So Much For That "Second Arena In Toronto" Idea...For Now...

((HT: Sportsnet))

Remember all that talk about having a second team in Toronto for the NHL...???

That idea is getting shelved for the now...

The City Council voted 11-2 Wednesday night against using any public funds to build an NHL-sized arena. That vote pretty much kills the plan with businessman Graham Roustan, the CEO of GTA Sports and Entertainment, to build a 20,000-seat arena.

Roustan would pay for half while the city would have paid for the other half of the C$162.5-million cost... but, then, Roustan said he would put up C$200-million last week, but that idea didn't work either...

The City Council has now decided to study that second proposal further, and there's no idea as to when the Markham Arena idea would be revisited.

Here's Damien Cox with FOSG Elliotte Friedman discussing the issues with the Markham Arena idea before it got voted down with NHL player agent Anton Thun...

The HQ believes that a second franchise in the GTA would be a success- unquestionably...

The deal just has to be the right deal...