Quote:
Originally Posted by MountainView
If the PWHL Charge get up and move to CTC or a future LeBreton, it is completely on the City and OSEG. The City taxpayers losing a 20-night tenant for their 100+ million new arena. Good grief.
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I agree that it is on the City and OSEG, but as you point out, the Charge are just a tenant, so there was never anything stopping them from moving to the CTC or Kanata regardless of what was built. If the Charge's attendance grows as they are projecting, that move is almost an inevitability. Then you would have a had brand new 8000 seat arena that you spent an extra $100 million on with exactly no tenants who use that capacity, which makes a lot less sense.
I also think that you are overestimating the value of a 20-night tenant to the new arena. Yes, they provide a good revenue stream, but in terms of the capital costs of adding 2000 more seats, it comes nowhere near covering those. We'll see how things pan out, but I expect the new arena is going to be much busier in terms of hosting other events in that 5000 attendance range, so it is in no way clear that a Charge move would be a net loss for the Lansdowne. TBH, it would probably be better overall for the team and the city (a move to Lebreton, not Kanata).
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