09-24-2012, 05:02 PM
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#301
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Lifetime Suspension
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Quote:
Originally Posted by MissTeeks
Informal meeting with Chris Hanson was planned for this afternoon.
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The Following 2 Users Say Thank You to MrMastodonFarm For This Useful Post:
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09-24-2012, 05:09 PM
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#302
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Lifetime Suspension
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Quote:
Originally Posted by MissTeeks
John Shannon @JSportsnet
@SportsnetSpec can report that DKatz is indeed in Seattle. Informal meeting with Chris Hanson was planned for this afternoon.
The legislation for the new Seattle arena was approved by City counsel today:
Chris Daniels @ChrisDaniels5
BREAKING - Seattle City Council APPROVES #SeattleArena legislation 6-2
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The real irony here is that Seattle's arena is not going to be subsidized by tax payers.
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09-24-2012, 05:25 PM
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#303
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Franchise Player
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Quote:
Originally Posted by Tinordi
The real irony here is that Seattle's arena is not going to be subsidized by tax payers.
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Yes it is. $200 million.
http://blogs.seattletimes.com/today/...ves-new-arena/
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09-24-2012, 05:29 PM
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#304
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Lifetime Suspension
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Yes I should have clarified, the tax payers are providing financing but will be paid back, at least that's the theory. So it is a subsidy my bad, but from my vantage, not nearly as egregious a subsidy as what's going on the 'chuk.
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09-24-2012, 05:30 PM
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#305
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Franchise Player
Join Date: Mar 2007
Location: Victoria, BC
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Flames fan pacific NW road trip!
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09-24-2012, 05:30 PM
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#306
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Franchise Player
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Quote:
Originally Posted by Reanimate
He is either not very smart or getting too much advice from the wonder dip####s Tambellini and Lowe.
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I have heard from a couple connected folks in Edmonton that Katz may not have anywhere near the dough people think.
The city knows it, so is being ultra cautious.
He of course knows it, so needs a dance partner to pick up more and more of the tab.
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09-24-2012, 05:33 PM
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#308
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Lifetime Suspension
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Quote:
Originally Posted by Bend it like Bourgeois
I have heard from a couple connected folks in Edmonton that Katz may not have anywhere near the dough people think.
The city knows it, so is being ultra cautious.
He of course knows it, so needs a dance partner to pick up more and more of the tab.
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Yes I was thinking about that this week. Looks more and more like that's what's going on. Larry Ryckman owns the Oilers.
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09-24-2012, 05:33 PM
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#309
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Powerplay Quarterback
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Quote:
Originally Posted by Bend it like Bourgeois
I have heard from a couple connected folks in Edmonton that Katz may not have anywhere near the dough people think.
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But hasn't it been reported plenty of places that he's a billionaire?
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09-24-2012, 05:52 PM
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#310
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Lifetime Suspension
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I also wonder where on the pecking order he thinks he is for relocation. Seems like there's some other franchises out there who would pull rank for a relocation. He can't seriously think a stunt like this is going to work right?
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09-24-2012, 05:58 PM
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#311
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Lifetime Suspension
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Quote:
Originally Posted by Tinordi
I also wonder where on the pecking order he thinks he is for relocation. Seems like there's some other franchises out there who would pull rank for a relocation. He can't seriously think a stunt like this is going to work right?
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Yeah, it seems really bone-headed. The NHL is doing everything it can to keep the Coyotes in Arizona... the NHL is going to do everything it can to keep a 5 time cup winner in a hockey market.
It's Gobias Industries all over again.
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09-24-2012, 06:00 PM
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#312
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All I can get
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It's Edmonton.
Quote:
Originally Posted by Tinordi
I also wonder where on the pecking order he thinks he is for relocation. Seems like there's some other franchises out there who would pull rank for a relocation. He can't seriously think a stunt like this is going to work right?
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It's Edmonton. The town where the  circus never leaves.
__________________
Thank you for your attention to this matter!
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09-24-2012, 06:32 PM
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#313
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Franchise Player
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Could the karmic result of cheering for your team to lose be losing your team?
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Quote:
Originally Posted by MisterJoji
Johnny eats garbage and isn’t 100% committed.
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09-24-2012, 06:40 PM
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#314
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Franchise Player
Join Date: Mar 2002
Location: Auckland, NZ
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Quote:
Originally Posted by nik-
Could the karmic result of cheering for your team to lose be losing your team?
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Now they can lose all the games they want, and Oiler fans won't have to pay a cent in the process. Really, it's a win-win for all parties involved.
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09-24-2012, 06:41 PM
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#315
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Franchise Player
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Quote:
Originally Posted by BlackRedGold25
But hasn't it been reported plenty of places that he's a billionaire?
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But is Katz a Billionaire, or is Rexall Drugs worth billions?
Doesn't he live primarily in Vancouver? A move to Seattle would actually allow him to go see his team play more often.
I personally don't think the government should be funding the arena - not in Edmonton, or Calgary, or Regina for that matter. They will never get the money back out of it.
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09-24-2012, 06:55 PM
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#316
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Franchise Player
Join Date: Oct 2006
Location: San Fernando Valley
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Posturing and nothing more. Big winners in this are the Flames. They either go to being Alberta's only team (highly doubtful) or when the government caves in to Katz they will be in for a similar deal without doing the dirty work.
Last edited by Erick Estrada; 09-24-2012 at 06:57 PM.
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09-24-2012, 07:15 PM
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#317
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Franchise Player
Join Date: Dec 2003
Location: Sunshine Coast
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The thing is if the Oilers move another team won't be moving in without a new arena or at least the promise of one. Bettman wouldn't allow it. It will probably have to be built with 100% taxpayer money at that point, such as Quebec City, unless they run into a sweetheart deal such as in Seattle.
Sure it's a great toy to have and the public shouldn't be required to build the facility but if it wants to compete against other cities that will, Edmonton and Calgary are going to have to put up public money.
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09-24-2012, 07:16 PM
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#318
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Powerplay Quarterback
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Oiler fans should be begging Katz and his pack of losers to move out of town. The chances of getting a relocated or expansion team are far more likely than the current organization ever hiring someone competent to run anything to do with the franchise.
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09-24-2012, 07:19 PM
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#319
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Franchise Player
Join Date: Oct 2006
Location: San Fernando Valley
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Quote:
Originally Posted by BlackRedGold25
Oiler fans should be begging Katz and his pack of losers to move out of town. The chances of getting a relocated or expansion team are far more likely than the current organization ever hiring someone competent to run anything to do with the franchise.
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Like Vulcan said no new owner will pony up for an expansion team to play in Rexall Place or the Saddledome for that matter without a deal in place for a new arena. Katz has all the leverage here. He'll get a new arena in Edmonton or maybe Seattle.
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09-24-2012, 07:28 PM
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#320
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Franchise Player
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Quote:
Originally Posted by BlackRedGold25
But hasn't it been reported plenty of places that he's a billionaire?
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For sure. But that balance sheet could have holes.
It was explained to me but not sure I am smart enough to get it or even if its true, so I am not trying to convince anyone.
What interesting is that rumours were swirling in edmontons connected crowd 2 months ago.
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