As some will know, the Ottawa Senators owner has been pushing for a new arena combined with development deal in that city also. To do this, he partnered with Trinity Development. Like the Flames west village proposal, the Senators proposal includes massive development opportunities for the owner, with the full project being to the tune of $4B. Well, pretty touch dealing with NHL owners, it appears. Melnyk, the Senator's owner, is suing his development partner Ruddy for $700M. His development partner Ruddy, is suing Melnyk for $1B.
https://ottawacitizen.com/business/local...r-eugene-melnyk-and-developer-john-ruddy
Quote:
|
Ruddy asserts, “Melnyk’s true aim is to have the City of Ottawa and Trinity fund and build the $500 million U.S. ($675 million Cdn.) event centre for the Ottawa Senators hockey, with the Senators getting 30 years free rent."
|
Interestingly, like Murray Edwards, who doesn't live in Calgary and pay tax here, the Senators' sole owner Melnyk has moved to Barbados. As another point of connection, Libin, one of the minor Flames' owners, sold the International Hotel to Melnyk not too long ago. Same sandbox I guess.