Oilers arena plan could rise from dead as soon as today

NHL commissioner Gary Bettman was in Edmonton on Friday for talks between Oilers owner Daryl Katz and Mayor Stephen Mandel, and apparently he knocked some heads together, because there are now reports that a new arena deal could be announced as soon as today.

According to councillor Ed Gibbons, who spoke with Mandel, Katz has agreed to drop demands for a $6 million a year operating subsidy that he added last fall, though he’ll now be asking for $15-25 million in additional cash from the city to pay for half the price of additional costs that have been identified since then.

Gibbons says he thinks the council will be able to swallow that much extra expense, though he would say that, since he’s a backer of the plan. We’ll know more after the actual deal is announced, maybe.

3 comments on “Oilers arena plan could rise from dead as soon as today

  1. Don’t know how your twitter parsing skills are, but there’s a very entertaining on-going twitter battle between David Staples (@dstaples), libertarian columnist Colby Cosh (@colbycosh) and a few others over the arena for awhile now.

  2. Looks like it’s passed the council, per @dstaples. His link to the actual city arena paperwork is dead, though, so can’t tell what’s in it.

  3. Have you heard about what’s going on with the Coyotes? Apparently, that team’s sale is a hair’s breadth from falling apart. Deadline is Jan 31.

    More good news for Seattle and Hansen?

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