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09-19-2012, 10:47 AM
I taught Yoda
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Join Date: Oct 2005
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Originally Posted by AtlantaWhaler View Post
Yeah...the article is very misleading, which is why I had to pull out some of those quotes. It constantly refers to the team receiving the subsidies which is not true.

As a side note, Edmonton is trying to get similar subsidies for their proposed new arena too.
The lease does refer to the payments made for arena operations as "subsidies" ... but it defines their purpose as well. They are intended to cover the city's portion of operating the city owned building and are capped under the current lease structure. Cass and co at the fishwrap are deliberately foolish to keep people reading.

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