[News] Seattle announces $660 mil private arena deal. NHL team to be announced in July?

[Joborule]

Originally Posted by ComixZone

2020/2021 Season?


Arizona is not a relocation candidate.

Carolina sold and the new owner has committed to keeping the team in that city.

Ladies and Gentlemen, the NHL is going to use Seattle as leverage against Calgary. For all of those who thought the Flames leaving was an empty threat...whelp, it is what it is now.

Lets see, the NHL owners would either get $200 from relocating, or $650M from expanding, which should they prefer?

The NHL has made their intentions pretty clear for the past few years that Seattle would be an expansion market. This doesn't change things at all with Calgary. You can bet money that the Flames owners will play lip-service and visit Seattle (and Houston) to play up the relocation card, but I wouldn't give it much merit still.

[Manhattanboy]

Is the spread between the relocation fee and the expansion fee that high?

With relocation an expansion draft is avoided.

[dash_pinched]

Originally Posted by ComixZone

2020/2021 Season?


Arizona is not a relocation candidate.

Carolina sold and the new owner has committed to keeping the team in that city.

Ladies and Gentlemen, the NHL is going to use Seattle as leverage against Calgary. For all of those who thought the Flames leaving was an empty threat...whelp, it is what it is now.

Isn't that about when the current CBA is set to expire and the league will be in yet another lockout?

[albertGQ]

Originally Posted by Joborule

Lets see, the NHL owners would either get $200 from relocating, or $650M from expanding, which should they prefer?

The NHL has made their intentions pretty clear for the past few years that Seattle would be an expansion market. This doesn't change things at all with Calgary. You can bet money that the Flames owners will play lip-service and visit Seattle (and Houston) to play up the relocation card, but I wouldn't give it much merit still.

The NHL may set the relocation fee at a number much higher than $200M. Why are you so sure it'll stay at $200M?

[bubbsy]

well, of course not.

John Shannon‏Verified account @JSportsnet 5m5 minutes ago
Lost in the Seattle and Carolina storylines at the NHL Board meeting, was the update by Murray Edwards on the Calgary Arena situation. Edwards told the group he was not optimistic about a new home for the Flames.

[Joborule]

Originally Posted by albertGQ

The NHL may set the relocation fee at a number much higher than $200M. Why are you so sure it'll stay at $200M?

This is just an arbitrary number based off the last rumored priced back when Balsillie tried to moved Coyotes to Hamilton.

It could or could not, but the consensus from the media is that expansion fee would be higher than relocation fee.

[Reaper]

Originally Posted by Joborule

Lets see, the NHL owners would either get $200 from relocating, or $650M from expanding, which should they prefer?

Has the NHL announced something about how #32 will cost that much? Vegas onlypaid $500M.

[sureLoss]

Originally Posted by Reaper

Has the NHL announced something about how #32 will cost that much? Vegas onlypaid $500M.

Yes Bettman said the next expansion fee will be $650 million.

[dissentowner]

Originally Posted by bubbsy

well, of course not.


[URL="https://twitter.com/JSportsnet"]

I really wish Edwards would find another local buyer and sell off his ownership.

[Erick Estrada]

Originally Posted by dissentowner

I really wish Edwards would find another local buyer and sell off his ownership.

Because there are plenty of local buyers willing to shell out $500 million for the team and another $400 million for a new arena.

[DiracSpike]

Yeah, anyone who's buying the team is going to ask for the same thing. This city is not getting a new arena without public money and we won't have a team in 5 years without a new arena plan in place by then. People need to come to terms with that.

[You Need a Thneed]

Originally Posted by DiracSpike

Yeah, anyone who's buying the team is going to ask for the same thing. This city is not getting a new arena without public money and we won't have a team in 5 years without a new arena plan in place by then. People need to come to terms with that.

There are plenty of people who would be willing to take the $180+ million the city has already offered towards a new arena.

[DiracSpike]

Originally Posted by You Need a Thneed

There are plenty of people who would be willing to take the $180+ million the city has already offered towards a new arena.

Who, you?

[MisterJoji]

Originally Posted by DiracSpike

Yeah, anyone who's buying the team is going to ask for the same thing. This city is not getting a new arena without public money and we won't have a team in 5 years without a new arena plan in place by then. People need to come to terms with that.

Just the same old posturing that comes with every arena negotiation. Edwards wants the same deal Katz got and Calgary’s not that dumb. One of the sides will eventually bend over the next 5 years. The chance of a Canadian, money making franchise relocating is -10%.

[Bunk]

Maybe the Flames should come back to the negotiating table. Both sides should commit to some fresh faces and ideas there, see where it goes. Enough posturing.

[Falclore]

Originally Posted by MisterJoji

Just the same old posturing that comes with every arena negotiation. Edwards wants the same deal Katz got and Calgary’s not that dumb. One of the sides will eventually bend over the next 5 years. The chance of a Canadian, money making franchise relocating is -10%.

Weren't you 99% sure that the Flames were going to lose to the Habs...

[oldschoolcalgary]

Carolina has an attendance of 11-12K... pretty much the same as islanders and Florida.

it would be asinine if the NHL moved Calgary before those franchises...

That said, have at it... i doubt calgary taxpayers are going to be held hostage for a new arena with the taxpayers footing the bulk of the costs.

[Reggie Dunlop]

Seattle would be in the Pacific Division, necessitating moving an existing team to the Central. Arizona might make some sense geographically, but I think the league wants to build a Golden Knights/Coyotes rivalry narrative.

[curves2000]

Originally Posted by Reggie Dunlop

Seattle would be in the Pacific Division, necessitating moving an existing team to the Central. Arizona might make some sense geographically, but I think the league wants to build a Golden Knights/Coyotes rivalry narrative.

I was just thinking about this and to be honest, wouldn't it need to be either Calgary or Edmonton? Outside of the Alberta based teams, almost all the teams in the Pacific Division play on PST with the exception of Arizona on part of the year.

Anybody have any ideas as to how this could work?

[Flash Walken]

Colorado is also on MST.