ucanthanzalthetruth
#CatsAreCooked
- Jul 13, 2013
- 27,059
- 28,832
Hi all,
Been ages since I posted on this topic as the matter was favorably settled in my favor almost exactly 2 years ago, but I noticed some main board posts and even posts on the Panthers board worrying, so I'm just making a post here I can link to (or others can link to) addressing the matter:
Year Annual Cumulative
1 2015 2016 12,000,000 12,000,000 18,000,000 Not Applicable
2 2016 2017 12,000,000 24,000,000 30,000,000 Not Applicable
3 2017 2018 10,000,000 34,000,000 40,000,000 Not Applicable
4 2018 2019 10,000,000 44,000,000 50,000,000 Not Applicable
5 2019 2020 8,000,000 52,000,000 58,000,000 Not Applicable
6 2020 2021 8,000,000 60,000,000 66,000,000 Not Applicable
7 2021 2022 6,000,000 66,000,000 72,000,000 Not Applicable
8 2022 2023 6,000,000 72,000,000 72,000,000 Not Applicable
9 2023 2024 4,000,000 76,000,000 72,000,000 72,000,000
10 2024 2025 4,000,000 80,000,000 64,000,000 64,000,000
11 2025 2026 2,000,000 82,000,000 56,000,000 56,000,000
12 2026 2027 2,000,000 84,000,000 48,000,000 48,000,000
13 2027 2028 2,000,000 86,000,000 40,000,000 40,000,000
Total Payments 86,000,000
Average Annual Payment 6,615,385
http://www.broward.org/Arena/Documents/ExecutiveSummary10-13-15.pdf
72 of the 86 million is paid out that 1st 8 years, and yes, you're reading that correctly, 12 million in taxpayer money is currently going to our clown owners. The buyout is the 72 million that was paid returned to the county.
Please note that the intention of this thread is not to turn into whether this is "fair" or "in the best interest of hockey" (though I don't doubt that's what it will turn into ) I am merely explaining how the Panthers are safe for several more seasons(2023), as well as providing an actual copy of the amended lease agreement confirming the same.
I was a frequent poster on this section until 2 years ago when there was (fortunately for me) no further reason to appear. I see the Coyotes threads are still going strong
Been ages since I posted on this topic as the matter was favorably settled in my favor almost exactly 2 years ago, but I noticed some main board posts and even posts on the Panthers board worrying, so I'm just making a post here I can link to (or others can link to) addressing the matter:
Year Annual Cumulative
1 2015 2016 12,000,000 12,000,000 18,000,000 Not Applicable
2 2016 2017 12,000,000 24,000,000 30,000,000 Not Applicable
3 2017 2018 10,000,000 34,000,000 40,000,000 Not Applicable
4 2018 2019 10,000,000 44,000,000 50,000,000 Not Applicable
5 2019 2020 8,000,000 52,000,000 58,000,000 Not Applicable
6 2020 2021 8,000,000 60,000,000 66,000,000 Not Applicable
7 2021 2022 6,000,000 66,000,000 72,000,000 Not Applicable
8 2022 2023 6,000,000 72,000,000 72,000,000 Not Applicable
9 2023 2024 4,000,000 76,000,000 72,000,000 72,000,000
10 2024 2025 4,000,000 80,000,000 64,000,000 64,000,000
11 2025 2026 2,000,000 82,000,000 56,000,000 56,000,000
12 2026 2027 2,000,000 84,000,000 48,000,000 48,000,000
13 2027 2028 2,000,000 86,000,000 40,000,000 40,000,000
Total Payments 86,000,000
Average Annual Payment 6,615,385
http://www.broward.org/Arena/Documents/ExecutiveSummary10-13-15.pdf
72 of the 86 million is paid out that 1st 8 years, and yes, you're reading that correctly, 12 million in taxpayer money is currently going to our clown owners. The buyout is the 72 million that was paid returned to the county.
Please note that the intention of this thread is not to turn into whether this is "fair" or "in the best interest of hockey" (though I don't doubt that's what it will turn into ) I am merely explaining how the Panthers are safe for several more seasons(2023), as well as providing an actual copy of the amended lease agreement confirming the same.
I was a frequent poster on this section until 2 years ago when there was (fortunately for me) no further reason to appear. I see the Coyotes threads are still going strong