The Calgary Flames want a new hockey arena. And the team may ask the taxpayers to foot a large portion of the bill.
According to the Calgary Herald, the team unveiled plans for an $890 million hockey arena and events center as well as a football stadium west of downtown. Apparently it was not a formal launch of the project but a chance to show possible plans for the future.
Here’s the issue:
The $890-million budget would be paid from four sources — a $240-million community revitalization levy, a $250-million ticket tax, $200 million from the city to fund the fieldhouse, and a $200-million contribution from the Calgary Sports and Entertainment Corporation, the Flames’ ownership group.
If my math is correct, that means the Flames will pay about 22 percent of the cost, which would no doubt make taxpayers grumpy and lead to legal wrangling. Also at issue is the site itself, which reportedly is contaminated from a creosote plant. Cost of cleanup could be $50 million to $300 million. The estimated bill for the project doesn't include this.
The Oilers arena deal for Rogers Place is as follows:
The Edmonton Oilers received municipal funding to build its new arena, Rogers Place. Under the agreement with the City of Edmonton, the Oilers are to pay $130 million to finance the construction of Rogers Place, with the city covering $200 million and the province expected to kick in $25 million. An additional $125 million would be generated through a ticket tax.
So that’s $130 million of a planned $480 million, which comes out to about 27 percent, which isn’t much better.
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The Scotiabank Saddledome, where the Flames currently play, is the fourth-oldest arena in the NHL, opened in 1983. It will soon be the second-oldest after Detroit’s and Edmonton’s new arenas are completed.
It’s definitely a bit of a dinosaur, lacking a lot of newer amenities that arenas built post 90s expansion have. The NHL is predictably backing the Flames.
“The Calgary Flames are an exemplary member of the National Hockey League and the NHL is excited to learn that Calgary is taking the next step toward the introduction of a state-of-the-art, multi-purpose facility for its community and professional sports teams,” commissioner Gary Bettman said in a statement. “While this is an extremely important initiative for the team, it is even more important for Calgary's fans and community.”
The oldest building is Madison Square Garden, which recently underwent a $1 billion renovation, so it’s hard to count the World’s Most Famous Arena as geriatric.
The Herald also looked at Canadian major sports complexes built with public funds. This seems to be somewhat of a newer fad, the only current NHL arena on the list being MTS Centre in Winnipeg.
Though public funds were used with Edmonton’s new arena and the building in Quebec City that could one day house an NHL team … unless Seattle decides to get its act together.
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Josh Cooper is an editor for Puck Daddy on Yahoo Sports. Have a tip? Email him at puckdaddyblog@yahoo.com or follow him on Twitter! Follow @joshuacooper
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