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

[combustiblefuel]

Double post.

[combustiblefuel]

Originally Posted by Manhattanboy

What did Seattle council approve? A planning concept? A financing package?

Originally Posted by sureLoss

Looks like a complete overhaul of Key Arena

Chris Daniels‏Verified account @ChrisDaniels5
BREAKING: Seattle Mayor, OVG to announce tentative $660 MILLION private deal for new Arena at Seattle Center: @king5seattle


Chris Daniels‏Verified account @ChrisDaniels5
BREAKING: The MOU, as it is called, requires OVG to spend at least $40 MILLION on arena transportation, could approach $100m


Chris Daniels‏Verified account @ChrisDaniels5
BREAKING: OVG says, if their privately financed deal is approved by Council, it could open new Seattle Arena in 2020.

Originally Posted by sureLoss

Link to full story:

http://www.king5.com/news/local/aren...view/473972650

If only there was an original posts for this topic that was archived to be read in the future.

[Manhattanboy]

Originally Posted by combustiblefuel

If only there was an original post to this topic to go back and read .

Dude I quickly scanned the article but it was light on detail. It referred to approval of a renovation proposal. I had heard there was a financing element to the plan. I will go back and look again.

[Manhattanboy]

CF, I see, different article. Got it. Thanks.

[MrDJZak]

Originally Posted by Manhattanboy

Anyone else hear the rumour that the Shaw family may be interested in buying the Flames?

This would be amazing. Which Orange Julius guy did you hear this from?

But serious, where did you hear this?

[Jetfire]

By the user rookie-mistake on Reddit:

[combustiblefuel]

Originally Posted by Manhattanboy

Dude I quickly scanned the article but it was light on detail. It referred to approval of a renovation proposal. I had heard there was a financing element to the plan. I will go back and look again.

Basically OVG is responsible for the renovation and the area surrounding areas including 2 parking garages and at least 40 million for transportation around the area. The city is guaranteed 2.4 million annually and if the taxes dont cover that then OVG has pledged to make up the costs.

I was only ribbing ya not trying to be an ass. Just comes natural.

[Manhattanboy]

Originally Posted by MrDJZak

This would be amazing. Which Orange Julius guy did you hear this from?

But serious, where did you hear this?

Jugo Juice. From a friend with a slight connection to the team. But we all have slight connections, right? Probably just one of many stories out there. But if you were to compile a list of possible local interest, Shaws seem like a logical addition.

[shutout]

It helps in Seattle when you have two groups that want to build arenas in very different areas of town. From what I have read most people preferred the SODO option and there is a lot of complaining about city council getting paid off to approve this option.

[Deelow]

Bring on that Pearl Jam residency!

[Northendzone]

If they announce something in July, it likely means that the flames aren’t going anywhere anytime soon.

[CorbeauNoir]

Originally Posted by Northendzone

If they announce something in July, it likely means that the flames aren’t going anywhere anytime soon.

Houston

[Toonage]

Originally Posted by CorbeauNoir

Houston

Nah. In the most insensitive relocation ever Carolina moves there becoming the Houston Hurricanes.

[CorbeauNoir]

Originally Posted by Toonage

Nah. In the most insensitive relocation ever Carolina moves there becoming the Houston Hurricanes.

The entire point of shafting QC in the expansion bid was to have them as a soft relocation spot in the east. If the Hurricanes move they're not going cross-conference.

[Jay Random]

Originally Posted by CorbeauNoir

The entire point of shafting QC in the expansion bid was to have them as a soft relocation spot in the east. If the Hurricanes move they're not going cross-conference.

Quebec wasn't shafted. Nobody in town was willing to put up $500 million.

[ForeverFlameFan]

Didn't bother reading through all of the other pages, but does this mean that AZ might have to move to the Central division?

[Parallex]

Originally Posted by Jay Random

Quebec wasn't shafted. Nobody in town was willing to put up $500 million.

... IIRC Quebecor was.

[Parallex]

Originally Posted by ForeverFlameFan

Didn't bother reading through all of the other pages, but does this mean that AZ might have to move to the Central division?

Well... unless they can move to Seattle. But yes... assuming expansion they'd be the most logical team to swap divisions. They're not going to separate Calgary and Edmonton nor are they gonna put a team on West Coast time in the Central.

[Lil Pedro]

Either LV or ARZ moves to the Central, but if Seattle gets an expansion team by 2020-21 I would assume that Arizona would be relocated to Houston by then (who would be in the central division).

Exciting times for the NHL. I wonder whose in and whose out by that time:

SEA via expansion and 32nd team.
ARZ to HOU via relocation and remains in the west (division swap)
CAR and/or FLA to Quebec City and/or KC via relocation and stays in the East (metro division for KC maybe?)

Regardless, the current NHL owners are going to be a ton of money via expansion and relocation fees in the next 5-10 years.

[mikephoen]

Originally Posted by Parallex

... IIRC Quebecor was.

Reading between the lines, I think they talked a big game, until it was time to actually write a check for 500M. I could be wrong though.