Skip to content

‘Major announcement’ coming Tuesday for Edmonton’s new downtown arena

Dec 3, 2013, 6:00 AM EDT

Mystery and intrigue surrounds a “major announcement” about Edmonton’s new downtown arena.

The announcement, headed up by Rexall Sports Corporation, is scheduled for Tuesday, according to a media advisory put out by the Edmonton Oilers on Monday.

Edmonton’s mayor Don Iveson is also expected to be on hand.

In May, Edmonton’s city council voted in favor of a new funding arrangement for construction of the downtown arena, worth $480 million.

It’s been reported that construction on the new arena could begin in the New Year. It’s possible the Oilers are playing in their new arena by 2016.

A week prior to council approving the new arena, the proposed building hit a snag due to a $55 million funding shortfall.

The new arena may already have a positive impact financial impact on the Oilers’ franchise, particularly owner Daryl Katz, according to David Staples, a columnist with the Edmonton Journal.

As per the Edmonton Journal, the Oilers’ value boosted up to $400 million – an increase of 78 per cent over the last year – in the latest Forbes Magazine rankings of all 30 NHL clubs.

  1. muckleflugga - Dec 3, 2013 at 10:45 AM

    edmonton…

    you can dress up an outhouse with lace curtains, but it’s still an outhouse…so who pays for the curtains: the holes using the outhouse that’s who

    not to be overly negative but…

    in keeping with a system of corporate welfare that has enriched big oil and fat-assed americans at the expense of alberta taxpayers, pretty much forever, the fools running our cities and governments have found yet another way to play toad to a sniff of big money, all while making millionaires richer on pretext of part time minimum wage jobs and a revitalization of a city long past dead

    let’s see, you’ve got the oilers, the canadian finals rodeo weekend, and curling every eight years or so that will have to justify the squandering…ask the political whores if they know how to spell boondoggle

    so, how long before the hands start reaching out in calgary…just long enough for people to forget the saddledome had a complete refit after the flood

    • ruthlessandtoothless - Dec 3, 2013 at 11:27 AM

      Do yourself and everyone else a favor and shut up

  2. shanesander - Dec 3, 2013 at 11:08 AM

    aside from that comment.. they’re announcing a date they’ll break ground

  3. atwatercrushesokoye - Dec 3, 2013 at 3:11 PM

    They announced it’ll be known as Rogers Place. Rogers is taking over the hockey world.

  4. muckleflugga - Dec 3, 2013 at 9:28 PM

    ruthlessandtoothless

    i’m curious, with a handle like that, how do you make a living…?

Featured video

Bettman hears the boos in Philly
Top 10 NHL Player Searches
  1. S. Crosby (1803)
  2. D. Roy (1563)
  3. M. Ribeiro (1421)
  4. D. Cleary (1414)
  5. R. Nash (1397)
  1. V. Sobotka (1307)
  2. B. Dubinsky (1284)
  3. B. Morrow (1277)
  4. L. Stempniak (1158)
  5. P. Subban (1107)