The NHL and NHLPA are working to make sure that any future NHL-Steelers trade will include a steel frame.
The NHLPA and the NHL are working together on a new, one-time $30 million incentive package for the team to replace the existing steel pipes that are installed in the NHL’s buildings.
That incentive package, which will be presented to the NHLPA’s executive board this week, is part of the $50 million in new investments in hockey facilities that were announced earlier this week by the NHL and the city of Chicago.
The $30,000 incentive package will be awarded to the Steel City, a project that is being built in St. Louis, Mo.
It will include $8 million to expand the existing NHL arena, and $5 million to renovate the existing arena and add additional locker rooms and concourses.
The other $30-million package is to cover the $40 million construction and renovation of the existing hockey facilities, including the NHL Center Ice building, the Chicago Arena, the new IceWorks facility and the new NHL Training Center.
The city of St. Clair Shores, Ill., where the NHL has its headquarters, is also getting an $8.5 million upgrade to the IceWorks complex, which is scheduled to open in 2021.
The money is part, but not the only, part of an $11.5-billion hockey modernization plan that will be unveiled in a few weeks by Mayor Dave Thomas.
The new modernization plan will also include $5.5 billion for NHL-owned infrastructure projects, including an $80 million expansion of the NHL Network.
The new modernization initiative will be an integral part of a $10.4-billion infrastructure plan announced last week by Mayor Rahm Emanuel.
It includes $5 billion in federal tax credits for the construction of new arenas, a $6.5.2 billion tax credit for new high-rise residential projects and a $2.5 Billion in federal infrastructure funding for the Chicago area.
The $10-billion spending plan also includes $1.5-$2.0 billion in new tax incentives for the private sector.
The entire $5- billion spending plan will be announced in a press conference on Wednesday, but here are some of the key elements that are expected to be announced: