Found September 24, 2012 on
With plans for a new arena in doubt, the Edmonton Oilers say they are considering other potential new homes for the team.
Oilers owner Daryl Katz, team president Patrick LaForge and Kevin Lowe, president of hockey operations, are in Seattle for meetings about a possible relocation to the city.
The Oilers said in a statement that while they hope to reach a deal with Edmonton on a new arena, the team is also listening to proposals from a number of potential NHL markets.
The Seattle City Council approved hedge-fund manager Chris Hansen's plan for a $490 million arena Monday that both sides hope will host an NBA and NHL team in the future.
The Oilers and the City of Edmonton had agreed on plans for a proposed $475 million arena that would begin construction early next year.
But the arena and the Oilers' future in the city were thrown into doubt earlier this month when the team told the Edmonton city council it wanted millions of dollars in new concessions from taxpayers.
BEST OF MAXIM
from David Staples of The Cult of Hockey,
Two big developments on the downtown arena file today, with Edmonton Oilers owner Daryl Katz and team president Patrick LaForge reportedly down in Seattle, where city council has just approved a new $480 million arena building, as well as Edmonton’s Mayor Stephen Mandel setting an Oct. 17 drop dead date for the arena deal here.
from David Shoalts of the Globe and Mail,
Daryl Katz has owned the Edmonton Oilers for just four years but he is a quick study when it comes to the NHL owners' manual.
Especially with the section on how to extort taxpayers for a free or almost free arena so you can maximize the profits of your hockey team.
So there was Katz on Monday, with several Oiler suits in...
"EDMONTON, Alberta -- With plans for a new arena in doubt, the Edmonton Oilers say they are keeping their options open. Oilers owner Daryl Katz, team president Patrick LaForge and president of hockey operations Kevin Lowe were in Seattle on Monday for meetings about a possible relocation to the city. The Oilers said in a statement that they still hope to reach a deal with...
((HT: KING-TV Seattle))
It appears that Seattle is one step closer to getting a new arena in the thought that it could attract one, if not two, professional sports franchises...
NHL and/or NBA...
The City Council voted 6-2 to pass the South Downtown plan. Hedge fund billionaire Chris Hansen's plan to build a $490-million calls for $200 million in public funds. But construction...