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

[mile]

https://twitter.com/user/status/1473718708401053713

https://twitter.com/user/status/1473718710825271299

[dissentowner]

Originally Posted by nik-

Literally nothing you wrote here indicates a team being central to civic pride. Should have just saved your time.

Just another person who doesn't live here telling us why we like our city

Kinda like a poster who could actually care less about the hockey team telling us fans why the local tax dollars should not be used to support a new arena.

[nik-]

Originally Posted by mile

https://twitter.com/user/status/1473718708401053713

https://twitter.com/user/status/1473718710825271299

I'm curious as to what his net worth is. He didn't sell the mattress company for that much. A lot of money, but not team owner money. He was an early investor in some pretty big companies, but I'd be floored if he was even at a billion, which is really where you should comfortably be to even consider buying a team.

[Wormius]

Originally Posted by the_only_turek_fan

For the record I love public infrastructure. I don’t think the government does enough of it.

Maybe I am mistaken then, I seem to recall a certain annoyance for how your property taxes were being used.

[nik-]

Originally Posted by dissentowner

Kinda like a poster who could actually care less about the hockey team telling us fans why the local tax dollars should not be used to support a new arena.

SW Ontario.

[Lanny_McDonald]

Originally Posted by nik-

Literally nothing you wrote here indicates a team being central to civic pride. Should have just saved your time.

Just another person who doesn't live here telling us why we like our city

Well, do tell. Do tell. What is central to civic pride? What makes Calgary so much different from other cities that makes the heart of all Calgarians swell to five times larger beyond the tribalism associated with competition?

[edslunch]

Can't they just scale back the arena somehow? would a $500m arena be a disaster? Obviously it would mean going back to the drawing board, not just cheaping out on the current design, but surely the scope could be reduced somehow, no?

[burn_this_city]

The owners group made their fortunes exploiting this province's natural resources. I have a hard time feeling terribly sorry if they have to kick in some extra money that will likely increase the value of their franchise long term.

The entire thing comes down to this, they agreed to take the cost overruns, the market shifted and now their $300MM or so is at risk of becoming $400-500MM. This is about trying to force the city back to the negotiating table to split what they originally agreed to shoulder.

[dissentowner]

Originally Posted by nik-

SW Ontario.

Yet a Flames fan. You: Calgary but not a Flames fan, a pot stirrer on a public forum.

[Wormius]

Originally Posted by flamesfan6

How about all those that are in favour of the city putting money into the deal, how about this instead:

The flames put a GoFundMe or Kickstarter to build their arena and put their funding goal as $300 million, and once that is reached they can start the building.

this way:
- You get to fund the building/billionaires with your money, like you want to (and if you are renting/living with parents/not paying property taxes you actually contribute)

- Taxpayers who do not support the deal don't have to have their money go into it

what do you get: a sticker that says you donated to the building (hey, it's more than you get when the city pays for it)

… or the CSEC could get a loan and pay it back with money from ticket sales and tv deals.

[nik-]

Originally Posted by dissentowner

Yet a Flames fan. You: Calgary but not a Flames fan, a pot stirrer on a public forum.

I am a Flames fan. You don't have to consider every decision a team makes to be good to be a fan. You also don't have to want to continue the awful decisions made my too many municipalities by using tax dollars to increase the asset value of private enterprise. That's a lemming, not a fan.

I'm sure I'm very regretful that I don't come across as enough of a fan for you though.

[NiklasSundblad]

Originally Posted by Envitro

, yet when we're talking about building a new publicly-owned event center facility that will be used for many things other than just hockey games, and is 50% funded by a private enterprise then I guess we're not having the same conversation then.

Publicly owned but privately profited from. Would you be willing to pay for half of a Ferrari, that only i get to drive, but will also charge you money for the privilege of watching me drive it? You would get to tell people you own a Ferrari after all.

Sent from my IN2023 using Tapatalk

[taffeyb]

Originally Posted by Senator Clay Davis

Seattle will get another team when they do their next round of expansion, it's virtually a given. The NBA hasn't had any relocation candidates, or rich Seattle owners looking to pull a Clay Bennett (the Clippers were the only possibility, and Balmer prefers living in SoCal obviously). Also, speaking of Bennett, the city of Seattle could have given him a free arena with the most ridiculous perks and he still would have moved. His intentions were never to keep the team in Seattle.

We could never afford the expansion fees of $650 MM USD plus a new arena. If we lose the Flames, it would cost north of $1.2 B CAD. Have to pull a Winnipeg… Calgary Coyotes…?

[burn_this_city]

Originally Posted by nik-

I'm curious as to what his net worth is. He didn't sell the mattress company for that much. A lot of money, but not team owner money. He was an early investor in some pretty big companies, but I'd be floored if he was even at a billion, which is really where you should comfortably be to even consider buying a team.

Wonder if him and couple Calgary tech bros like Garrett Camp couldn't take a run at buying the team.

[StickMan]

After reading their statement, it seems like the CSEC was kind of looking for an out as the costs kept increasing and were likely going to keep increasing, and Gondek kind of handed them that. The question is, what was Gondek's intent here? Was she just looking for her name in yet another headline and it went terribly wrong? Or was ending the arena deal her intended result?

[Senator Clay Davis]

Originally Posted by taffeyb

We could never afford the expansion fees of $650 MM USD plus a new arena. If we lose the Flames, it would cost north of $1.2 B CAD. Have to pull a Winnipeg… Calgary Coyotes…?

Good news that the Flames are going nowhere and this is a negotiation tactic then eh?

[dissentowner]

Originally Posted by nik-

I am a Flames fan. You don't have to consider every decision a team makes to be good to be a fan. You also don't have to want to continue the awful decisions made my too many municipalities by using tax dollars to increase the asset value of private enterprise. That's a lemming, not a fan.

I'm sure I'm very regretful that I don't come across as enough of a fan for you though.

Tell me, what in your post history remotely shows you as a Flames fan. I see a poster that only posts when they can shake up the nest about something or trying to bait someone. Yes, you are a Flames fan yet you want to see the team move, makes perfect sense. I think the board has seen your posts long enough to know what you are about.

[the_only_turek_fan]

Originally Posted by nik-

I'm curious as to what his net worth is. He didn't sell the mattress company for that much. A lot of money, but not team owner money. He was an early investor in some pretty big companies, but I'd be floored if he was even at a billion, which is really where you should comfortably be to even consider buying a team.

I know this guy. He is riiiiiiiich. Not sure if he can buy a team but his family has a ton of money.

[GirlySports]

Originally Posted by the_only_turek_fan

The one thing I would love to put some thought into one day is why conservatives (myself included) are ok with public money going to sports arenas.

Seems like an interesting research idea.

Conservatives believe in trickle down economics. They consider this public money as an investment for tourism and business, bars, hotels etc., called economic impact. I myself have taken out of town clients to Flames games, often their first hockey game in person.

In the US conservative states such as Texas, Florida and Georgia have huge arena and convention center budgets.

Here Is the Texas Rangers 50-50 "sweetheart" deal

https://www.google.com/amp/s/amp.usa...m/amp/92357198

[Wormius]

Originally Posted by dissentowner

Yet a Flames fan. You: Calgary but not a Flames fan, a pot stirrer on a public forum.

What skin do you have in this game? The difference to you is just the city’s name on the jersey if they relocate.

Should we be telling people in Hamilton or Quebec that they should bend over to get an NHL team?