Quote:
Originally Posted by count0
All the less reason for the government to be involved. Flames are profitable enough to do this without government support.
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I'm not really sure this is the case, but it is really hard to tell. I doubt they are generating enough free cash flow to pay for an arena without raising ticket prices, especially if the Saddledome stayed around.
200 events a year over 30 years to pay maybe $600 million (with very favourable interest, $1 billion). Around $10 a seat as a capital charge gets it done, if you can sell more than 16k tickets to every event.
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