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11-03-2012, 11:46 AM
  #154
Mr Forever
The Oilers :(
 
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Quote:
Originally Posted by I am the Liquor View Post
Katz wanted another 200mill in subsidies. So ya, in effect they were going to have to build it on their own under the old agreement. At least this way they get to use the non-hockey revenue to pay for either the operational expenses or to help cover the capital costs.
This. Even though the city will need to grab some money from Edmontonians now, they'll make it up through events held at the new arena. If Katz had built it, the city would be getting dick all except for potential in the market.

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