t. "For the Katz Group and the Edmonton Oilers,

The Edmonton Oilers announced on Tuesday that the citys downtown arena project has been given the green light to begin construction in next month and the teams new home will be scheduled to open in the fall of 2016. The City of Edmonton and Katz Group said that the $480 million Guaranteed Maximum Price (GMP) for Rogers Place has been met. "For the Katz Group and the Edmonton Oilers, we have always believed Edmontons need for a new arena was a huge opportunity to help transform our downtown into the vibrant, diverse and dynamic community that is the hallmark of every great city," said Oilers owner Daryl Katz in a statement. "We couldnt be more excited to see that vision becoming a reality and I want to thank Mayor Iveson, City Council, former Mayor Stephen Mandel, and the entire team at the City and everyone else who has laboured over this project for years for their tenacity and faith in this project." In addition to the $480 million for the arena, the cost was also confirmed through the GMP process for the four other components of the project - a community rink, Winter Garden, LRT connection and pedestrian pedway. The total price for the arena project is $606.5 million, which includes a $2 million contribution from MacEwan University towards the community rink to increase capacity and improve functionality. "This is an exciting day for Edmonton as we move ahead with a project that will help realize our vision of a more vibrant downtown and ensures that the Edmonton Oilers remain a vital part of our city for years to come," said Edmonton Mayor Don Iveson. "The look of Rogers Place is bold and forward-looking, just like Edmonton. As part of our downtown vision, it will serve as a symbol of our citys great future." The GMP process means that the construction manager bears all risk for cost increases in labour and materials throughout the project, protecting the City and Katz Group from having to pay more if the costs change. The new arena will seat 18,641 for hockey, with added corporate suites, wider concourses and diverse amenities. The Oilers have played out of Rexall Place since 1974 - when it was called Northlands Coliseum. Brett Hull Jersey . The announcement was made by the hall on Friday, March 14. She joins Switzerlands Denise Biellmann as this years inductees to the Hall, based in Colorado Springs, CO. Jamie Benn Jersey .Y. -- Defenceman Ryan Murphy had a goal and an assist and Drew MacIntyre made 24 saves to help the Carolina Hurricanes beat the New York Islanders 4-2 in an exhibition game Wednesday night. http://www.authenticstarspro.com/John-klingberg-stars-jersey/ . With the team he supported as a child on the verge of reaching the Champions League semifinals for the first time in 19 years, Ba instead scored the goal that knocked them out. Mattias Janmark Jersey .com) - Joique Bells touchdown run in the fourth quarter gave the Detroit Lions a 20-14 victory over the Chicago Bears on Sunday. Custom Dallas Stars Jerseys . It was the quickest three-goal sequence in Olympic history, with the latter two coming just eight seconds apart. Kessel, Lamoureux and Kendall Coyne all scored twice for the Americans, and Molly Schaus made 10 saves in her Sochi debut.After tying up their opening-round series in Brooklyn, the Raptors have an opportunity to do something they havent done in nearly 13 years. Toronto hasnt led a playoff series since 2001 and has been fighting an uphill battle with the Nets from the moment Game 1 tipped off last weekend. Now, with home-court advantage on their side once again, can they finally take control and impose their will on the Nets? TSN 1050s Josh Lewenberg and Duane Watson preview Wednesdays Game 55 in another playoff edition of the Raptors Report podcast.dddddddddddd. Does the momentum belong to Toronto after a dominant six-minute stand that sealed their Game 4 victory? How much of a concern are the injuries to Kyle Lowry and Amir Johnson moving forward? What can the team do to get Terrence Ross going and how might the Raptors struggling sophomore alter the course of this series if he finds his rhythm? Click here for the podcast. 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