Some were suggesting Her Worship wanted to go it alone without the Flames. Doesn’t seem so.
Quote:
It’s my hope that this can create a stronger vision for that entertainment district, of which the event centre is a part, and I’m very interested in having Calgary Sports and Entertainment and all the other interested partners to come together and figure out how to make that happen,” Gondek said in an interview.
But does seem interested in a different structure, with perhaps additional partners involved.
I think some have also suggested that if only the City stepped into the solar panels and sidewalk costs the old deal would go ahead. But that is $10m of an apparent $80+m cost problem for the Flames under the July amended agreement.
Will be interested to see where this goes.
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The arrogance and incompetence of this Mayor annoys me.
Then they don’t want a Saddledome replacement/they don’t want the Flames.
I actually just wish we could vote on this issue. Put it to a plebiscite, and then if the people of the city vote that they don’t to help fund the arena - then so be it, and the city can then move forward without an NHL franchise.
Better than a plebiscite, CSEC could set up a gofundme and people can put their own money where their mouth is.
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Cap hit does not necessarily equate to dollars out the door. There is a lot of wonky money in the system (LTIR, buyouts, back/front loaded contracts).
Florida is projected to be right at the cap, but actual $$ closer to 77.5M. Calgary's got decent cap room, but actual $$ closer to 84M.
The incremental cost of spending to the cap was less with nearly all teams being there (though not so much now that escrow isn't directly linked to HRR). Almost all teams have foolish money on the books...CAR and COL are definitely notable exceptions.
But does seem interested in a different structure, with perhaps additional partners involved.
I think some have also suggested that if only the City stepped into the solar panels and sidewalk costs the old deal would go ahead. But that is $10m of an apparent $80+m cost problem for the Flames under the July amended agreement.
Will be interested to see where this goes.
Move forward on the "entertainment district" and the "event center" without an anchor tenant to drive bodies and revenue to the area? That's like building a massive mall without having anchor tenants that are going to draw in the shoppers. Doesn't seem feasible at all. Where are these other "partners" going to come from?
Move forward on the "entertainment district" and the "event center" without an anchor tenant to drive bodies and revenue to the area? That's like building a massive mall without having anchor tenants that are going to draw in the shoppers. Doesn't seem feasible at all. Where are these other "partners" going to come from?
I’m confused. The flames are the anchor tenant. That’s what’s being said.
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Move forward on the "entertainment district" and the "event center" without an anchor tenant to drive bodies and revenue to the area? That's like building a massive mall without having anchor tenants that are going to draw in the shoppers. Doesn't seem feasible at all. Where are these other "partners" going to come from?
The arrogance and incompetence of this Mayor annoys me.
Then they don’t want a Saddledome replacement/they don’t want the Flames.
I actually just wish we could vote on this issue. Put it to a plebiscite, and then if the people of the city vote that they don’t to help fund the arena - then so be it, and the city can then move forward without an NHL franchise.
I dont know about arrogance and its a little soon to start with the 'incompetence' label. But considering some of what she has done to start her tenure she does seem a little out of touch.
She did start off by declaring a Climate Emergency and then attempting to meddle in Quebec's affairs and now this so the beginning of her mandate has thus far been kind of all over the place.
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Where do the dumb terms His or Her Worship for mayors come from?
Wikipedia delivers.
Quote:
His Worship or Her Worship is an honorific prefix for mayors, justices of the peace and magistrates in present or former Commonwealth realms. In spoken address, these officials are addressed as Your Worship or referred to as His Worship or Her Worship.
Etymology
The term worship implies that citizens give or attribute special worth or esteem (worthship) to their first-citizen or mayor
Quote:
Originally Posted by Manhattanboy
As for Gondek? Well she can worship…
What is that even supposed to mean?
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Flames/City should sell seats licenses that give you rights to Flames season tickets and right of first refusal to purchase concert events in your seats.
18,000 capacity x 75% of seats sold with licenses x average cost of $5,000 per license = ~$50m
That would be enough to cover cost overruns.
I would 100% pay for these along with my season tickets. The status/access/exclusivity of being able to have a ROFR of all the hot tickets that come through the new stadium for 40 years would be amazing. Most corporates would see this as a "no brainer."
Flames/City should sell seats licenses that give you rights to Flames season tickets and right of first refusal to purchase concert events in your seats.
18,000 capacity x 75% of seats sold with licenses x average cost of $5,000 per license = ~$50m
That would be enough to cover cost overruns.
I would 100% pay for these along with my season tickets. The status/access/exclusivity of being able to have a ROFR of all the hot tickets that come through the new stadium for 40 years would be amazing. Most corporates would see this as a "no brainer."
Don’t the Avison Young club seats (or whatever that section is called) already have a ROFR on concerts etc?
I’m confused. The flames are the anchor tenant. That’s what’s being said.
Where is the incentive for the Flames to even stick around? "Her Worship" is dreaming in technicolor if she thinks CSEC is going to continue being nothing more than a tenant to the City. She's also high if she thinks the City is going to draw in a partner like AEG without giving up massive real estate holdings around the arena site for AEG's future development benefit. It is also questionable whether AEG would be allowed to play in the Calgary space since they have an ownership component of the LA Kings and the NHL would see that as a conflict of interest. The City needs to tread carefully here. This ownership group has provided some incredible stability to the sports entertainment scene in Calgary, and if life is made difficult for the Flames, CSEC may just pull the plug on it all.
Quote:
Originally Posted by Strange Brew
Who still builds malls?
No one. That's the point. Amazon has killed off any major department store that could act as an anchor tenant to such a development. Entertainment districts are only as good as their anchor to draw in bodies on event nights.
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We will have to disagree as I do not believe that making the playoffs and spending to the cap is as causal as people believe. What I do think has causality to every GM spending to the cap is the abundance of long term deals (let's cap the Flames at 3yr deals and see what happens) that represent BAD money.
...but that is my opinion.
Let's set the budget and make Brad use our farm system and drafting past the 1st round to fill out the roster (our best players have come from developing assets this way).
I would guess the flames would lose, and lose out on a ton of good players if they refused to do more than a 3 year deal.
I encourage anyone who is fearful or has boughten into the threat of the Flames leaving Calgary read this article by Kent Wilson written a few years back in response to Eric Francis’s flimsy scare tactic puff piece/shill article that had preceded Wilson’s by a week or so. Although it is a few years old, it still applies all the same:
I'm not fearful of the Flames moving and not going to sound any alarm bells. Calgary is a great market for the NHL.
Could the Flames ever leave though? Of course they could. Go back and look at the Forbes valuation of NHL franchises and arena deals are a key driver of high value. That's why the Oilers are a top 10 valued franchise.
The NFL's Houston Oilers left town and Houston is the heart of football country. How did that happen?
A wingnut owner who fell in love with another market and the promises they were giving him.
Failed attempts to build a new stadium in Houston, in a very public battle with local politicians that played out in the media.
A city that was struggling economically after going through an oil price collapse and they had recently funded improvements to the existing stadium.
A fan base that ultimately turned their back on the owner and stopped going to games.
A league that didn't really get involved and allowed the owner to do what he wanted.
You could see some of that happening here but the situations are quite different. The Flames remain very popular in Calgary.
