Back in Glendale, council members are damned if they do, damned if they don't. The Faustian bargain they're presented with means that either they use public money to enrich local hockey players and millionaires while fans stay away in droves, or they vote no and the team leaves, presenting them with an empty arena and massive loan payments to cover.
In essence, town council is asked to chip in $15M/year to the Renaissance Group, a consortium of
The kicker is that the Renaissance group can up and leave in five years if certain conditions aren't met, but the city of Glendale has no such out-clause, they're bound for the whole 15 years.
Meanwhile, the good people of Québec are still building an arena to hand over to Pierre-Karl Péladeau, so he can ice a reborn Nordiques franchise, and charge them exorbitant fees for tickets and seat licences and cable fees to watch the games, over a cable system that he, incidentally, also owns.