Skip to content

Oilers ask that arena negotiations be restarted

Dec 12, 2012, 3:23 PM EST

Oilers arena

As per its request, Oilers ownership is speaking in front of Edmonton city councilors today in hopes that negotiations for a new $450 million downtown arena can be restarted.

In October, the city called off talks in the wake of the Katz Group’s request for an additional $6 million annual operating subsidy.

Today, after stating the Oilers were “stunned” at the city’s decision to cease talks, Katz Group executive John Karvellas said the $6 million request has been withdrawn. Instead, he proposed that any extra tax revenue (beyond expectations) collected from the arena district be given to the club.

There also remains the matter of the $100 million shortfall that the city and the Oilers are hoping the province will provide in some form or another.

For all the scintillating details, the Edmonton Journal is covering the meeting here. It’s a bit like a City of Glendale meeting, except it’s colder outside.

Latest Posts
  1. Kane, Sharp lead Blackhawks over Ducks

    Jan 31, 2015, 2:00 AM EST

    Patrick Sharp, Patrick Kane Patrick Sharp, Patrick Kane

    Anaheim has now lost two straight in regulation for the first time since November.

  2. Miller sends ex-Buffalo mates to 14th straight loss

    Jan 31, 2015, 1:15 AM EST

    Carolina Hurricanes v Vancouver Canucks Getty Images

    Sabres conclude January with an 0-12-0 record.

  3. Video: Jarome Iginla records his 1,200th NHL point

    Jan 30, 2015, 11:35 PM EST

    Ottawa Senators v Colorado Avalanche Ottawa Senators v Colorado Avalanche

    He’s now tied with Dino Ciccarelli on the all-time points list.

  4. Video: Despres’ OT winner lifts the Pens over the Devils

    Jan 30, 2015, 11:00 PM EST

    Simon Despres Getty Images

    Kris Letang has assisted on Pittsburgh’s last seven goals.

  5. Blackhawks plan on keeping Darling in the mix

    Jan 30, 2015, 9:30 PM EST

    Chicago Blackhawks v New Jersey Devils Getty Images

    He’s a restricted free agent after this season.

  6. Leafs won’t turn to prospect William Nylander for help

    Jan 30, 2015, 8:45 PM EST

    William Nylander William Nylander

    The 18-year-old is playing in his 3rd career AHL game tonight.

  7. Canes’ Khudobin yanked after allowing 2 goals on 3 shots

    Jan 30, 2015, 8:00 PM EST

    Carolina Hurricanes goalie Anton Khudobin (31) takes a break during the first period of an NHL hockey game against the Phoenix Coyotes, Sunday, Oct. 13, 2013, in Raleigh, N.C. (AP Photo/Karl B DeBlaker) AP

    Was 6-0-0 in his previous seven appearances entering tonight.

  8. New state of hockey? Talks underway for ASU games at Coyotes’ arena

    Jan 30, 2015, 5:16 PM EST

    PNI coyotes main 0102 Getty Images

    “We would be thrilled to have them play at our venue.”

  9. Norfolk, Glens Falls, and Manchester get ECHL teams

    Jan 30, 2015, 3:37 PM EST

    Norfolk Admirals AP

    Oklahoma City and Worcester do not.

  10. Goalie nods: Miller faces Sabres for first time

    Jan 30, 2015, 2:17 PM EST

    Ryan Miller Getty Images

    News and notes from around the crease…

  11. Wings place Lashoff on waivers (Updated)

    Jan 30, 2015, 1:01 PM EST

    Brian Lashoff AP

    Xavier Ouellet sticking around?

  12. Ehrhoff undergoes concussion testing after Ovechkin collision

    Jan 30, 2015, 12:52 PM EST

    PA: Tampa Bay Lightning v Pittsburgh Penguins Getty Images

    Pittsburgh d-man won’t play tonight against New Jersey.

Featured video

Kings come back in third to top Blackhawks
Top 10 NHL Player Searches
  1. E. Malkin (3371)
  2. S. Crosby (2948)
  3. T. Hall (2695)
  4. M. Brodeur (2462)
  5. P. Rinne (2432)
  1. K. Letang (2411)
  2. T. Johnson (2402)
  3. C. Price (2343)
  4. P. Hornqvist (2203)
  5. M. Richards (2192)