Quote:
Originally Posted by Bonded
It would actually be better for the city to not own it and pay the lease like CSEC. The city is putting up 856 million dollars. CSEC’s lease payments are worth 356 dollars and are basically debt servicing. If the deal also follows the last one then CSEC gets all non-hockey revenue as well but the city apparently gave up the value of the naming rights for some reason.
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but the city can get money for every event, and the surrounding areas are going have major improvements , tourism, popularity maybe Olympics 1 day. Anyway you slice it this is great for the city, this city needs to catchup.