Quote:
Originally Posted by TheScorpion
This is correct, but the equation for the players and the league becomes a lot different once that hurdle is crossed. Playing at Mullett is palatable in the short term when there are shovels in the ground and a targeted end date. It is very much not palatable with the current status quo.
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Now you’re equating winning the auction to “shovels in the ground”.
My personal belief is that it is unlikely that Meruelo is actually going to spend more of his own money in building an arena than any other NHL owner ever has. Remember most arenas that were built with 100% private funds still received significant public assistance. The Denver arena is cited as an example of an arena built with private funds but they still received property tax exemptions and infrastructure spending.
I’m sure the NHL sees the auction as just one step and their confidence level of this project ultimately happening is low.