Tuesday, January 01, 2013

What they lose on price, they make up on volume

Glendale eliminates more civil servants to help pay for the hockey rink debacle.

Though Horatio Skeete, the acting city manager, estimated it would cost $6 million to run the arena without the Coyotes playing there, the city projects it will be financially better off in the long term by providing home ice to the team (at a cost of $15 million per year).

2 comments:

Johnny LaRüde said...

Bad math.

Johnny LaRüde said...
This comment has been removed by the author.