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Funding The New Arena For The Detroit Red Wings

from Bill Shea of Crain's Detroit Business,

The financing plans for the new Detroit Red Wings arena are complex. Crain’s spoke with two key figures of those plans — Glen Long, vice president of administration and CFO of the Detroit Economic Growth Corp., and Art Papapanos, DEGC vice president of board administration — to get a simplified explanation of the taxes and bonds involved. Also consulted were outside sources, research and our past reporting. Included are exclusive details about the arena itself, provided by Olympia Development of Michigan, the real estate arm of Wings owners Mike and Marian Ilitch’s business holdings.

How much will the arena cost?

The initial base price is $450 million. Problems, changes and added amenities could increase that final cost. Anything beyond $450 million must be paid by the Ilitches. The ancillary development — bars, restaurants, stores, apartments, townhomes — is at least $200 million, and will be privately financed by the Ilitches and their third-party business partners. The Ilitches are obligated to pay any arena costs beyond the $450 million. Their business empire, which includes the Little Caesars pizza chain, had $3.1 billion in 2013 revenue.

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Red Wings morning news: on Babcock, the ‘young guns’ on defense, etc.

Ahead of today's expanded training camp activities and what will probably be a Team Howe vs. Team Lindsay Red vs. White game:

It's been a wee bit frustrating to get answers from Mike Babcock that don't involve, "There are 8 exhibition games to watch and I'm going to find out then" regarding any of the Wings' young players competing for jobs on the roster.

We've already had a "Media Can't Go Through There" issue, and I can certainly tell you that Babcock's press conferences are 8-10 minutes shorter than Jeff Blashill's, and if one asks a non-pertinent question, you get one or two, "Anything else?" warnings before a, "See you, guys" means he's done for the day.

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Red Wings early overnight report: training camp day 2 video, photos, quips and quotes

In the, "It's a Saturday night in Traverse City and I've been on my feet for 13 hours, so where the hell do you think I'd go on a Saturday night? Damn straight back to the blanket fort, I mean hotel" vein:

As a complement to this afternoon's MSM and Blog Takes entry, the audio and player analyses...I'm not a fan of making readers wait for anything, so this is your early overnight report. I will probably add some "morning" stories if there's not enough stuff out there for a second entry.

First, Red Wings TV's Dan Mannes did a fine job of summarizing Day 2 of training camp in visual form (and again, please remember, if you're going to the Red vs. White game, that's now really just a 3rd full day of training camp--Team Howe vs. Team Lindsay plus practices prior to and after the scrimmage; and yes this makes sense given that training camp used to be four days long and not three):

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Celebrity and Alumni Game Tweetcap

I wish that Pointstreak had kept  a box score of the Red Wings Celebrity and Alumni game, but you're going to have to count the word of myself and all of the hockey types in attendance that the red team, a.k.a. Mike Babcock's team, won 12-10, and this guy played one of the two 25-minute halves...

I thought he looked like trouble--and I can assure you that on the radio, Ken Kal's game was fantastic...

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St. James: Good news, bad news for Mark Howe’s dad

Mark Howe's spent the last 10 days in Traverse City, and he's going to be taking part in tonight's Celebrity and Alumni game at Centre Ice Arena. Ahead of said game, Howe delivered some "good news" of a sort regarding his father to the Free Press's Helene St. James:

Son Mark Howe spent part of Saturday afternoon searching for someone to fix his iPad, specifically, to get FaceTime up and running, because this is the only way he can communicate with his dad when the two are apart. Mark is in Traverse City in his role as scout for the Detroit Red Wings, while Gordie is in Lubbock, Texas, being taken care of by his daughter, Cathy, and her husband, Bob. Gordie, 86, suffers from dementia, and was in such poor shape that in late August, he had outpatient surgery to help with spinal stenosis (an abnormal narrowing of the spinal canal), which had rendered him in debilitating pain.

​"He had a very bad summer," Mark said. "Weekly, I would send updates to my brothers and sister and my dad's friends, let them know.

​"It was pretty discouraging, pretty disheartening. If the surgery didn't help, and he didn't respond to it, then ... it wasn't good. There wasn't anything good going to come out of it."

This much is to be expected, however...

The encouragement is measured, though, because there was a seizure 10 days ago, and "he's had little mini strokes," Mark said. "There are days he's totally out of it mentally, and then he'd start getting back into it. Things are progressively getting worse for him, but I can live with that, that's part of life."

And St. James continues...

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Red Wings evening news: MSM and blog takes from the second day of Red Wings training camp

Updated at 6:13 PM: I did things a little backwards today, posting audio and "player takes" first, so pardon my slight tardiness in offering the mainstream media folks' stories from today's training camp sessions (reminder: tomorrow includes "bonus" practices from 9:45-11:15 AM and 1:20-2 PM).

MLive's Mike Mulholland, the Detroit News's David Guralnick and the Left Wing Lock's Sarah Lindneau have already posted photo galleries, and MLive's Brendan Savage took note of Daniel Cleary's comments...

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‘Quick player takes’ from the second day of Red Wings training camp

Having spent the better part of the last two days on my feet, and having spent most of that time (waiting for interviews like today's excluded) watching Red Wings coach Mike Babcock and company (in addition to assistant coaches Jim Hiller, Tony Granato and Kevin Baker, the entire Grand Rapids Griffins' stafff [Jeff Blashill, Dave Noel-Bernier and Pat Ferschweiler], the Toledo Walleye's coach [Derek Lalonde] and Jiri Fischer, Chris Chelios and goalie coaches Jim Bedard and Pat Salajko all take part in drills) reinforce and to some extent reintroduce the fundamentals of Babcockian Red Wings hockey...

To the average person, I think Day 1 (entries, o-zone, spots facing right up) and Day 2's themes (today's were "OZ forecheck, NZ forechecking, line change forecheck, set b.o. [breakout]) would've looked much the same. Lots of dumping the puck into the defensive zone and lugging it up ice, then either tagging up at the far blueline and turning back toward the end from which the drill started or going "full ice"; lots of 5-on-5 and 5-on-4 positional play, lots of line changes while teams were dumping the puck in or clearing the zone.

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One final plug for the Red Wings’ ‘Celebrity and Alumni Game’

I'm going to be spending thirteen hours at Centre Ice Arena today because I cannot in good conscience miss the, Red Wings' Alumni and Celebrity game, whose roster got a little bigger, per MLive's Brendan Savage...

Hall of Fame defensemen Chris Chelios and Mark Howe, coach Mike Babcock and general manager Ken Holland headline the rosters for tonight's Detroit Red Wings training camp celebrity/alumni at Centre I.C.E. Arena.

Chelios, Howe and Holland will play on a team that also includes Chris Osgood, TV broadcaster Ken Daniels, Dallas Drake, scout Hakan Andersson and assistant coaches Andrew Brewer and Tony Granato.

Babcock's team includes Jiri Fischer, Kris Draper, Joey Kocur, Kirk Maltby, assistant G.M. Ryan Martin, Grand Rapids Griffins coach Jeff Blashill and radio broadcaster Ken Kal.

The full roster is available on The Left Wing Lock, and if you can get tickets to tonight's game, it's really a once-in-a-lifetime opportunity to see all of the Wings' executives and scouts play against each other and see their personalities come out on ice, from Ryan Martin's relentless tenacity to Hakan Andersson's subtle playmaking. It's a helluva lot of fun, and the jerseys from the players' backs are auctioned off for charity, photo opportunity as you get the jersey included.

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Audio from the second day of Red Wings training camp: Franzen, Cleary, Babcock, Howard, Nyquist etc.

The Red Wings' players just wrapped up a hard seond day at training camp in Travserse City, most certainly working on all the topics outlined in the "lesson plan"--offensive zone forechecking, neutral zone forechecking, forechecking while changing lines and the "set B.O.," which actually means "set breakout"--and Team Delvecchio defeated Team Lindsay 4-0, with Danny DeKeyser registering 2 assists and Joe Hicketts scoring yet another clutch goal (and injury-wise there were no surprises; Brennan Evans and Andy Miele aren't taking part in the camp thus far, but everyone else is here).

I'm going to try to stick it out for the Celebrity and Alumni game that takes place tonight at 7 (Babcock told me he's going to take part in it), and as tomorrow's training camp schedule was tweaked so that there's a full third day of practices going from 9:45 AM until 2:15, let's just say that it's entirely possible that tomorrow's coverage may be a little lighter (and the C & A game recap will be brief) as I'm trying to not completely drive myself into the ground here.

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Red Wings morning news: on health, Helm, Tatar, Smith and ‘long changes’

This is going to be a very long day for me as I plan on trying to take in both today's training camp sessions (FYI: Pointstreak automatically posts the box score of the day's scrimmage; today it's Team Lindsay vs. Team Delvecchio) and tonight's Celebrity and Alumni game (7 PM); I'm not sure if that's feasible given that Sunday morphed from just the Red vs. White game to another full day's worth of practices, but I'll give 'er a go.

Anyway, in addition to the Metro Detroit-based media and blogosophere, Traverse City's media corps was out in full force today, with the 7&4 News's Harrison Beeby positing a first-day-of-camp video..

And the Traverse City Record-Eagle's James Cook duly noted that the Wings' players were quite relieved to be going into training camp with an almost completely healthy roster:

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About The Malik Report

The Malik Report is a destination for all things Red Wings-related. I offer biased, perhaps unprofessional-at-times and verbose coverage of my favorite team, their prospects and developmental affiliates. I've joined the Kukla's Korner family with five years of blogging under my belt, and I hope you'll find almost everything you need to follow your Red Wings at a place where all opinions are created equal and we're all friends, talking about hockey and the team we love to follow.

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