Edmonton rejects Oiler [Arena] bid for more taxpayer dollars
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09-20-2012, 11:54 AM
Wet roads cause rain
Join Date: Oct 2011
Ok, here's my plan:
Edmonton pays me to build an arena/office complex/unicorn petting zoo. I'll put up some money of course - btw: can I borrow that money I'm putting up from the City of Edmonton? Cool! Thanks!
The city should also pay me a couple of million a year for advertising "Edmonton" (and hey, just 'cause I like you, I'll include "Edmonton" in the NHL franchise name - Edmonton Oilers...good? Good!). I'm sure the unicorn petting zoo will draw lots of visitors and really clean up downtown, too.
Oh, and I'll also need some extra money to cover operating expenses on my free arena...you know what Zamboni drivers are making these days? How does $6 million/year sound? Coincidentally, that should more than cover my annual loan payment to the city ($5.5 million/year)!
Also, that office complex? Gonna need tenants - wait a minute! How about you move city administration in there and pay me rent?
There are a few other minor details...casino revenues, tax collected on events at Northlands after the new arena's built (and paid to me), etc.
And if you don't like this deal, I'm moving the team to Hamilton. Maybe they'll appreciate the charms of a perennially terrible NHL lottery pick franchise!
Smackdaddy, I assume you're totally down with this plan?
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