Dec 26, 2012, 10:25 AM EST
The Detroit Red Wings’ plans to build a new arena came under scrutiny thanks to them getting taxpayer money to fund the project. A recent financial report won’t be doing the team any favors for how things look on the surface.
Christine MacDonald of The Detroit News reports the team and owner Mike Ilitch may owe the struggling city up to $70 million thanks to an old provision in the team’s television contract as it concerns the city-owned Joe Louis Arena. As you might suspect, this isn’t going over well with city politicians.
“The Ilitches are a multibillion-dollar operation, and they are inside a city that is sinking,” said City Councilman Kwame Kenyatta. “(Mike Ilitch), I am sure, knows about this and should be forthcoming to help the city. Help us by writing a check, not by negotiating a new lease.”
Oh yeah, the lease. The team’s lease to play at The Joe expired in 2010. Since then, the team reportedly hasn’t paid rent nor property taxes to play there and the city hasn’t gotten their cut of concessions either. Whoops.
As George Malik of blog Abel To Yzerman says, however, Detroit’s financial problems are huge and what the Wings may or may not owe the city is just a drop in a very broke bucket. That said, perhaps the city should think about forking money over for a new building if they’re owed such a big stack of cash as it is.
Jan 31, 2015, 2:00 AM EST
Anaheim has now lost two straight in regulation for the first time since November.
Jan 31, 2015, 1:15 AM EST
Sabres conclude January with an 0-12-0 record.
Jan 31, 2015, 12:15 AM EST
Shattenkirk had the shootout winner.
Jan 30, 2015, 11:35 PM EST
He’s now tied with Dino Ciccarelli on the all-time points list.
Jan 30, 2015, 11:00 PM EST
Kris Letang has assisted on Pittsburgh’s last seven goals.
Jan 30, 2015, 10:15 PM EST
Mark Hunter has also been a rumored replacement.
Jan 30, 2015, 9:30 PM EST
He’s a restricted free agent after this season.
Jan 30, 2015, 8:45 PM EST
The 18-year-old is playing in his 3rd career AHL game tonight.
Jan 30, 2015, 8:00 PM EST
Was 6-0-0 in his previous seven appearances entering tonight.
Jan 30, 2015, 7:05 PM EST
It could happen at the World Cup though.
Jan 30, 2015, 5:16 PM EST
“We would be thrilled to have them play at our venue.”
Jan 30, 2015, 4:24 PM EST
Ville Pokka is a fun name.
Jan 30, 2015, 3:57 PM EST
Spent last season in Buffalo.
Jan 30, 2015, 3:37 PM EST
Oklahoma City and Worcester do not.
Jan 30, 2015, 3:26 PM EST
Key Western Conference tilt tonight at Honda.
Jan 30, 2015, 2:48 PM EST
Not that that’s likely. Just…possible.
Jan 30, 2015, 2:17 PM EST
News and notes from around the crease…
Jan 30, 2015, 1:01 PM EST
Xavier Ouellet sticking around?
Jan 30, 2015, 12:52 PM EST
Pittsburgh d-man won’t play tonight against New Jersey.
Jan 30, 2015, 12:39 PM EST
They play in Vancouver tonight.
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