Though many people, including myself, have been critical of Katz for not speaking more to the public about his intentions, he answered all those questions as of late. Clearly, a man working this hard to put money into an arena that he's not going to own must be pretty busy. He's putting $100 million of his own money into a City of Edmonton arena—the Winter Garden. The proposed $1 billion mall, hotel, arena and student residence super complex even comes with a practice arena.
I think he deserves some privacy for that kind of dedication.
In his rare public moment, Katz addressed the team's recent poor performance in the standings and the eventuality that GM Steve Tambellini will be faced with overhauling the team in a series of trades and draft choices.
It won't be easy, but Katz has given Tambellini the green light.
Most importantly, Katz addressed the team's need to pursue greatness. Katz is it in for the long run to make this a better—no, an elite team.
He wants it as the team owner.
He wants it as an Edmontonian.
He wants it as a fan.
And that, my friends, is the most important reason.