Lupul apologizes for ‘negative comments’ about Leafs on Instagram

Joffrey Lupul is sorry.

The Toronto Maple Leafs winger - on paper, at least - took to Twitter on Wednesday to offer an apology for a since-deleted Instagram comment wherein he claimed the team cheats with respect to failed physicals, and "everyone lets them."

Lupul, as we see, apologized to the media, fans, Leafs management, and players for the "inappropriate response," one offered seemingly out of frustration after not having played for the past year and a half.

He added he will not be seeking a second opinion after failing his physical prior to the open of training camp, but does hope to play at some point in the future.

Lupul can become an unrestricted free agent next summer, at which point he'll be able to sign with any interested teams in the NHL or elsewhere, health permitting.

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Watch: Bieber gets hype playing NHL 18

@justinbieber already putting up mad points in NHL 18 😂

A post shared by NHL on NBC Sports (@nhlonnbcsports) on

We've all been there: getting a bit too rowdy over a favorite video game.

Such was the case Wednesday for pop superstar Justin Bieber, as the Canadian singer finally got his hands on the latest edition of EA Sports' NHL 18.

Bieber wasn't shy about showing his excitement for the new game, while also playing with his favorite team, the Toronto Maple Leafs.

- With h/t to Pro Hockey Talk

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Blake praises Boyle following CML diagnosis: ‘His attitude will get him through this’

Jason Blake knows a thing or two about getting dealt a bad hand.

As the former NHL veteran is battling the exact same form of leukemia - chronic myeloid leukemia - that current player Brian Boyle was recently diagnosed with. Boyle revealed his illness to the media Tuesday, and Wednesday Blake offered his insight and support to the newly-minted New Jersey Devils forward.

Related: Hockey community rallies around Brian Boyle after CML diagnosis

"I remember thinking, ‘God, he’s got a wonderful family.’ That’s going to help him a lot," Blake said of Boyle, according to Sportsnet's Elliotte Friedman. " … He carries himself with such character, I think he’ll be just fine. I really do."

While Blake - like Boyle - caught his disease early, he recognizes he was lucky, as most people don't have their bodies as closely monitored as hockey players do.

"For us as players, it’s a reminder how fortunate we are that we get to do this. Because we do these blood tests, they catch it early," said Blake. "Often, men don’t start it until north of 45. I was 34. Brian is 32. When I got diagnosed, as much as it sucked … they caught it early. The support system will be excellent.

"The Devils and the NHL will take care of him."

After his diagnosis in 2007, Blake went on to play four more years in the NHL, and despite the battle in front of him, Blake knows that Boyle will come out of this difficult situation stronger than ever.

"I’ve played against him. He’s a tough guy who works hard every shift. His attitude will get him through this. God bless him, I really mean that."

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Erik Cole formally retires as member of Hurricanes

Erik Cole is officially hanging up the skates as a member of the Carolina Hurricanes.

The winger signed a ceremonial contract with the club and announced his retirement as a player, general manager Ron Francis announced Wednesday.

Cole was subsequently named a team ambassador by club president Ron Waddell.

The winger appeared in 892 NHL games with the Hurricanes, Oilers, Canadiens, Stars, and Red Wings after being selected 31st overall by Carolina in 1998, registering 265 goals and 267 assists for 532 points.

Cole reached the Stanley Cup Final with Carolina in 2002, and won a championship with the Hurricanes in 2006.

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Ranking the NHL’s 100 Greatest Logos: Nos. 60-41

Throughout the month of September, James Bisson and a cast of editors from theScore will share their rankings of the greatest players, teams, and moments in the 100-year history of the National Hockey League. This week's list focuses on the greatest team logos (active team logos courtesy NHL; defunct team logos courtesy SportsLogos.net):

100-81 | 80-61 | 60-41 | 40-21 | 20-1

Voter List

  • James Bisson, National Sports Editor
  • Josh Wegman, NHL News Editor
  • Sean O'Leary, NHL News Editor
  • Esten McLaren, NHL News Editor
  • Lucas Casaletto, News Editor
  • Michael Amato, Senior News Editor
  • Craig Hagerman, NHL News Editor
  • Lanny Foster, Senior Social Media Editor
  • Arun Srinivasan, News Editor

60. Chicago Black Hawks (1926-1935)

While the original Black Hawks logo itself isn't that far removed from the current iteration, this one is quite a bit … less colorful. The addition of white horizontal lines from 1927-1934 didn't exactly jazz it up, either.

59. Boston Bruins (1924-26)

The difference between the Bruins' original logo and the updated one we rated lower? It's all in the upper lettering; this version is cleaner than the later one, which features an inexplicably clunky font.

58. Chicago Black Hawks (1959-1990)

Of all the various versions of the Black Hawks' secondary logo, this one - with red and green tomahawks and a yellow C - easily lasted the longest. It can be argued that it's also the nicest looking of the bunch.

57. Carolina Hurricanes (1999-present)

There's nothing complicated about this one; the Hurricanes' primary logo is quite clearly a hurricane. This version, in which the eye of the storm is a darker shade of red, was introduced in the team's third season.

56. Minnesota Wild (2004-present)

Forgive us if we aren't Wild (pun intended) over the decision to take one of the coolest NHL post-expansion logos and make it the centerpiece of yet another hum-drum circle configuration. That said, it still looks good.

55. New York Rangers (1996-2007)

Any time an Original Six team makes a drastic change to its primary logo, there's a bit of an uproar. But it's hard to argue with the Rangers going with one of the city's most iconic symbols as the focal point of a great design.

54. Cleveland Barons (1976-78)

If the NHL ever decides to venture back to Cleveland, that franchise could do a lot worse than going with the Barons' eye-catching logo. Putting the great state of Ohio in the middle is a nice touch.

53. Phoenix Coyotes (2003-14)

The Coyotes abandoned their multi-colored coyote logo in the early 2000s in favor of a simple howling face. While it lacks the panache of its predecessor, the brick red and sand color combination is one of the best around.

52. Winnipeg Jets (1990-96)

This is an example of a team replacing an iconic logo with one that is only slightly less appealing. The color combination really jumps off the jersey, and the lettering is quite similar to that of the original.

51. Montreal Canadiens (1999-present)

The iconic CH has gone through a number of cosmetic changes, but this version - with that strip of dark blue running through the middle - has been the standard bearer since the turn of the century.

50. Phoenix Coyotes (1996-2003)

The arrival of NHL hockey in the desert resulted to this incredibly polarizing logo, which was unlike anything the league had ever seen before. Whether you love it or hate it, it certainly makes you feel something.

49. Detroit Red Wings (2009 Winter Classic)

You won't find many one-time-only logos on this list - but the Red Wings' script D is just too good to leave off. In fact, we wouldn't mind seeing the Wings bring it back at some point in the future.

48. St. Louis Eagles (1934-35)

Yet another short-lived NHL tenure provided one of the cooler logos not presently in use. There's just something about the combination of birds and hockey sticks that makes us go wild.

47. Los Angeles Kings (1969-1988)

While the Kings' original and second logos - banners and all - draw universal praise, the bejeweled crown design on the team's purple road jerseys is impressive on its own. It's glitz and glamour befitting a Tinseltown team.

46. Pittsburgh Penguins (1968-1971)

Nothing says late-1960s logo design like that lettering, which looks like it could have been used for the title screen of a sitcom. The Penguins realized the error of their ways a few years later, ditching the circle altogether.

45. Pittsburgh Penguins (1992-2002)

Coming off back-to-back Stanley Cup championships, the Penguins looked to shake things up, abandoning the penguin with a stick in favor of a more angular approach. The original penguin made its return a decade later.

44. Los Angeles Kings (1988-98)

The Kings have been blessed with a handful of great logos - this one among them, even though the black, grey and white doesn't exactly pop off the screen. The speed lines on "KINGS" is a nice touch.

43. Buffalo Sabres (1996-2006)

This logo marked quite a departure for the Sabres, whose twin-sword-and-buffalo logo had been in place for the entire 26-year franchise history. We appreciate the effort, but we're glad they went back to the original.

42. Ottawa Senators (2011-present)

The simplest logos are often the best logos - and that couldn't be more true than in this case, with the Senators going with a classic "O" and an old-school color scheme that makes you feel like you're watching the 1920s version.

41. Columbus Blue Jackets (2010-present)

This is a great logo, even if the sight of munitions doesn't get you jazzed for a little shinny. Between the aesthetic color scheme, the understated font and that awesome cannon in the middle, this checks all the coolness boxes.

(NHL logos are used with permission and are courtesy of the National Hockey League.)

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Blues’ Steen injured left hand, to be re-evaluated in 3 weeks

The St. Louis Blues could be without key forward Alexander Steen to begin the regular season.

The longtime Blue will miss training camp after suffering a left hand injury in the club's first preseason game Tuesday in Dallas, the team announced Wednesday. He will be re-evaluated in three weeks.

This news comes just a day after the team announced that defenseman Jay Bouwmeester will also be re-evaluated in three weeks after fracturing his ankle.

While it's possible both Bouwmeester and Steen will be back for the Oct. 4 season opener against the Pittsburgh Penguins, it's confirmed center Patrik Berglund will be out until December after offseason surgery on a dislocated shoulder.

Steen is an invaluable member of the Blues. He tallied 51 points last year, plays a strong two-way game, and serves as an alternate captain.

If the Blues are without both Steen and Bouwmeester - in addition to Berglund - to begin the season, it will be tough sledding in the early going.

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5 teams to attack for fantasy production

Whether you're playing daily fantasy, or streaming players for your season-long league, the following teams will provide the cushiest matchups in fantasy hockey this season.

Colorado Avalanche

The Colorado Avalanche were historically bad last season. It all starts with their blue line, and frankly, they did nothing to improve it in the offseason. Here's their projected starting six:

LD RD
Nikita Zadorov Tyson Barrie
Mark Barberio Erik Johnson
Anton Lindholm David Warofsky

Barrie and Johnson are good D-men, but it's hard to imagine them being successful given the player they'll be partnered with.

With a healthy Semyon Varlamov, the Avs should be better then they were a year ago, but they'll still allow plenty of goals.

Vegas Golden Knights

The narrative around the Golden Knights is that they're not that bad for an expansion team. Well, expansion team or not, they're awful. In fact, they're probably worse than the Avalanche. Sure, they stocked up on defenseman, and have Marc-Andre Fleury in goal, but with no familiarity or chemistry among the players, this team will be a disaster from the get-go.

Moreover, Fleury showed significant signs of decline a year ago, posting a .909 save percentage and a 3.02 goals-against average for the Stanley Cup champs. Imagine what he'll be like behind an expansion team?

Arizona Coyotes

The Coyotes were an absolute dumpster fire defensively last season. According to Natural Stat Trick, they ranked dead last in the following defensive categories (all at five-on-five):

  • Shot attempts against per 60 minutes
  • Shots on goal against per 60 minutes
  • Scoring chances against per 60 minutes
  • High-danger scoring chances against per 60 minutes

The Coyotes did make some improvements in the offseason, most notably acquiring defensemen Niklas Hjalmarsson and Jason Demers, and goalie Antti Raanta. But it's hard to imagine they will be able to make dramatic difference in their scoring chance and goal prevention.

With all the youth in Arizona, this will be a very mistake-prone team. Mistakes, of course, lead to goals for the opposition.

New York Islanders

The Islanders finished a point out of a playoff spot last season, but had they done a slightly better job at preventing goals, they would have been a lock for the postseason.

The Isles weren't quite as poor analytically as the Coyotes, but they were awfully close. They finished second-worst in the NHL - only ahead of Arizona - in shot attempts against per 60 minutes, scoring chances against per 60 minutes, and high-danger scoring chances against per 60 minutes.

Even though Doug Weight led the team to a 24-12-4 record after being promoted to head coach on January 17, the team still struggled to prevent goals. Here's a look at starting goaltender Thomas Greiss' splits with Jack Capuano as head coach and Weight as head coach:

Stat w/ Capuano w/ Weight
GP 21 30
REC 11-7-2 15-11-3
GAA 2.41 2.89
SV% .925 .904

As you can see, Greiss struggled with Weight behind the beach, but the team's goal-scoring prowess allowed them to win games. With a full season of Weight as coach, the Islanders could surpass the Coyotes as the league's defensive laughingstock.

Detroit Red Wings

Colorado easily has the worst defense corps in the NHL, but the Red Wings aren't too far behind. Here's a look at their projected starting six:

LD RD
Danny DeKeyser Trevor Daley
Niklas Kronwall Mike Green
Jonathan Ericsson Nick Jensen

Don't be fooled by the name value on the second pairing - Kronwall and Green are both well past their prime.

The Red Wings were aided by a career year from goaltender Jimmy Howard, but there's probably a better chance the NHL goes to the 2018 Olympics than Howard repeating his 2.10 goals-against average and .927 save percentage from a year ago.

(Photos courtesy: Getty Images)

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The relocation threat: a brief history of arena-funding madness

It wasn’t entirely smooth sailing in fall 2016 when Rogers Place opened in downtown Edmonton, Alberta.

“We had some problems; we had side effects. There weren’t enough men’s washrooms,” said city councilor Scott McKeen, whose Ward 6 encompasses the arena. “I had to deal with complaints about urination on downtown streets.”

Disregarding the bladder-control issues of local patrons, the arena has largely been praised since opening its doors, and not only by fans of the National Hockey League’s Oilers and concert-goers. Rogers Place is credited by many, McKeen included, for serving as a “catalyst” project, igniting the regeneration of a neglected, underdeveloped downtown Edmonton.

“The transformation of this downtown has probably been more spectacular than any other because of that catalyst effect of putting an arena downtown,” said McKeen, a former columnist and reporter for the Edmonton Journal. “And the amount of investment, largely in residential buildings, has been remarkable.

“And it looks like it will continue.”

Rogers Place was largely publicly funded, a point of contention for many councilors and taxpayers. Negotiations between Oilers owner Daryl Katz and the city were protracted, contentious and, at times, ugly - the nadir Katz’s 2012 visit to Seattle, which Edmontonians took as a thinly-veiled threat of relocation.

Edmonton’s rivals in Calgary, the Flames, recently touched off a stadium-funding controversy of their own, announcing they were walking away from negotiations with the city following “spectacularly unproductive” meetings over a replacement for Scotiabank Saddledome.

It’s a familiar refrain, sports owners demanding public financing for new stadiums, despite the glut of economic research indicating they don’t move the needle for a city’s economy.

“Claims that it is a way of increasing the number of jobs or income of the city as a whole are just not the case,” said Trevor Tombe, associate professor of economics at the University of Calgary. “And that’s not just kind of like a gut feeling. There’s been study after study - that I’m aware of since the ‘80s - that repeatedly find no evidence to the effect of a sports arena, or having a professional sports franchise at all, have any effect, positive or negative, on employment or income.”

Conspicuously absent from the early days of what could be a long haul in Calgary is much talk of how a new building would spark growth or generate new tax dollars, yet the city has already offered to pay for one-third of the $555-million arena, which Tombe described as “generous.”

Pro stadiums built predominantly without public funds do exist, including AT&T Park in San Francisco and FedExField in Maryland. Also privately financed is Chase Center, the new home of the National Basketball League’s Golden State Warriors, set to open in San Fran’s Mission Bay neighborhood for the 2019-2020 season. But private financing is hardly the norm.

Professional sports teams are, in many cases, woven into the fabric of cities to the extent they are considered vital organs, helping sustain a metropolis’ metaphorical heartbeat. They’re the consummate unifier; a wellspring of civic pride.

A great many teams have relocated as a result of stadium-funding disputes. Within the last two seasons alone, Los Angeles gained two National Football League teams via San Diego and St. Louis, and the Raiders are scheduled to depart Oakland for Las Vegas by 2020 at the latest.

With those cautionary tales in mind, and the Flames adamant they require a state-of-the-art facility to remain competitive, it’s no wonder the club is digging in its heels.

But here’s the rub: Arenas are not a public good.

“This is a facility that’s used by a business, a successful business, and that’s great,” Tombe said, “but public subsidies are typically only justified where there are market failures, like positive externalities for example. That’s why education typically gets subsidies from government. (An) arena is an entirely different beast - there are no obvious market failures to correct.”

Still the debate rages on, to fund or not to fund. As to why, one can look to the scars left from arguably the most infamous sports relocation in history: the so-called Mayflower move of the Baltimore Colts.

***

Baltimore couldn’t stomach losing another professional sports team.

The primary concern of the newly minted Maryland Stadium Authority in 1986, Herbert Belgrad said, was the return of the NFL following the Colts’ departure to Indianapolis two years prior, but preventing the flight of Major League Baseball’s Orioles was a close second.

Admittedly not a sports fan, Belgrad was nevertheless approached by then-Maryland Gov. Harry Hughes to establish and spearhead the public entity which would ultimately secure state funding for the Camden Yards twin-stadium project.

“It was not a slam dunk politically,” said Belgrad, a partner at the law firm Tydings & Rosenberg. “The legislatures were very suspect of the fact that we should fund - we meaning state funding - a ballpark where the ball team is owned by Edward Bennett Williams.”

Williams was a prominent Washington, D.C., trial attorney who in 1967 founded Williams & Connolly, widely considered among the country’s top litigation firms. A part-owner and president of the NFL’s Washington Redskins, Williams bought the Orioles in 1979 for $12 million. Baltimoreans were concerned he intended to move the team to Washington, which had lost the Senators to Texas following the ‘71 season.

“Williams had no geographic ties to the Baltimore area,” Belgrad said. “So just as the Colts had been stolen away, the concern was not only to replace our NFL franchise, but to retain the Orioles, because that was a real threat.”

Buoyed by testimony from Williams, who assured lawmakers he had no intention of moving the club, Belgrad received the go-ahead in March of ‘87.

At a cost of $225 million, including $100 million to acquire land, the stadium authority commissioned a red-brick, retro-style park which, upon opening in 1992, immediately became the architectural envy of baseball and the inspiration for numerous downtown ballfields to follow.

The Orioles signed a 30-year lease, agreeing to share a percentage of money from various sources with the stadium authority, including ticket sales, concessions, and parking. Baltimore city, the primary economic beneficiary of Oriole Park, also contributes $1 million annually.

Maryland Lottery proceeds pay the debt service (cash required to cover the repayment of interest and principal) on the 30-year bonds issued to fund the stadium. According to stadium authority figures obtained by the Baltimore Sun, the total cost of the bonds will reach $450 million when they’re fully paid off in 2019. The authority had received $255 million total from the Orioles as of June 30, 2016.

Not unlike Edmonton, Camden Yards has been applauded for helping to revitalize Baltimore’s Inner Harbor area, which now boasts M&T Bank Stadium (home to the NFL’s Ravens), the Hilton Baltimore Inner Harbor Hotel, Horseshoe Casino Baltimore, and the reopened Hippodrome Theatre.

“When this project started, nobody was looking for a pinnacle stadium,” Belgrad said. “And nobody imaged that it would have the impact that would bring the tourism that it has. We were building a ballpark.”

Added Bill Cole, president and CEO of the Baltimore Development Corporation, which serves as the economic development agency for the city: “It’s impossible for me to think of what that entire area would look like without that complex.”

Economists, however, largely don’t buy into the theory that professional sports stadiums are uniquely capable of spawning the rejuvenation of downtrodden neighborhoods.

“People might make that argument, but it’s not borne out by the evidence,” said West Virginia University economics professor Brad Humphreys, who’s done extensive research on the economics and financing of professional sports.

As for the overall economic impact of a new arena, Humphreys cited Edmonton when discussing the economic principle of opportunity cost.

“There’s a lot going on in the arena district - bars are full, restaurants are full,” he said. “Those people, if that arena wasn’t there, would have been spending money on Whyte Avenue in Edmonton. Instead they’re spending it down there.

“It is pretty clear that an arena like that is going to move spending around. But all that spending that’s gone on down there is at the expense of somewhere - some bar, somewhere else in Edmonton, or St. Albert (Alberta), is suffering, because people are going to a bar somewhere else.”

***

The worst-case scenario, Humphreys said, is if taxpayers pay 100 percent of a new facility construction project from the general fund.

In October, Nevada legislators approved $750 million in public financing toward a projected $1.9-billion domed stadium for the Raiders, the largest public contribution for a stadium in U.S. history, according to figures HuffPost obtained from the Taxpayers Protection Alliance.

University of Georgia economics professor Jeffrey Dorfman views the Vegas project as an interesting test case for whether a new stadium and team are truly capable of increasing local tourism.

“Basically the only way you do actually win from bringing a sports team in, is if those events attract tourists from out of town,” said Dorfman, a regular contributor to Forbes. “If the locals go, you just move their money from movies and dinner to the game - no real change in the local economy.

“But if Vegas can get 40 or 50 or 60 thousand people flying into town for the Raiders game, and getting hotels and going out to restaurants and spending money that otherwise they would have spent somewhere in California, then Vegas could actually win. And could pay off their arena and come out ahead.”

In July, the New York Times reported it will cost Miami and Miami-Dade County $2 billion over the life of the bonds issued to pay for Marlins Park. In 2009, the city and county agreed to cover three-quarters of the price tag on the retractable-roof stadium in Little Havana, using hotel-tax revenue to pay off the debt. The Marlins, however, have the lowest attendance in the National League and few new businesses have reportedly sprung up around the ballpark.

It would be a fool’s errand to argue the Marlins are a magnet for tourists.

Another cautionary tale is Coolray Field, home to the Atlanta Braves’ Triple-A affiliate in Gwinnett County, Ga. The $45-million project ballooned to $68 million, with the county financing $31 million in cash and the rest with debt. The Gwinnett Braves have suffered through lackluster attendance since 2009 and commercial development near the stadium never materialized.

At least those facilities have anchor tenants.

Quebec City has yet to lure an NHL team to the Videotron Centre to replace the Nordiques, who fled for Colorado in 1995. The city and province split the arena’s $370-million construction bill, despite receiving no promises from the league regarding expansion. In its first four months after opening in September 2015, the arena ran a $1.4-million operational deficit, according to a CBC report, half of which Quebec City is contractually obligated to cover.

Markham, Ontario’s vision for an arena to house a second NHL team in the Greater Toronto Area was never realized, but local residents and politicians were likely breathing a sigh of relief when reports relating to the private-public project were ultimately released two years after the plan was nixed in 2013. The cost, it turned out, was $416 million, not $325 million.

Humphreys was asked to provide a report on the economic impact of the Markham project and found the arena wouldn’t have brought any tangible economic benefits to the city. Although, he did forecast between $28 million and $56 million in intangible benefits.

“The intangible benefits are world class-city status - if you’ve got an NHL team, it puts you on the map,” Humphreys said. “Or having an NHL team provides a sense of community and belonging to people who live in the area because they’ve all got something to talk about, and something to root for.

“And that is value.”

The problem, Humphreys warns, is that the intangible dollar value is never big enough to justify the subsidies teams get.

In 2008, Humphreys testified on behalf of the NBA’s SuperSonics in a federal trial over whether the team could break its lease at Seattle’s KeyArena.

“It was the easiest testimony I’ve ever done in my life because I’ve got 15 years worth of research that suggested Seattle would not be harmed if the Sonics left,” he said. “No other city has ever experienced any economic consequences of a team leaving.”

The city and team ultimately reached a settlement, paving the way for the Sonics’ move to Oklahoma City. Seattle has been without NBA basketball since, but the L.A.-based Oak View Group recently announced its intentions to spend $600 million on renovations to KeyArena for NHL and NBA use.

***

Politics play a crucial, if not overriding, role in stadium-funding disputes. In Calgary, the arena saga is expected to influence Mayor Naheed Nenshi’s bid for re-election on Oct. 16.

“These decisions give a community multiple personality disorder,” said McKeen, the Edmonton councilor, “because the same people who will say it’s unjust to do that would want to lynch city council if the team left town.”

For his part, Flames president and CEO Ken King has refuted suggestions his Sept. 13 announcement regarding an impasse with city hall was politically motivated, while Nenshi was forced to defend the city’s stance.

"The narrative that me or that council doesn't want a new arena - it just ain't true," Nenshi told reporters. "Calgarians have told us, you know what, we're willing to make an investment. We're not willing to give away the farm."

Earning public support for funding comes down to how you paint the taxpayer contribution. As Georgia’s Dorfman points out, taxpayers often believe they won’t be the ones left holding the bag.

“They think it’s not going to be them,” he said. “The politicians are telling you, ‘We’re going to pay for it with a hotel tax. We’re going to pay for it with a rental car tax. We’re going to pay for it with an airport tax.’

“They may hear a ticket tax and think, ‘OK I’ll pay a little on this, but that’ll be alright.’ So they think they’re getting something they want for pretty close to free.”

In Edmonton, $313 million of the $614-million tab - which includes the rink, land, and the Winter Garden programmable space - comes from a community revitalization levy (CRL).

Based on the premise revitalization projects increase local activity, investment and development, a city will repay the money it borrowed to fund the arena with taxes from new construction and rising property values within a certain boundary. The tax base within that boundary is fixed - or frozen - before the new facility is constructed. Only tax dollars earned above and beyond that fixed amount go toward paying for the catalyst project.

But the argument CRLs don’t affect taxpayers, Humphreys said, is simply “spin.”

“Government tax dollars have opportunity cost,” Humphreys said. “They could have used those dollars for something else other than paying off the bonds for the arena. Property values could have gone up just because of private development in that part of Edmonton, and had that happened, then those tax dollars could have been put to some other use.”

Humphreys cautions that the CRL model is dependent on property values going up and staying up. The risk for taxpayers is future real estate decline - if property values and tax revenue decline, other tax revenue will be needed to pay off the principal and interest on the bonds.

However, the economist does admit CRLs are more desirable than funding arenas with government general fund revenues.

The Oilers are also repaying the city the principal and interest on a $125-million loan over a 35-year period using a ticket surcharge from attendees at Rogers Place events.

A ticket surcharge is among the sticking points in Calgary, as the Flames would view that revenue as part of their contribution. U of Calgary’s Tombe doesn’t see it that way.

“That’s just silly,” he said. “If they thought it was the same, then why wouldn’t they just be willing to have a higher ticket price. The fact that they wanted it structured as a surcharge is meaningfully different than charging a higher price on a ticket, because the surcharge transfers risk from the private company to the city.”

McKeen considers himself a Rogers Place convert, initially skeptical of the proposal but now of the belief the catalyst effect of the arena is paying off. He advises assessing such development projects like player trades - not in the first year or two, but 10 years down the road. At that point, he predicts, Edmonton will receive high grades on its investment.

Furthermore, he stresses the unquantifiable value a team like the Oilers provides to the local community. And the mere thought of losing that cherished asset is what gives teams and leagues all the leverage they need.

“You either play ball, or possibly waive goodbye to your professional sports franchise,” he said. “That’s the ugly reality.”

(Photos courtesy: Getty Images)

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