Originally Posted by Lanny_McDonald
Where is this magic man coming from? Who is going to front $600M to construct a new building, with hopes that Edwards will sell to them, with similar hopes the NHL would force the Flames' ownership group to sell locally? How is this new owner going to strong arm the Flames into a long-term lease with this new building? Is the City of Calgary going to do this person a huge favor and demolish the Saddledome so the Flames are forced into the new building and signing any lease put before them? That's an awful big gamble to make, and I doubt Edwards would be bamboozled into the same play that Orthwein got suckered into by Kraft in Foxboro.
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The hypothetical situation included a third party already engaged with edwards.
I disagree it’s an unreasonable gamble.
Which of the assumptions do you disagree with
The Saddledome is reaching end of life
The Saddledome can’t economically have its life extended long term
Edwards is not willing to fund an arena alone
The city will only fund one arena
The NHL will not let the team move with a viable owner and a viable building.
I could see Edwards in that scenario build a new arena out of spite but other than that you end up with the flames or the flames as a tenant.