I'm a big fan the decision to build this facility and don't agree with lot of the negative sentiment regarding the use of taxpayer dollars to fund it. That's not the point of this post though.
Franchise valuations lately got me thinking though. A clause the city should consider putting in their final agreements is around franchise valuation increase due to the new facility. My thinking;
If the franchise increases in value, like other franchises have, due to a brand new city owned arena, if the ownership decides to sell the franchise, the city should be eligible for a portion of that increased valuation. I feel that's fair. If Edwards and Co. decide to sell after the new rink is built, they could end up getting another $200M or more because of the new facility. A portion of that, in my mind, should be distributed to the city.
Random thought.
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