NHL Players Won't Compromise For Olympics Rays' Ballpark Site Search Still Complicated Braves Will Help Fans With SunTrust Traffic Raiders' Vegas Stadium Financing Remains Complicated Sacramento, Kings To Refinance '97 Arena Loan Facility Notes Proposal Made To Lift Crandon Park Restrictions UNLV Faces Challenges In Sharing Raiders Venue MSG Partners Get Digital Play At NCAA Regionals MLL Bayhawks Want 10,000-Seat Facility
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).