Bowser wrote:EPP - There's no way the Penguins go for Rendell's Plan B that has $150 million from Harrah's/Barden and it excludes the $90 million state line item. The Penguins have been very adamant about wanting the same type of deal the Pirates received, which comes to about $47 million of private investment by the ownership. The current group is done in this regard so unless the new owners agree this deal, I believe any Plan B talk is a waste of time and effort.
That's kind of my point. I'm all for IoC. But if the fix *is* in, how can we still build an Barn and retain the team. One way is Barden/FC kicking in, but they'd have to kick in significantly, and I'm doubting they match IoC $290 Million. Rather they may feel that a lower number would eliminate the 'Arena advantage' IoC has and get them back in the game (pardon the pun).
The $47 million number sounds about reasonable as a "Magic Number" for the Pens.
In any case, even if both barden and FC FULLY FUND a new Barn, I still think IoC is the best option for Pittsburgh. It's the only one that rebuilds the lower hill. Remember the Pens vision of an Arena is probably only going to get built if the IoC plan goes through. FC could say "Hey, if we're building an Arena, we're building it on across from "The Point" on the other side of the Ft. Pitt Bridge from the slots parlor. (yes I know all about the traffic jams that would cause, but we're talking FC here)