Flames president Ken King releases details of bid for a new Calgary arena

Flames president Ken King told the media last week that he would be releasing details of his proposal for a new arena in Calgary and, on Thursday morning, he kept that promise. The Calgary Flames says they were willing to fork over $275M for a new arena built in Victoria Park while the city would have had to come up with $225M through what they call a Community Revitalization Levy. According to the group, the CRL would be generated from new developments in the area and not from existing tax sour