Markham Arena II
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10-07-2012, 01:57 PM
Join Date: Feb 2010
Originally Posted by
600 million for relocation 700 million for expansion
Copps Coliseum can & will be renovated for around 150 million & Copps could last addtional 40 years .
.... JM, theres absolutely no way the NHL could possibly charge $600M/$700M in Relo/Expansion Fee's say from Long Island or Phoenix to Markham or Hamilton. Im assuming your assuming a portion of those fee's would be paid to MLSE & the Sabres in indemnification fee's? In the case of Phoenix, youd be dropping minimum $170M on the team itself which when combined with a Relo Fee would push the price up to nearly $800M plus the costs of an arena, surrounding development, or in Copps case a $200M reno & retro-fit. A billion dollars before the pucks even dropped. That my friend is right over the top.
I'd hazard to guess the league could get $325M-$350M in Expansion Fee's including indemnification. On a Relocation, perhaps as much as $250M with a portion of those fee's going to pay indemnification to MLSE & Buffalo. As Bell/Rogers are interested in "content", creative ways around actually having to pay full indemnification could be found, whereby the owner in Hamilton or Markham could award local broadcast rights to either Bell or Rogers for the first 3-5yrs at a discounted rate or even gratis in lieu of making the indemnification payment at all. Expansion rather than Relocation would be the preferred methodology, as those funds would arrive unencumbered, free money for all 30 teams, and Id strike while the irons hot, awarding Expansion Teams to Markham and Hamilton. Quebec & Seattle receiving Relocation Candidates.
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