The NHL has quite a mix of private, public and private/public funded arenas. I'm of the opinion, that most professional sports venues should be privately funded and owned. I'll probably give a pass to football stadiums because the cost of 60,000 - 100,000 seat facilities - particularly covered stadiums is now in the $500M to $1B range. But IMO hockey, basketball and even baseball arenas/stadiums should be privately funded. We have seen the trend over and over where a city/county/province fronts anywhere from $100M to $1B or more of taxpayer dollars to build a "state of the art" facility for a professional sports team. The bonds that pay for the facility are amortized over 30 years and the facility is expected to have a useful life of 30 - 50 years. 15 years later, the team is back pressuring the city/county/state/province to fund improvements that generally total almost as much as the original construction costs or the team will move. Currently, 4 of the 6 Canadian teams have privately owned arenas. Rogers (formerly GM) Place was built by Frank Griffiths, but he was forced to sell it (along with his interest in the Canucks) to Craig McCaw at a loss. Cost was $160M in 1996. Air Canada Centre (ACC) in Toronto was privately financed and owned by MLSE after acquiring the unfinished arena and the Raptors. Cost was $265M in 1999. Scotia Bank Centre (Ottawa) was privately funded, but financing issues caused the bankruptcy of the initial owner and sale of the team and arena to Eugene Melnyk. Cost as $170M in 1996. Bell Centre (formerly Molson Centre) was privately funded. Cost was $270M in 1996. The Saddle Dome in Calgary and Rexall Place in Edmonton are publicly owned. Darryl Katz is seeking public funding for a new arena. In the US, Madison Square Gardens (Ranger), Wells Fargo Center (Flyers), TD Gardens (Bruins), St. Pete Times Forum (Lightning), The United Center (Hawks), the Staples Center (Kings), Pepsi Center (Avalanche) - and maybe a few others are privately owned/funded. I think the American Airlines Center in Dallas was partially public. The rest of the US teams have publicly funded/owned arenas. I'm not sure if the new arena that Mike Ilitch is looking to secure for the Red Wings would be privately or publicly funded. Charles Wang is seeking to privately fund at least the arena portion of his moribund Lighthouse Project. As far as potential NHL cities go, the MTS Center in Winnipeg is privately owned, Quebec City is looking to build a private/public facility, the Rose Garden in Portland is privately owned and Seattle just lost an NBA franchise because the city/county refused to build them an new arena. Copps Colosseum in Hamilton is publicly owned. One observation is that there seems to be a fairly good correlation between financially stable franchises and team ownership of the arena.