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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

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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.

Quote of the Day

It's about enjoying the moment. It's pretty cool to get that many people together and that excited about hockey to the point they really want you to mess up. They've got a ton of red jerseys and you have to sit back and appreciate people love hockey that much and you are the one out there who gets to play the game. Just try and stick with that respect for the game and also the mentality that for me it's just about entering the fight and seeing how long I can stay in it.

— Canucks goaltender Ryan Miller on what he expects from the fans in Calgary for Game 6