Here's some info on the arena deal/lease in Columbus:
"When voters rejected a plan to build a new NHL arena in Columbus, OH, a complex financing plan was put together to help Nationwide Insurance build a privately funded arena for the new team.
While the $150 million, 18,500-seat arena is being built by the insurance company, the county's convention authority invested $11.7 million in buying land for the arena. It will get $150,000 a year back during the arena's first 10 years, $165,000 a year back from year 11 to year 25, then $165,000 plus an inflation adjustment through the arena's 50th year.
The payments will be made from the $3 million a year the NHL Bluejackets will pay annually in lease payments. After 10 years, the team's lease grows to $3.3 million and any agreed-upon increases.
At the end of 50 years, the convention authority owns the arena unless Nationwide exercises an option to buy it."
http://hockey.ballparks.com/NHL/ColumbusBlueJackets/articles.htm
GHOST