The Calgary Flames, in the form of an advertisement bought in both major daily newspapers and a 5 a.m. MT press release, finally released their funding model for the Victoria Park Arena on Thursday morning.
Flames release details on their Victoria Park arena proposal:https://t.co/r06K0f4SrP pic.twitter.com/lirXDMj6bG
— Calgary Flames (@NHLFlames) September 21, 2017
According to the release, the Flames were willing to contribute $275 million up-front – it’s unclear from the release where that money would come from – while the City of Calgary would contribute $225 million from a Community Revitalization Levy.