Calgary Sports and Entertainment explained

Calgary Sports and Entertainment Corporation
Type:Private
Foundation:1980 (as Calgary Flames Limited Partnership)
2012 (reorganized as CSEC)
Location:Calgary, Alberta
Key People:N. Murray Edwards, Chairman
John Bean, CEO
Industry:Sports, Property management
Products:Professional sports teams, Arenas
Owner:N. Murray Edwards
Alvin Libin
Allan Markin
Jeffrey McCaig
Byron Seaman
Subsid:Calgary Flames
Calgary Hitmen
Calgary Stampeders
Calgary Roughnecks
Calgary Wranglers
Scotiabank Saddledome

The Calgary Sports and Entertainment Corporation (CSEC) is a privately owned professional sports and entertainment company based in Calgary, Alberta, Canada formed in 2012 and owned by N. Murray Edwards, Alvin Libin, Allan Markin, Jeffrey McCaig, Clay Riddell, and Byron Seaman.[1]

It succeeded the Calgary Flames Limited Partnership (CFLP), which represented the group that has owned the Calgary Flames of the National Hockey League (NHL) since 1980. CFLP subsequently acquired ownership of the Calgary Hitmen of the Western Hockey League (WHL), the Calgary Roughnecks of the National Lacrosse League (NLL), the Calgary Stampeders of the Canadian Football League (CFL), and the Calgary Wranglers of the American Hockey League (AHL). The group also manages the Scotiabank Saddledome arena in Calgary. It formerly owned the Adirondack Thunder of the ECHL until selling it to a local ownership group. CSEC is privately owned by the six owners that formed the CFLP, minus Clay Riddell, who died in 2018, and is chaired by N. Murray Edwards. Ken King was the chief executive officer until his death in 2020.[2]

Assets

Calgary Sports and Entertainment owns and operates five franchises based in Calgary including the Flames' minor league affiliate, the Calgary Wranglers. Additionally, CSEC has a management agreement with the City of Calgary to operate the Scotiabank Saddledome arena which serves as the home venue of the Flames, Hitmen and Roughnecks.[1] In August 2015, the CSEC proposed a new multi-purpose sports venue in Calgary.

Team League Founded Owned since
May 21, 1980
1995 June 1997[3]
2001 June 2011[4]
1945 March 2005 (minority stake)
March 2012 (controlling interest)[5]
1993[6]

Notes and References

  1. Book: Hanlon . Peter . Kelso . Sean . Thomas . Rob . 2013–14 Calgary Flames Media Guide . . 2013 . History of the Franchise . 4 . https://www.sportsarchive.net/documents/2744#page/n5/mode/2up . 2024-07-09.
  2. News: Odland . Kristen . Burke era starts in Calgary . Calgary Herald . September 6, 2013 . E1.
  3. News: Mark . Miller . Hitmen finally go up in Flames . Calgary Sun . S5 . June 14, 1997.
  4. News: Spencer . Donna . Flames dive into professional lacrosse . Canadian Press . June 14, 2011.
  5. News: Maki . Allan . Flames buy control in Stampeders . The Globe and Mail . Toronto, ON . March 30, 2012 . S5.
  6. Web site: Newspaper downplays original story on Heat move. AbbyNews. February 24, 2013.