Gary Bettman promises multiple events to an American city
Gary Bettman has always had his favourite locations that he enjoys supporting. That's why so often the Chicago Blackhawks are featured in NHL outdoor games. Yesterday, Bettman made the choice to promise another market multiple special events.
Yesterday the Carolina Hurricanes and their ownership group announced that they had signed a new lease with the City of Raleigh for the next 20-years. This deal includes an investment of nearly $300,000,000 to help grow the area and facilities.
OFFICIAL! The #Canes have a new 20-year lease extension at PNC Arena, keeping the team at the venue through the 2043-44 season.
The building will undergo major renovations as a part of the agreement, including the development of a vibrant sports and entertainment district.
The deal includes a combined $300M investment from the City of Raleigh and Wake County. Gale Force will enter into a ground lease to develop the land around PNC Arena.
Gale Force will commit a minimum of $200M within five years, $400M within 10 years, and $800M within 20 years.
The building will undergo major renovations as a part of the agreement, including the development of a vibrant sports and entertainment district.
The deal includes a combined $300M investment from the City of Raleigh and Wake County. Gale Force will enter into a ground lease to develop the land around PNC Arena.
Gale Force will commit a minimum of $200M within five years, $400M within 10 years, and $800M within 20 years.
With this investment, Bettman made the decision to promise the Hurricanes that they will receive multiple events following the completion of the renovations.
As a part of the #Canes new lease deal, the NHL has committed to bringing another All-Star Game to Raleigh within three years of the renovation being complete.
Additionally, the team will host another Stadium Series Game within five years of completion.
Additionally, the team will host another Stadium Series Game within five years of completion.
The Hurricanes last held the All-Star Game in 2011, so it hasn't been 15 years since their last event. The league would be far better off investing in a market like Seattle, instead Gary continues to chase the immediate money instead of what's good for the game.
| POLL | ||
AOUT 16 | 131 ANSWERS Gary Bettman promises multiple events to an American city Is Gary Bettman the right Commissioner to grow the NHL? | ||
| No, he's grown it all he can | 111 | 84.7 % |
| Yes, he's doing great | 20 | 15.3 % |
| List of polls | ||
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