Quote:
Originally Posted by Nuje
If owning an NHL team is a money losing venture in a world where owners pay for their own arenas, well, then that's that, and the public can decide to subsidize professional sports.
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I don't think that should be the rationale behind any funding...to me owning a pro sports team is like owning a rare, vintage vehicle. Although its maintenance costs can be insanely expensive, it generally appreciates in value, and always holds an intrinsic value in its scarcity, and that as a rich dude, you get to own something that very few others can.
Public money should not be just to balance the costs associated with owning this luxury item. Of course, quantifying the public benefit is the challenge, but IMO the Flames profitability should be almost irrelevant to the discussion.
Quote:
Originally Posted by getbak
The Event Centre must be viable and sustainable as its own entity while contributing as part of a comprehensive master plan vision that supports The City of Calgary’s planning objectives and enhances our communities’ brand and reputation.
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Two more words requiring definitions.
An event centre in Calgary does not really seem sustainable with or without the Flames as an anchor tenant.
The Flames are apparently not sustainable without a free/heavily subsidized building.
0 + 0 =/= 3
Not really sure how we get to viable and sustainable