Oilers, Edmonton set arena finance plan

Discussion in 'WEST: Pacific Division' started by truebluefan, May 20, 2011.

  1. truebluefan

    truebluefan Administrator Staff Member Administrator

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    Edmonton officials and the owners of the Oilers have reached a framework agreement to finance a $450 million downtown arena for the team.

    The deal would see the city provide $125 million and the Katz Group, which owns the Oilers, pay $100 million. Another $125 million would come from a user-paid facility fee.

    Read more: http://sports.espn.go.com/nhl/news/story?id=6566773
     

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