Team is better off in Seattle

fuck the lames

As others have said, Edmonton taxpayers invested in a new arena and there has been some returns thus far with increased economic growth generated by the arena, which has trickled into surrounding areas.

I attended a concert in Edmonton last summer at the old arena.... All I can say is they needed that arena desperately.

I am optimistic the taxpayers will be happy with their investment when all is said and done.

Calgary can be successful too in my opinion.

I am strongly against corporate handouts. Should the deal cost the taxpayers and be seen as yielding a negative return, pass on it.

Do the math, analyze returns, and make an educated decision. No need to be at the mercy of the flames organization..... As others have said they have handled this very poorly.

localized development is a horrible argument for subsidizing arenas. literally any other part of town can get a facelift and be more attractive for businesses and residents alike with hundreds of millions of dollars for free. in fact, if you're a resident concerned about affordability, pandering to major sports/arenas is the absolute worst because not only it's a huge taxpayer sinkhole but it will also bring in yuppies and tourists to make your rent go up and encourage your neighbors to airbnb their units.

Publicly funded arenas are a scam, that's all there is to it. Murray fucking Edwards, our majority owner, recently moved from Calgary to London so he could pay less tax. Now he wants to drain the city's coffers during a goddamn recession. The balls on that guy to even ask. They're like mafia dons, Bettman in town as well, just strutting around holding the team hostage.

We all watched how Edmonton's arena went down. Katz paraded Gretzky around Seattle, paid an illegal amount to Allison Redford's campaign, got exactly what he wanted in public funds, and those idiots up north still revere him after he raped their city.

Ken King can eat a dick. He's turning the city against the Flames. Believe me, nobody is buying their shit in this city. He's basically gifting the mayoral election to Nenshi, not that he needed it anyway.

Wot? SP you are sooo out of touch. It's remarkable.

You alone are one reason I would like them to relocate.

This post was edited by Subzer0isGG on Sep 13 2017 07:11pm

He robbed you to the tune of 300m of public funds, and you guys worship him because you see him and McDavid in the same conversation, as reasons for the Oilers rebirth. A couple goddamn lottery balls and now Katz is a hero, lelll.

This post was edited by StayPositive on Sep 13 2017 08:19pm

Great point brought forward in regards to gentrification. This is something that has been evident in Vancouver. It has displaced many out of their homes. I do not know the severity in Edmonton or the potential severity of that in Calgary.....

I agree with everyone that if it is not revenue neutral or revenue positive walk away. Like I said I do not believe in corporate handouts. the taxpayers investment has to yield a favorable return. If it does not, they should not get shit.

Whether or not this 300 million is a robbery is open for debate. In my opinion we will have to wait at least a decade to see if it paid off. Maybe it will, maybe it will not....

There are two, a 54 and 69 storey towers. Stantec tower are is already 90% leased and the 30 stories ontop are already bought out and not even halfway done construction. The Marriott hotel, which is attached to Rogers will be top class. Phase 1 of the ice district will be done by 2020. 2billion has been spent on infrastructure already. You say 300mill is ridiculous but fail to see what it has accomplished aswell downtown. You'll be hearing of this for years to come.

On the flip side. Calgary will have an opportunity to go through this same transformation. Eventually you will see the bigger picture.

This post was edited by Subzer0isGG on Sep 13 2017 08:50pm

It's not comparable. Your downtown was shit so they tried to add some life. We don't have that problem.

Il wager you've never been to Edmonton downtown.