Posts tagged: Katz

Katz Apologies For Toying With Your Emotions

By , September 29, 2012 9:32 am
Oilers fans the past week (or lifetime in some cases)

Oilers fans the past week (or lifetime in some cases)

So in today’s Edmonton Journal, Daryl Katz apologies for using the Oilers fans as leverage in his negotiations for a new arena. I think a lot of people saw through his bluff.. but there were definitely a lot of fans and others that felt he was going to move the team if he didn’t get his way.

Well, rest easy naive Oilers fans… the team is going nowhere. Katz admitted that while trying to send a message to City Council that he was being taken for granted, he in fact was taken for granted.

It’s a good apology from a guy who has troubles with public relations. I personally think it takes a big man to admit you are wrong, so I put this behind me. Hopefully the two sides will just get down to negotiating in good faith and make something happen that will work for both sides.

What say you? Do you forgive Katz?

Do you forgive Katz for toying with your emotions?

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If you build it, cups will come….

By , May 19, 2011 9:24 am
Let's break some ground!!!

Let's break some ground!!!

Thought I’d peruse the internets and condense what’s beeing said regarding the arena vote that passed last night.  Read on for the details.

An 8-5 council vote passed last night based on a 17 part motion passed in April by the city regarding it’s desires for the project.

  • Maximum construction cost: $450 million
  • $100 million – Daryl Katz
  • $125 million – ticket fee
  • $125 million – taxes/city funds
  • $100 million – provincial/federal funding (not established)

The two sides will jointly work on a design. Not sure if one has absolute power or if an agreement must be made.

The city will own the 18,500-seat building

Katz will operate it, receiving all the revenues and covering all the costs.

Any cash made from naming rights go to Katz.

35 year agreement.

The fall guy…

By , January 29, 2010 11:27 am
The original fall guy / 6-million dollar man

The original fall guy / 6-million dollar man

Yesterday, Guy Flaming over at Coming Down the Pipe posted a great article about a fan who called into the Oilers lunch this week saying that “the fans will need a sacrifice.” In Guy’s article, he speculated that it could be the scouting staff taking the fall, just based on that they hadn’t had their contracts renewed and because they have been one constant through much of this mess. Guy did feel though that this would be a “smoke screen”, if that group were cleaned up, and I agree as well. No matter how you stack it, this is still an issue with management. Continue reading 'The fall guy…'»

Katz/LaForge update on new arena(s)

By , August 31, 2009 11:22 am
Hopefully he'll grow into that jersey

Hopefully he'll grow into that jersey

Seems like a whole lot of build-up for nothing, but I’ll let you guys be the judge for yourselves. Full transcipts here. Continue reading 'Katz/LaForge update on new arena(s)'»

Latest dirt on the proposed arena(s)

By , August 27, 2009 1:25 pm

Good luck parking in this mofo.

Good luck parking in this mofo.

* – UPDATE: Dan Tencer says confirmation of this sale is a bit pre-mature. The Katz Group has agreed to purchase the land, however the transaction is not finalized yet.

The Edmonton Sun has an article in which they update us on the latest goings on with the proposed new arena for the Edmonton Oilers. * – For those of you that missed it, the Katz group recently bought the 3 square block area around the Baccarat Casino. Unless Daryl Katz plans on building a ginormous Rexall Drugs, this will be the site of the new arenas. Arenas? Yes, plural. Continue reading 'Latest dirt on the proposed arena(s)'»

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