So the Canadian Govt is talking about putting around $150 million into a new arena for Quebec to get a new NHL team...surprisingly I am for this
Posted by
Beaker (aka Anniebecca)
Sep 10 '10, 15:29
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Salary cap is $50 mil or so, tax that and that is $15 million or so extra in taxes just on the players.
10 year payback
Add in all the other jobs and offshoots associated with it and it seems like a no brainer to me.
I wouldn't make a habit of it, but for an NHL team it seems to make sense.
Plus it's no where near what the US gives away.
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