Something must be done soon. Any excuse to get someone other than the city to build or at least help for a stadium is all fine with me.
Ivor Wynne days are truly numbered. If you go by the stadium today, you will see construction crews installing all new stairwells on the South side, because no engineer would pass them for the upcoming season. Bandage after bandage. The whole place with need repaired/replaced in a few years. The cost will not be cheap.
It comes down to how much money is the city willing to spend to just fix up an old place. When that cost reaches many millions a year, why not built new? Added revenue for parking, concessions, sponsers entices even more.
A new stadium can be built for under 200 mill. Billionare Bob could give 30, McMaster and Hamilton, 30 mill more. If you could get someone to help foot the rest of the bill, go for it. The city could spend over 20 million over a few years on repairs anyway. I believe they already have a yearly 1.4 million budget on IWS already.
If all the "games" stadium options fall through, you will see IWS completely revamped. They can only hold off so long. I, along with many others would love a new venue. The notion that sightlines will be lost is ridiculous. I will admit than IWS has 7 rows DANGEROUSLY too close to the action and you will never replicate them, but for the other 25 000 seats, they will be better to sit in and view. If you have ever walked up the stands, the steps are HUGE, the stadium is very graduall.