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Posted: 5:10 PM Jun 26, 2009
Red Wings Opt Out of Joe Louis Arena Lease
Future Uncertain for Red Wings relative to an arena.
Reporter: from Tim Staudt Email Address: tim.staudt@wilx.com |
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The Red Wings had until next Tuesday to notify the city of Detroit if they would exercise their option on another 20-year lease that would have automatically kicked into place-- but the Red Wings said Friday they will look to renegotiate their deal. They don't like the deal they have for Joe Louis Arena and want a better one-- while at the same time they will still explore options for possibly building a new arena down the road.
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