Arena negotiation discussion. UPD: Flames release their proposal

[dammage79]

Originally Posted by Northendzone

ken king - rogue employee of the flames who says and does what he wants or public spokesman who works with the ownership group to present their ideas/viewpoints?

I think owners spokesman was pretty clear in that press conference. He had to look over a couple of times for directions as to what he could say. Was even called out on it by a reporter. Fact is though, Kings not the guy to have as your public face. He trips over himself too much and is transparent in the context that he is omitting information....poorly.

[Textcritic]

Originally Posted by Isikiz

This one?

I am sorry, but this meme just does not work in this instance. If anything, King has lit himself on fire and is screaming up and down the street that the sky is falling.

[Flash Walken]

Originally Posted by Textcritic

No question. What is fairly puzzling is how King and the Flames arrive at the notion that starting from scratch in the West Village plus the massive expense of site cleanup is a better course to the entertainment district goal than building in Vic Park where there are already supportive infrastructural plans in place.

Because they don't care, basically. Those considerations aren't important. It is why when the city reviewed CalgaryNext he price tag doubled.

This is only about flames owneshop and development partner building an ice district. Realigning roads, city infrastructure, zoning etc is someone else's problem

[Lanny_McDonald]

Originally Posted by calgaryblood

Wonder what the reason was for not releasing their proposal.

Probably because they want an opportunity to dominate the news cycle for the week. Friday is the traditional day for the release of bad news, because people ignore the news as they head off for their weekend. Release the news on Monday or Tuesday, and you have the people talking about it for the next three or four days.

[nik-]

Where's Freeway? He needs to make a post so I can click the thanks button for killing it on that question and the follow up.

Freeway: (paraphrasing) "So you want money that you don't have to pay back?"

King: *awkward silence following by anecdote about the Colosseum in Rome*

Freeway: "you didn't answer"

King: "I don't want to get pinned" *gets pinned*

[Flash Walken]

If this press conference had a theme it would be "There is no Plan B"

[Flash Walken]

Originally Posted by nik-

Where's Freeway? He needs to make a post so I can click the thanks button for killing it on that question and the follow up.

Freeway: (paraphrasing) "So you want money that you don't have to pay back?"

King: *awkward silence following by anecdote about the Colosseum in Rome*

Freeway: "you didn't answer"

King: "I don't want to get pinned" *gets pinned*

Only guy in the scrum that doesn't work for a news outlet king once managed.

[Makarov]

Originally Posted by Flash Walken

If this press conference had a theme it would be "There is no Plan B"

I think the press conference theme was more "my cat's breath smells like cat food."

[robaur]

Originally Posted by peterh

I hope the Flames do leave to show you guys how important they were to our city. If I was the owners I would abandon ship, this city doesn't want them.

The importance of an education....

[Freeway]

I asked about the development around the Saddledome. Lucas Meyer asked about the public money after me.

[Textcritic]

Originally Posted by browna

...Flames don’t have that threat to use, yet, and nor do they want to. They have owners who’ve been committed to this city and the team for decades.

But something has to give in the next couple years.

It has been said already several times, but the Flames also do not have a negotiating partner who is desperate to revitalize a desolate relic of the Cold War that is downtown Edmonton. The Edmonton deal does not work in Calgary because as a city environment Calgary is not on the same level as Edmonton.

[topfiverecords]

Originally Posted by GirlySports

No he's saying the Flames could charge $108 and keep it all if they wanted to but in this deal $8 is going to the ticket tax but it's really their money.

And once the $185 million dollars is paid back are the prices of tickets going to go down $8?

Assume 19,000 seats x 273 dates (throw a rough usage number of 75%) x $8 = $41M / year. So it should only take 4.5 years to repay the $185M by ticket tax.

Now, certainly aside from 42 of those dates and some major concerts (say 20/year) a lot of those dates won't be full 19k capacity, but even at 50% for the remaining dates = $17M / year. Which would only take 11 years to pay back.

[OmegaV4]

I mean, looking at the deal posted, unless I'm missing something, it seems fair to me.

Flames get full Ownership + 100% of revenue?

Seems good to me.

Someone tell me if I'm missing something that the Flames were wanting.

[nik-]

Originally Posted by Flash Walken

Only guy in the scrum that doesn't work for a news outlet king once managed.

Actually it's funny because that lady soon after asked, what I assume, she thought was a relatively softball positive question about when we get to see the plans.

It just turned out they have nothing, so it ended up being a 89mph slider right between the shoulder blades.

[Five-hole]

Originally Posted by CliffFletcher

King is doing exactly what Edwards wants. This is the way he negotiates.

Though they might be disappointed in King's style of communication. They probably figured he has the pulse of the Sun readership element of the public, but the city has become more sophisticated.

Yup. You don't become a billionaire by paying a fair share for everything.

[automaton 3]

Originally Posted by killer_carlson

I look at it as this:

City makes a response and the Flames don't want to let the City's characterization dominate the news cycle.
King holds a press conference, gets hit with a bunch of bullets, but takes over the front page.
King says 'just wait' and the Flames will offer their response next week - likely very early in the news cycle.

The Flames have flipped the negotiations from the boardroom into the public with the publication of their walking away. This decision isn't made recklessly. It's a calculated move.

I'm sure there was some strategy in mind here, but KK's performance basically amounted to calling in an air strike on their own position.

They really should have waited until they had their next proposal ready and could have shifted to the positive.

[Flash Walken]

Originally Posted by Freeway

I asked about the development around the Saddledome. Lucas Meyer asked about the public money after me.

Check out Lucas Meyer (@meyer_lucas): https://twitter.com/meyer_lucas?s=09

[Vinny01]

Only caught a few minutes of the presser

King really comes off as arrogant every time he talks about this project

[MarchHare]

Originally Posted by OmegaV4

I mean, looking at the deal posted, unless I'm missing something, it seems fair to me.

Flames get full Ownership + 100% of revenue?

Seems good to me.

Someone tell me if I'm missing something that the Flames were wanting.

They want a nine-figure handout from the public purse.

[nik-]

Originally Posted by Freeway

I asked about the development around the Saddledome. Lucas Meyer asked about the public money after me.

Oh, well then I take it back, Lucas Meyer is my new best friend now.