[News Roundup] CSEC/City arena deal UPDATED: Third Party Facilitator

[Cecil Terwilliger]

Pulling out is for wimps. Just ask my old buddy George.

NSFW!

You can tell from the language we use; language always gives you away.

What did we do wrong in Vietnam? We pulled out! Huh? Not a very manly thing to do is it?

When you're ####ing people, you gotta stay in there and #### them good! #### ‘em all the way! #### ‘em ‘til the end! #### ‘em to death! #### ‘em to death! #### ‘em to death! Stay in there and keep ####ing them until they're all dead!

We left a few women and children alive in Vietnam and we haven't felt good about ourselves since.

That's why in the Persian Gulf, George Bush had to say “this will not be another Vietnam!” He actually used these words, he said: “This time, we're going all the way!” Imagine, an American president using the sexual slang of a 13 year-old to describe his foreign policy.

If you wanna know what happened in the Persian Gulf, just remember the names of the two men who were running that war: Dick Cheney and Colin Powell... somebody got ####ed in the ass!

[Shazam]

Let's hope the bounces go our way and perhaps the Flames can squeak into the playoffs.

[powderjunkie]

Originally Posted by Macindoc

I believe that the value of the new venue was baked into the 2021 valuation of the Flames, which is why it increased 42% YOY, the 5th most among NHL franchises. Without a new building, why would the value of the Flames increase more than most other franchises?

I'm pretty sure the Flames would not be valued at $680M today.

And the league is more concerned about long-term revenues than current revenues. With the current facilities, the Flames have the lowest potential revenue of any NHL franchise, and that discrepancy will only increase over time.

Franchise valuations are a total crapshoot, and ultimately boil down to what someone is willing to pay and what someone is willing to accept.

Penguins were valued in the $650-685M range for the last 4 years, but suddenly sold for $900M.

We know the Yotes went for around $300M in 2019.

Is Murray's sell number less than Meruelo's?

Originally Posted by DJones

#1 Seems like an easy yes to me. The 200M is a third of the cost of a new arena. So again, Houston

#2 Never got the impression that Melynk wants to sell, everyone would probably be overjoyed haha

#3 Going forward without a new stadium, our revenues are not great. If someone was buying the team I'd wager they think they can be better than average long term.

Houston's arena is already 20 years old and it's Fertita or bust there. Do we think Meruelo is turning down $475 but Murray says yes to $480?

And the league has plenty of say in managing who can/can't join their exclusive club (and also who they might prefer to move on from, ie. the clown shows in ARI and Melnyk).

[topfiverecords]

Originally Posted by Senator Clay Davis

Calgary would be a relocation candidate. And honestly relocation might just best for the city to maybe, finally, get decent ownership.

Who dat? Brett Wilson & Theo Fleury?

[Shazam]

Originally Posted by topfiverecords

Who dat? Brett Wilson & Theo Fleury?

They launch t-shirts with sexy selfies of Brett Wilson on the front?

[Wormius]

Originally Posted by topfiverecords

Who dat? Brett Wilson & Theo Fleury?

I just puked in my mouth.

[Cecil Terwilliger]

I stayed in Brett Wilson’s condo once. He left copies of his book everywhere. What a dbag that guy is.

[Torture]

Originally Posted by Cecil Terwilliger

I stayed in Brett Wilson’s condo once. He left copies of his book everywhere. What a dbag that guy is.

I tried to read Brett Wilson's book once before I realized he was such a dbag and I couldn't make it through. "I know all these amazing people and I am the greatest" is pretty much the TLDR of the book.

[Gemnoble]

Originally Posted by topfiverecords

Who dat? Brett Wilson & Theo Fleury?

This Rajen Ruperall fella just indicated he'd be willing to be part owner.

[Shazam]

Originally Posted by Cecil Terwilliger

I stayed in Brett Wilson’s condo once. He left copies of his book everywhere. What a dbag that guy is.

So, plenty of toilet paper?

[I-Hate-Hulse]

Originally Posted by Bunk

She had nothing to do with it. It was discussed with Administration and happened prior to her even being elected Mayor. And as Cllr Dhaliwall and Cllr Wong stated in the press conference, the Approval Authority, Calgary Planning Commission heard the application Nov 18, and no concerns were raised, and the applicant were supportive, even "boasting" about those climate mitigation conditions. Again, even if they had buyers remorse post approval, they could have appealed.

Even Further, The Mayor has offered, and offered again to seek provincial and federal funding to cover those costs. The structure of the condition enables that to happen.

So watching the full CSEC press conference, there was a question from Meghan Potkins (Postmedia) regarding this November 18 meeting. A paraphrase of the response was "CPC is a forum for development approvals matters, not for who is responsible for those costs. This would not have been discussed at that meeting."

Which to be fair, is correct. Who pays what is a commercial matter, of which CPC has no relevance to. Still, people on both sides should have seen these costs coming at that point....

[SebC]

Originally Posted by N-E-B

Is this guy legitimate or just trying to score some cheap Twitter likes?

It's a moot point, because it doesn't actually solve the problem - the team is already expecting to sell the naming rights, so "money for naming rights" is priced into their decision already.

(Sidenote: according to this Scotiabank has naming rights for the Saddledome for $1M/year until 2030. If that transfers to the new building the Flames may not even have naming rights available to sell.)

[MonaTone]

Originally Posted by SebC

It's a moot point, because it doesn't actually solve the problem - the team is already expecting to sell the naming rights, so "money for naming rights" is priced into their decision already.

(Sidenote: according to this Scotiabank has naming rights for the Saddledome for $1M/year until 2030. If that transfers to the new building the Flames may not even have naming rights available to sell.)

Maybe they can sell the naming rights to the four streets surrounding the building.

Comfort King Blvd.
Cool Foam Slumber Street.
Serta Snore No More Ave.
Memory Foam Lane.

[carmenshoes]

Good, no more welfare handouts for corporate bums and their hobbies.

It's time these losers learn to start paying their own way, carry their own weight, and stop relying on charity from the average Calgarian.

[Locke]

Originally Posted by MonaTone

Maybe they can sell the naming rights to the four streets surrounding the building.

Comfort King Blvd.
Cool Foam Slumber Street.
Serta Snore No More Ave.
Memory Foam Lane.

They should just name it 'The Bio-Dome' and insist that its Eco-Friendly name makes it Net-Zero all by itself.

Its far more effective than just changing your Facebook profile photo, and awareness is what counts right?

[DiracSpike]

Hell yeah! Let's lose the team, AND be stuck with an old arena! That'll show 'em. Not sure exactly who "them" is, but whoever they are, they'll be shown! And every time we enter a crumbling saddledome to see a junior hockey team play we'll be secure in the knowledge that we did our part for global warming. Let Edmonton have frivolous things like concerts, world juniors, an NHL team, we're too smart and self satisfied to need those in Calgary! Whoever built Rogers Arena probably didn't even add solar panels to it, for shame.

[Jordan!]

Originally Posted by DiracSpike

Hell yeah! Let's lose the team, AND be stuck with an old arena! That'll show 'em. Not sure exactly who "them" is, but whoever they are, they'll be shown! And every time we enter a crumbling saddledome to see a junior hockey team play we'll be secure in the knowledge that we did our part for global warming. Let Edmonton have frivolous things like concerts, world juniors, an NHL team, we're too smart and self satisfied to need those in Calgary! Whoever built Rogers Arena probably didn't even add solar panels to it, for shame.

I'm sure the cost of solar panels aren't the reason for this

[Reggie Dunlop]

Originally Posted by DiracSpike

Hell yeah! Let's lose the team, AND be stuck with an old arena! That'll show 'em. Not sure exactly who "them" is, but whoever they are, they'll be shown! And every time we enter a crumbling saddledome to see a junior hockey team play we'll be secure in the knowledge that we did our part for global warming. Let Edmonton have frivolous things like concerts, world juniors, an NHL team, we're too smart and self satisfied to need those in Calgary! Whoever built Rogers Arena probably didn't even add solar panels to it, for shame.

The Calgary Heat can always play the Abbotsford Canucks.

[Yoho]

Originally Posted by Jordan!

I'm sure the cost of solar panels aren't the reason for this

Now read the post again and see if that was the point of it.

[Wormius]

Originally Posted by DiracSpike

Hell yeah! Let's lose the team, AND be stuck with an old arena! That'll show 'em. Not sure exactly who "them" is, but whoever they are, they'll be shown! And every time we enter a crumbling saddledome to see a junior hockey team play we'll be secure in the knowledge that we did our part for global warming. Let Edmonton have frivolous things like concerts, world juniors, an NHL team, we're too smart and self satisfied to need those in Calgary! Whoever built Rogers Arena probably didn't even add solar panels to it, for shame.

Who put in the money to build Rogers Arena, in the second most expensive city in Canada?