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Originally Posted by Rutuu
Interesting points...how much each season do you think Edwards is prepared to lose?
It's like the arena deal...I get the part about the city needing a venue that size, I get the part about better debt financing rates, etc...
What i always ponder, is why did Calgary tax payers (and Alberta tax payers eventually) have to build a luxury dressing room, weight room, rehabilitation center and practice facilities (disguised as a community arena) for the Flames. All of those operational facilities could've been built by the business over the last decade plus. They didn't have to sink to second last in league voting.
So I hear your arguments, but where there's smoke...
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Almost all pro sports teams secure deals like this, even though it’s a punch in the gut for taxpayers who don’t get to share even fractionally in the absurd franchise valuations.