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05-13-2013, 12:47 AM
  #961
RaabHart
Where's the Hart?
 
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Join Date: Oct 2007
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Quote:
Originally Posted by Billybaroo View Post
Where is his risk? Whats his downside? Where is there a better option?
None. None . None.
What other current owners in the league have paid for their own arena? What teams currently have free rent in the arenas? And there are options that could potentially be better then edmonton, it really disturbs me the attitude that edmontonians have that there's no place better for a hockey team then here. Especially when we're the most northern major professional sports team in North America. The risk comes when the economy totally tanks and people and business can no longer afford to go to hockey games here in edmonton, but Katz has to continue to pay huge salaries that were signed prior to a drop in the economy. If there were semi guaranteed contracts like the NFL I'm guessing Katz and NHL owners in general would need less support from the governments at all levels.

Edit: It should also be mentioned that TD is projecting that the loonie will drop to 90 cents this year. If it goes down any more then that we'd be a small market team again and wouldn't be able to pay to the cap with the current agreement.

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