Quote:
Originally Posted by ggopher
Bettman is not helping Calgary's case for a new area. No one trusts him.
Fact is the Flames are currently very profitable. With a new arena they could be even more profitable. There is no way in the world they would move anywhere else. The current arena is adequate. Therefore they can pay for a new arena themselves.
Edmonton was a very different scenario. The arena was older, and the downtown was in need of investment.
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I think this is the roadblock that CSEG is up against. It's hard for Bettman to play the "you'll lose your team" card, because as soon as the Flames leave Calgary, another team would swoop right in. Calgary is a very strong hockey market, and as you mentioned profitable even with the current arena, and everyone knows it.
And unlike what we see in the US with the super-fragmented municipalities getting played off one another by sports team owners, I don't think Airdrie, Cochrane or Okotoks are going to try to steal away the Flames by building a rink of their own. Even if they wanted to I'm not sure that they could pony up north of half a billion dollars to do that.
So that just leaves CSEG and the City of Calgary.