There are three camps on this question. There are those who believe the Oilers are priceless, and would pay anything. There are those who believe pro sports are worthless to Edmonton and/or who really don’t want to see any investment downtown; and consequently don’t want to see any city dollars whatsoever going into a new arena (and might or might not support putting money into the existing arena, which will need some work eventually).
Then there’s the rest of us: open to the idea of a new arena downtown, aware that it could spark new investment, but not too happy about how the negotiations have played out and concerned that the City is being asked to put a lot on the line to make it happen. (more…)