Blackhawks Building New Practice Facility Jax Mayor Wants Financial Assurance For Shipyards Bettman Addresses Expansion, League's Strength TCU Basketball To Play In Schollmaier Arena Alameda County Wants Out Of Coliseum Deal Bridgestone, NHL Renew Sponsor Deal Bucks Turn To County For Arena Land Deal Atlanta MLS Club Nears Deal For DeKalb HQ Facility Notes San Diego Pitches Chargers Plan To NFL
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).