Cavs "Quietly" Sought County Funds For Arena Bettman: Flames Need New Arena Marquette, Bucks Partner On Athletics Center Gillette Stadium Adds Cross Insurance Pavilion AHL Forms Five-Team Pacific Division NASCAR HOF Sponsors Revenue Plummets Rogers Wins World Cup Of Hockey TV Rights Glendale On Pace To Lose $8.8M On Arena Deal OU Prez Says Stadium Upgrades Not Delayed Indy Eleven Unveil Stadium Renderings
Upcoming Conferences and Events
SBD/April 23, 2012/Facilities
Developers Unveil Financing Plan For $325M, 20,000-Seat Markham Hockey Arena
Published April 23, 2012
PATIENCE IS A VIRTURE: In Toronto, Josh Tapper noted stakeholders "remained cagey" on whether a Markham arena will be the "future home of an NHL franchise, a move some speculate is only a matter of time." Roustan said, "There’s going to be absolutely no active work to get any professional sports franchise to call the facility their home. Now, that doesn’t mean to say I don’t look at opportunities to come my way” (TORONTO STAR, 4/21). Also in Toronto, Dave Perkins wrote, "These guys have watched and learned." They saw former Research In Motion co-Chair Jim Balsillie’s "full-contact attempts to bull his way into a league that obviously didn’t want him." They saw how "quietly Winnipeg got its ducks in a row before being rewarded," and they "see Quebec City doing the same thing." They know teams in certain U.S. cities "will continue to founder and they know this market would embrace a second team with the same regard it holds for, say, oxygen." Perkins: "You know Bratty and Roustan’s group has money. Once they have the playpen, what else will stop them, if they go about it the right way? If you’re a fan of a second team at a privately built arena hard by a GO Train station 25 minutes from downtown Toronto, just sit back and listen. The silence will tell you if it’s coming" (TORONTO STAR, 4/22).