I agree, SaskTel Centre (SaskPlace) doesn't warrant replacement just yet, it's half life has only just been reached, renos to both concourse levels plus adding luxury boxes from the current 51 to the full 78 spots available would help for sporting events, even though luxury boxes for concerts generally don't add any extra revenue, for example, LA Forum doesn't have much for boxes but still is on the major concert circuits for many of LA's arena performances.
https://en.wikipedia.org/wiki/List_o...s_at_The_Forum
The biggest reason Saskatoon wants to build a new arena is because of it's location, 10km away from CBD is considered too far from downtown businesses such as restaurants & pubs/bars/clubs meaning lost revenue. Having a new arena downtown won't generally attract anymore events to the city than what SaskTel Centre already gets, but having an arena downtown will have spin-off revenue/taxes that the city doesn't want to loose out on any more.
Interestingly enough, the entertainment district in downtown Saskatoon centred along 21st street is busier at night with more traffic & difficulty finding parking, particularly on weekends, than it is during 9 to 5 business hours during the day.
Announced yesterday, SaskTel Centre is bidding on the Juno Awards for 2020. The Centre last held the awards in 2007.
https://globalnews.ca/news/4717277/2...nos-saskatoon/