"I've received confirmation that the Dec. 31 deadline to proceed to construction phase has lapsed and the Calgary arena deal will be winding down," said Sportsnet contributor Ryan Pike.
"It's official: the City's arena deal with the owners of the Calgary Flames has been terminated. The two parties had to agree by late on Dec 31 to proceed to construction and that did not happen. City manager says the deal will not be resurrected," said Scott Dippel of CBC News.
"The deal struck in summer of 2019 envisioned a $550 m deal [with] costs split equally between CSEC ( Calgary Sports & Entertainment Corp) & the City. In addition, the City provided land, 90% demolition of the 'Dome, excess flood/site remediation, & levies. Total City contribution: $275m + $22.4m = $297.4 plus land." said Calgary Mayor Jyoti Gondek on December 22nd.
Gondek added the City was then asked to cover cost overruns, something she did not support.
"The City came to the table to assist with $6.4m in roadways leaving $9.7m for the Flames. Based on this gap, CSEC informed me they are walking away from our deal," said Gondek.
The new arena, had it been built, was set to open in 2024.
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YESTERDAY
APRIL 25, 2026
| ||||
| G | A | PTS | ||
| Sebastian Aho | 2 | - | 2 | |
| Drake Batherson | 1 | 1 | 2 | |
| Sidney Crosby | 1 | 1 | 2 | |
| Brock Faber | 1 | 1 | 2 | |
| Taylor Hall | 1 | 1 | 2 | |
| Rickard Rakell | 1 | 1 | 2 | |
| Matt Duchene | - | 2 | 2 | |
| Seth Jarvis | - | 2 | 2 | |
| Kirill Kaprizov | - | 2 | 2 | |
| Mikko Rantanen | - | 2 | 2 | |
| Carter Yakemchuk | - | 2 | 2 | |
| Denver Barkey | 1 | - | 1 | |
| Matthew Boldy | 1 | - | 1 | |
| Dylan Cozens | 1 | - | 1 | |
| Connor Dewar | 1 | - | 1 | |
| Marcus Foligno | 1 | - | 1 | |
| Miro Heiskanen | 1 | - | 1 | |
| Travis Konecny | 1 | - | 1 | |
| Kristopher Letang | 1 | - | 1 | |
| Jason Robertson | 1 | - | 1 | |
| COMPLETE STATS | ||||
| 2025-2026 NHL STANDINGS | ||||||
| GP | W | L | OL | PTS | ||
| Sabres | 82 | 50 | 23 | 9 | 109 | |
| Lightning | 82 | 50 | 26 | 6 | 106 | |
| Canadiens | 82 | 48 | 24 | 10 | 106 | |
| Bruins | 82 | 45 | 27 | 10 | 100 | |
| Senators | 82 | 44 | 27 | 11 | 99 | |
| Red Wings | 82 | 41 | 31 | 10 | 92 | |
| Panthers | 82 | 40 | 38 | 4 | 84 | |
| Maple Leafs | 82 | 32 | 36 | 14 | 78 | |
| GP | W | L | OL | PTS | ||
| Hurricanes | 82 | 53 | 22 | 7 | 113 | |
| Penguins | 82 | 41 | 25 | 16 | 98 | |
| Flyers | 82 | 43 | 27 | 12 | 98 | |
| Capitals | 82 | 43 | 30 | 9 | 95 | |
| Blue Jackets | 82 | 40 | 30 | 12 | 92 | |
| Islanders | 82 | 43 | 34 | 5 | 91 | |
| Devils | 82 | 42 | 37 | 3 | 87 | |
| Rangers | 82 | 34 | 39 | 9 | 77 | |
| GP | W | L | OL | PTS | ||
| Avalanche | 82 | 55 | 16 | 11 | 121 | |
| Stars | 82 | 50 | 20 | 12 | 112 | |
| Wild | 82 | 46 | 24 | 12 | 104 | |
| Mammoth | 82 | 43 | 33 | 6 | 92 | |
| Blues | 82 | 37 | 33 | 12 | 86 | |
| Predators | 82 | 38 | 34 | 10 | 86 | |
| Jets | 82 | 35 | 35 | 12 | 82 | |
| Blackhawks | 82 | 29 | 39 | 14 | 72 | |
| GP | W | L | OL | PTS | ||
| Golden Knights | 82 | 39 | 26 | 17 | 95 | |
| Oilers | 82 | 41 | 30 | 11 | 93 | |
| Ducks | 82 | 43 | 33 | 6 | 92 | |
| Kings | 82 | 35 | 27 | 20 | 90 | |
| Sharks | 82 | 39 | 35 | 8 | 86 | |
| Kraken | 82 | 34 | 37 | 11 | 79 | |
| Flames | 82 | 34 | 39 | 9 | 77 | |
| Canucks | 82 | 25 | 49 | 8 | 58 | |
COMPLETE STANDINGS | ||||||