Quote:
Originally Posted by worraps
It would only be a charity if the benevolent billionaire decided to eat the losses (long-term) for you.
At a cost of $5-$15 a year in additional property taxes less the external benefit of injecting some life into the downtown? I doubt most Edmontonians share your view or at least they wouldn't share your view after living without an NHL team for a few years.
If I am wrong about that and people aren't willing to pay any additional taxes to keep the Oilers in Edmonton, we shouldn't have an NHL team.
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Imaginary hypothetical losses?
The guy is making money with a last place team in an old building in a small market and no playoff revenue.
The only benevolence in this scenario is being put forth by the taxpayer.