The Hurricanes have clinched a 20-year lease extension at the PNC Arena, securing their presence until the 2043-44 season. The agreement encompasses substantial renovations, including the creation of an energetic sports and entertainment district. With investments totaling $300 million from the City of Raleigh and Wake County, the deal also involves Gale Force entering a ground lease for PNC Arena's surroundings.
Remarkably, Bettman's support includes commitments for significant events. Within three years of the renovations' completion, the NHL will bring another All-Star Game to Raleigh. Additionally, the Hurricanes are slated to host another Stadium Series Game within five years of the project's conclusion.
This noteworthy development comes as the Hurricanes invest $300 million into their locale and secure a promising future. Despite some smaller market teams like the Seattle Kraken feeling overlooked, this move underscores the NHL's balance between financial interests and game growth.
POLL | ||
18 AOUT | 169 ANSWERS Gary Bettman Promises American Team an All-Star Game and Fans Aren't Happy Would you attend an all-star game in Edmonton? | ||
Yes | 108 | 63.9 % |
No | 61 | 36.1 % |
List of polls |