New Arena Thread: Rogers Place? Yawn...
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05-15-2013, 10:02 AM
Now with 9% more zen
Join Date: Apr 2005
Location: Hockey Hell
Originally Posted by
Yup was going to point out the same thing. Ticket tax is a Katz expense.
Apparently needs stating but people will pay more to enter a much better facility. A facility Katz essentially did not pay for. How does it logically follow that Katz is the one being squeezed here on ticket tax on a rink he doesn't own, and which he contributes little to?
Katz gets all ticket price revenues for every event. Throughout the saga one of the few rights the city has held onto is being able to use a ticket tax as a revenue stream to pay back part of their massive investment. I don't think it unreasonable that the city should have this avenue to partially reimburse their expenditure.
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