Quote:
Originally Posted by JHikka
The failed Calgary 2026 bid didn't even propose a new stadium, did it? IIRC they were going to use McMahon for opening and closing. Surely the ROI on an arena outweighs that of a stadium of that size.
|
Without a doubt.
A new football stadium is about the most underutilized, costly piece of infrastructure one can think of simply due to the capacity needed for football games.
There's about 10 football games per season and a rare number of concerts that require that capacity. You might get an Olympics or Pan Am games every couple of generations. Since multipurpose stadiums are no longer a thing, they don't really even lend themselves to baseball.
If it's an open roof stadium, you lose a third to a half the year in Canada.
An arena can be used year round. If you have an NHL franchise, you're looking at ~40 games per season. If you manage to get an NBA franchise, there's another 40 games. You can fill our the remaining dates for concerts and events year round. There's a reason why arenas in big cities were privately built.