Sign in with your NHL account:
  • Submit
  • Or
  • Sign in with Google
 
SHARE

City of Edmonton and NHL Oilers agree to resurrect deal for new $601M rink

Wednesday, 01.23.2013 / 11:55 AM / News

The Canadian Press

Share with your Friends


City of Edmonton and NHL Oilers agree to resurrect deal for new $601M rink

EDMONTON - The Edmonton Oilers and the city have agreed to resurrect a deal to build a new downtown arena.

City councillors have voted to accept a cost-shared deal for a $480-million rink.

After surrounding infrastructure is added in, the final bill will be $601 million.

The money will come from taxpayers, Oilers owner Daryl Katz, and a ticket tax.

However the deal is still more than $100 million short, which is money Edmonton Mayor Stephen Mandel hopes will come primarily from the provincial government.

The plan is for construction to start this fall and the building to open in 2016.

RECENT NHL TRADES
Player/s Team Team Player/s
Jokinen
MORE
Lindstrom,
2016 pick
Wisniewski,
2015 pick

MORE
Bourque,
Karlsson,
2015 pick
Zidlicky
MORE
Cond. pick
Petry
MORE
2015 picks
Yandle, Summers, 2015 pick
MORE
Moore,
Duclair,
picks
View all trades
Quote of the Day

I don't have a crystal ball. Predicting is a real complicated thing. If we stay healthy, have enough depth and get the good goaltending we think we're going to have, you can go all the way. But a lot of things have to happen. There's going to be a lot of teams that think the same thing. Everyone made deals. We're all are optimistic about where we'll end up.

— Rangers general manager Glen Sather after being asked if he's constructed a team that can win the Stanley Cup before their 4-1 win against the Predators on Monday
2015 Coors Light NHL Stadium Series GigaPixel