the admiral

NHL Anti-Thread: Bad Business Decision Aggregator

Recommended Posts

20 hours ago, the admiral said:

 

Well, when it comes to guys who own homes in New York, South Florida, and a private island, the NHL could do significantly worse.

 

 

 

Share this post


Link to post
Share on other sites

So Calgary city council approved the proposed new arena deal yesterday. On the surface, it looks decent as far as arena deals go -- 50% of the money from the City, 50% from the Flames, total of $550 million -- but the optics are TERRIBLE. Yes, this has been an ongoing process for a while now, but the first that was heard of the new deal was only a week ago, and it has already been rammed through council. And then, in that week, council also had to find $60 million in services to cut from the municipal budget. I mean, sometimes the timing isn't perfect and you have to take a good deal when you can get it, but yeeeeeeesh.

 

Anyway, construction expected to begin in 2021.

Share this post


Link to post
Share on other sites

"A good deal" would have been to tell the jagoff who left the country as a tax dodge to build his own damn rink with his own damn money, instead of handing him a minimum of $275 million of actual taxpayers' money. It's not like he was actually going to move the team. He couldn't even bother to put up the front of attending a Texans game with Miikka Kiprusoff or something.

Share this post


Link to post
Share on other sites

Very Good and Extremely Solvent NHL Owner Eugene Melnyk is getting sued, because he's $900K in debt to an Indian casino.

 

https://www.theday.com/article/20190912/BIZ02/190919771

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.