Back in December, Pando reported on how Michigan and Detroit officials were simultaneously pleading poverty to justify cuts to municipal workers’ average $19,000-a-year pensions all while promising to keep spending taxpayer cash on a new professional hockey stadium. Now, the Detroit Free Press reports that on top of the money taxpayers spent to finance the stadium and to give the Red Wings a rent-free stadium, the deal will mean a loss of “$7 million in revenue the city received annually from the team’s home games.” Under the agreement, the newspaper reports the Illitch family that owns the Red Wings “will no longer have to share 10% of ticket proceeds, 7% of suite sales, 10% of food and beverage concessions, 5% of souvenir sales and other revenue from parking.” The Free Press adds that “all of that money would belong to the Ilitches.”