Hurricanes' Karmanos Elected To Hockey HOF Charlotte Considers MLS Stadium Plan NHL Players Reach Deal With Tenn. Jock Tax Fresno State Plans Renovations For Stadium IU AD: Assembly Hall Project On Track Facility Notes Red Wings Form "Deconstructed Arena" Concept McDavid Offers Oilers Hope For Turnaround Several Venues Considered For Temporary NFL Stay Sabres Fans Celebrate Drafting Jack Eichel
SBD/Issue 16/Facilities & Venues
Edmonton Investors Group Planning On New Arena For Oilers
Published October 3, 2005
|Oilers Owners Planning For
New Arena In Near Future
LOCKOUT COSTLY: In Edmonton, Joanne Ireland wrote that the Oilers expect the “lost season will have cost” EIG C$9M. Corporate sales are down 40% an additional C$2M shortfall “largely because the lockout ended after the fall media buy.” While the team added 1,000 new season-ticket holders, as many as 400 former season-ticket holders elected not to renew their packages. Oilers President & CEO Patrick LaForge said, “We’ll recover eventually our commercial shortcomings, but the lockout has a hangover that goes with it. And in my mind, it’s got to be six months. At least” (EDMONTON JOURNAL, 10/2).