Tag: Bob Black

Daryl Katz

Oilers ownership confirm Seattle meeting, claim interest from many cities


The Oilers are continuing their bold stand to show the city of Edmonton they’re serious about moving the franchise if the city council doesn’t give them more money for a new downtown arena.

Bob Black, the Executive Vice President, Edmonton Arena Corporation, Katz Group issued a statement confirming the group’s meeting with people in Seattle tonight to “evaluate the market.” They also made it clear Seattle isn’t the only city taking an interest in the franchise.

“Nonetheless, and as the City of Edmonton is aware, the Katz Group has been listening to proposals from a number of potential NHL markets for some time. After more than four years of trying to secure an arena deal and with less than 24 months remaining on the Oilers’ lease at Rexall Place, this is only prudent and should come as no surprise.”

Let’s sum things up quick:

— Edmonton City Council pledges $200 million to help pay for a new downtown arena

— Katz tells the council he wants more money from them for the project and they refuse to give in

— Katz says the future of the franchise in Edmonton is in jeopardy without more money and refuses to meet again with the council

The actions from Katz are hostile, at best,  and seemingly foolish given that the league is currently locking out its players. Katz might be wise to reevaluate how this whole situation looks.