Comment 58516

By Mogadon Megalodon (anonymous) | Posted January 28, 2011 at 07:15:19 in reply to Comment 58503

http://www.thespec.com/news/local/article/478901--seasick-punch-drunk-or-having-a-baby

Dreschel suggests that what the Cats have offered is "a $3-million naming rights guarantee," which I'm guessing means that the above numbers would be $6m off. If they've pulled an MLSE/BMO and offered $3m for naming rights which they intend to sell for twice that, the city might not see the possibility of naming rights income until 2035, when the lease comes up.

If so, we're already talking about a commitment from the City of $57.5m before demolition and land acquisition costs.

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