Is the NCC deal with the Senators organization not contingent on the arena being built? And that would be a major reason for driving up the bids. An arena in the downtown of one of Canada's largest cities and the nation's capital. It would host the Senators as an anchor tenant and host events whether that's a touring musical act or whatever.
It seems crazy to me that someone would be willing to outbid the competition for just the team and walk away from the arena deal.
The other option is they build an arena or arena-like events center that does not host the Senators.... which again... seems absurd that you would either own two arenas or own one arena and pay rent to a third party to have the Senators play in the third party's arena.
It seems crazy to me that someone would be willing to outbid the competition for just the team and walk away from the arena deal.
The other option is they build an arena or arena-like events center that does not host the Senators.... which again... seems absurd that you would either own two arenas or own one arena and pay rent to a third party to have the Senators play in the third party's arena.