The Official Arena Thread Part 6
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11-03-2012, 04:04 PM
Join Date: Nov 2006
Location: Vancouver Island
Originally Posted by
Nice try. Some of your responses about revenue not increasing appreciably in a new arena were in direct response to posts about the Katz arena.
My stance is this: I believe Katz is correct when he states that his requirement for an arena hinges on the revenue generated from sources other than straight ticket sales, ie the arena district. Real estate, office tower revenue, and public support are required in order for the Oilers to stay healthy moving into the next 35 years. And it's true, considering the growth of the NHL in the last 6 years. It's not unrealistic to suggest that the cap could rise to $100M+ over the next 10 years. And because cap is directly linked to player salary, you can expect the Oilers to have to pay close to that.
The new arena that could be built by the City would alleviate none of those concerns. Mark my words that we will be back in this same situation in the next 10 years and there will be no correcting it. And 3-4000 seats certainly won't change that.
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