Quote:
Originally Posted by Acajack
Centre Vidéotron naming rights went for 33 million for 25 years. If there is an NHL team based in the building the naming rights fee doubles.
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Quote:
Originally Posted by HomeInMyShoes
Factor in 1% inflation for construction costs (ridiculously low I would think) and $66 milliion is not paying for the $474 million replacement.
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Nope sorry guys, Not that black and white. That Money is what Quebecor pays for Arena Lease. For Some questionable reason the city and Quebecor Decided on Including the Naming rights Into that lease Instead of Out sourcing to bring in More revenue which as a Local tax payer would make me furious.
"On March 1, 2011 Quebecor entered into an agreement to acquire
management rights to the new arena, a deal expected to be between $33 million and $63 million up front, plus between $3.15 million and $5 million in annual rent. The value of the deal will increase if an NHL franchise moves into the arena; Quebecor has actively backed an expansion franchise for Quebec City.[1][13] This arrangement was made without public tender, for which the provincial government provided legal immunity.
As part of the management contract, Quebecor also holds the arena's naming rights; on April 7, 2015, it was announced that the arena would carry the name of Quebecor-owned cable company Vidéotron, and be known as the Videotron Centre"
Quote:
Originally Posted by Berklon
Yea, you can't just base the amount of money they get for naming rights solely on the population/size of the city. It doesn't work that way.
Calgary and Ottawa aren't getting anywhere close to those amounts.
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I'm Not basing it on Anything but the Profile of the Arena and the Sports teams that play There combined with the new bar set by MLSE. If I'm Calgary and I see MLSE Get 40M a season for a 20 year old Rink, I'm Setting my price at 15M a season at a Minimum for my brand New DT Rink. You wanna get Your name on our half Billion toy? Here's The cost. I think these Lease Holders have more Power then 2 decades Ago as Companies are Racing to Stamp their brand all Over Sports Venues In Canada and North America right Now (Scotiabank,Rogers,Bell,TD). You think Katz is Getting anywhere close to less than 10 Million a Season for Rogers Place? In What World..
I think 300M might be a bit high for Winnipeg and Ottawa Now that I think About it. But I can see Vancouver, Edmonton, Calgary getting between that 300-400 mark. Before MLSE's new deal not a chance