Jul 22, 2013, 11:22 AM EDT
The city of Detroit’s bankruptcy filing should not affect the Red Wings’ plans to build a new downtown arena, according to Brian Holdwick, executive vice president of business development of the Detroit Economic Growth Corp.
From The Associated Press:
Plans for an 18,000-seat arena were announced by the team’s owners and local economic development officials last month, although the new proposal still needed to be approved by the City Council and a handful of state and local agencies. The Red Wings said there will be $367 million in private investment and $283 million in public funds in the complex, which would also include residential, retail and office space.
Spending that kind of money on an arena — in a city where bankruptcy could mean laying off employees and scaling back basic services — could draw some public resistance. Holdwick said funding for the project would come from tax increment dollars that can’t be used by the city’s general fund anyway, so it’s not necessarily a zero-sum game between building an arena and easing Detroit’s financial pain.
But despite Holdwick’s opinion, the Red Wings have yet to comment on the city’s bankruptcy filing, which may suggest the club isn’t entirely confident that nothing has changed.
After all, in a place where so many people are facing economic hardship, spending millions of taxpayer dollars on a new arena for a pro sports team was already politically sensitive. After last week’s news, it may be even more so.
Oct 1, 2014, 11:20 PM EDT
He may begin 2014-15 banged up.
Oct 1, 2014, 11:00 PM EDT
“The next few days will be the turning point,” GM Jim Rutherford said.
Oct 1, 2014, 10:12 PM EDT
The early word is that he’s OK, though.
Oct 1, 2014, 10:00 PM EDT
It’s not as foolish as it sounds … maybe.
Oct 1, 2014, 8:45 PM EDT
Worth a try.
Oct 1, 2014, 8:02 PM EDT
According to fellow Swede and Red Wings forward Henrik Zetterberg.
Oct 1, 2014, 6:38 PM EDT
One last chance for a tune-up.
Oct 1, 2014, 5:00 PM EDT
Where he’ll resume coaching duties for KHL Lokomotiv.
Oct 1, 2014, 4:01 PM EDT
Didn’t take advantage of their opportunities.
Oct 1, 2014, 2:46 PM EDT
Sounds like both will start the season at center.
Oct 1, 2014, 2:24 PM EDT
Off to AHL Lake Erie they go.
Oct 1, 2014, 2:10 PM EDT
“We have not been in contact with the IOC and they have not been in touch with us.”
Oct 1, 2014, 2:09 PM EDT
Meaning all of Columbus’ No. 1 line — Jenner, Ryan Johansen and Nathan Horton — is now out of action.
Oct 1, 2014, 1:47 PM EDT
He won’t be ready for the season opener.
Oct 1, 2014, 1:33 PM EDT
Both have one-year, two-way contracts.
Oct 1, 2014, 1:26 PM EDT
And Zack Stortini has been placed on waivers.
Oct 1, 2014, 1:12 PM EDT
“You can tell a guy ‘don’t dive’, but even on our team we’ve seen a few of them.”
Oct 1, 2014, 1:04 PM EDT
Another veteran d-man, Nolan Yonkman, was also released.
Oct 1, 2014, 12:45 PM EDT
“But we’ve talked and we’ll continue to talk about it.”
Oct 1, 2014, 12:35 PM EDT
A rookie head coach, some significant roster turnover and the annual questions in goal.
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