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Leaked Flames offer proposed City of Calgary pay for 52% of the new arena

Earlier this week, Calgary City Council voted to reveal details of their side of the arena negotiations with the Calgary Flames. The Flames’ side of things are reportedly covered by a confidentiality agreement, but sources have seemingly leaked quite a bit of the nuts and bolts to the Calgary Herald‘s city hall columnist Don Braid.

Reportedly – and grain of salt on this, obviously – the Flames desired the City to pay for 52% of the $550 million needed to build the new barn. That would mean that the taxpayers would shell out $286 million for the building, with the Flames paying the remaining $264 million.