$1.00 can get you beer and hotdogs at some Coyotes games.
If Hulsizer buys the team with his own money end of problems. Does the COG subsidize every business in the municipality? Joe's Records is having a tough time making money but has 8 minimum wage workers so the COG leases the parking lot for 30 years to inject capital into the business. This is insane or at the very least corporate welfare for millionaires.
I'm not sure what the point of the comment is. Do you think you presented the same situation? Last time I checked, Joe's Records didn't employ 1000 people, create millions in tax revenue for the city, or operate out of a location that the city spent $180 million to build.
Is is corporate welfare? Of course. So? Tell me it doesn't happen all the time in every city in North America. That is not the issue. The issue is whether the elected officials for the CoG have the right and responsibility to exercise judgment in how they conduct business in the best interest of the people who elected them to make those decisions.