If the NHL comes back, there has to be a big expansion.
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01-02-2013, 12:49 AM
Join Date: Aug 2004
Originally Posted by
Who's going to pay for Columbus to break the new lease that runs through 2039, while also finding a way to make whole the local government that just bought Nationwide Arena in a deal that was conditional upon the lease anyway?
That'd run a good $250 million right there...that's not even including the cost of the team or any of the other residual costs. It'd run a good $500 million or more to just pack up Columbus and move them.
Please refer to this article:
"Now, itís worth noting that thereís a way for the Jackets to skip town before 2039 ó they just have pay $39 million in damages. And while $39 million isnít peanuts, if Columbus keeps hemorrhaging money, it might become a price worth paying to move to a more profitable market."
Your $250m figure is the 'estimated' operating costs of the arena up to 2039 which isnt a number that should be used.
This is the 2nd time that within 2 minutes someone's 'analysis' can easily be proven incorrect with basic research.
In the future, can posters please backup their 'numbers' with actual facts?
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