Would Calgary arena financing deal fly here?
The rest is to be covered by the Calgary Sports and Entertainment Group — the entity that owns the Flames — beginning with a $40 million up front payment. The remainder is to be paid in instalments over the next 35 years.
Edmonton, it should be noted, did not receive direct provincial support in the construction of Rogers Place, which opened in 2016. Even without Ryan Reynolds or any other owner in place yet, Bettman has already done his part to negotiate for government concessions. “As we indicated after our first meeting with Gary Bettman, there is room in the , some flexibility and everyone understands that,” Nussbaum said.
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