The Florida Panthers may have lost to the Ottawa Senators on the ice, but they won big time where it really mattered on Tuesday with the Broward County Commission voting 5-3 in favor of a $86-million financial grant which ensures the struggling franchise will stay in Sunrise for at least eight more years. The money for the "bailout" will come from tourist taxes collected at hotels and via short-term rentals.
Highlights of the Panthers responsibilities under the revised agreement (courtesy of the Sun Sentinel) include:
- Continue making $5.3 million annual debt payments toward the county's $15.