The Official Arena Thread Part 6
View Single Post
11-30-2012, 12:30 AM
Join Date: Mar 2007
Originally Posted by
If what's happened with the Coyotes has shown us anything it's that those long term commitments arent worth a whole lot. The City of Glendale had a long term agreement with the Coyotes but when the economics didnt end up working out and the owner declared bankruptcy they were at risk of losing the team. Now they end up paying through the nose to keep the team despite the fact they already had a long term agreement. I'm fine without any 35 year "guarantee".
However, the NHL is moving Heaven and Earth to avoid breaking that covenant.
It may not be smart money, but the League is sticking by a City that built the sort of building they wanted.
The lesson is clear. No building (NYI) or no owners who want it (Atlanta) and your team can be gone.
Edmonton is risking going 0'fer.
View Public Profile
Find More Posts by nye