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Article content The results of months of confidential negotiations between the city and the Calgary Flames ownership group were publicly released this week, revealing that the cost overruns clause from the deal for the new facility had been triggered. That means the city and the Calgary Sports and Entertainment Corp. (CSEC) split an additional $25-million contribution to the building, adding up to a new cost of $575 million. We apologize, but this video has failed to load. Try refreshing your browser, or City council OK s terms to restart arena work after months on pause Back to video But creating the Saddledome’s replacement was set to be even costlier, with the current price tag estimated at $608.5 million. City manager David Duckworth told council Wednesday that change led to lengthy talks to find a solution.

Naheed nenshiJeromy farkasJyoti gondekDavid duckworthMadeline smithJeff davisonEntertainment corpPostmedia network incCalgary municipal land corpCalgary flamesCalgary sportsStampede parkCalgary municipal landMayor naheed nenshiPostmedia networkStreet east