Friday, December 22, 2006

And let the posturing begin...

It's almost like Mario's statement on Thursday has done nothing but fuel even more speculation and posturing among all of the respective parties involved with the Penguins' current situation.

Dan Onorato reiterated his support for Plan B today, saying a new arena was his top priority and he hoped to be able to achieve it in six to eight weeks.

I give Onorato props since the slots license decision was handed down on Wednesday. He's been on several interviews since then, and has consistently been calm, explaining the situation very clearly to those not well-informed (and that's a lot of people, judging by some of the Internet articles).

And, as has been said several times before, progress is continuing to be made on the new arena's future site. The SEA (Sports & Exhibition Authority) authorized $1.7 million in contracts to clear asbestos from buildings to be demolished to make way for a new arena and to prevent work stoppages during construction.

Demolition will begin in January, agreement in place or not.

And finally, Jim Balsillie tossed his hat back in the ring. You can imagine this was coming, especially since the selling price will now be about 40 million less.

The inaccurate reporting of the Pens' situation gets more ridiculous every day. One of the biggest misconceptions is the statement that Plan B will involve taxpayers money. That is completely false, there is zero money coming from taxpayers. Specifically, in the portion that some are calling "taxpayer money", 7 million dollars per year for 30 years will be coming from a slots-backed state economic development fund.

We'll probably see the official statement die down for a little bit, until the Pens officially release from the IOC. Until then, the status won't change.

3 comments:

POJO_Risin said...

The only reason people are mentioning taxpayer money is because Lemieux said it...in a bout of being pissed off...

Derek said...

Merry Christmas Tony

-The Pensblog

Tony said...

And to you guys as well...