|
|
Article: Pro sports: who pays the price? (funding of National Hockey League teams in Canada) (Cover Story)
- Article from:
- Canadian Dimension
- Article date:
- October 1, 1994
- Author:
CopyrightCOPYRIGHT 1994 Canadian Dimension Publication, Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
In April 1994, city councils in Calgary and Edmonton narrowly approved controversial arrangements in which millions of dollars of federal infrastructure funding were allocated to refits of the Saddledome and the Northlands Coliseum. The background to these deals, as any follower of Canadian sports will know, is the well-publicized threats by team owners that the National Hockey League (NHL) can no longer survive in smaller Canadian cities unless owners obtain more revenue from their publicly financed arenas. The additional 'revenue streams' that hockey owners demand typically include the income from arena advertising, income from other (i.e. non-hockey) events, and -- ...