Comment 53834

By Brandon (registered) | Posted December 27, 2010 at 09:01:59

@justsaying,

I've got to agree with Shemp here. Essentially all the money that came in from the public purse was conditional. The Federal and Provincial money were tied to a legacy tenant (because they were offering more money than they would offer to cities without a legacy tenant for a smaller stadium) and the city money was tied to downtown revitalization and brownfield restoration.

The 'Cats looked at the pile of money and said to themselves "How can we make the most of this?" and decided on a high pressure last minute approach to hijack the money and claim all revenues generated around the stadium. This is amply demonstrated by the fact that BY wasn't willing to invest a penny of up-front money in the Stadium but was perfectly willing to invest $15M building beside the stadium.

They tried, they failed and now hopefully they'll smarten up and realize that the only way that this pile of money can benefit them is if they meet the conditions that the money comes with and that means the WH location.

If not, BY tries to shop his team at another city, of which none seem terribly interested right now, or he has to make do with a renovated Ivor Wynne and live with the fact that he could have had a brand new stadium if he'd been willing to eat a little crow.

Ahh, pride.

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