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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. Custom Chicago Cubs Jersey . 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. Travis Wood Jersey . Russia has spent about $51 billion to deliver the Sochi Olympics, which run Feb. 7-23, making them the most expensive games ever, even though as a winter event it hosts many fewer athletes than summer games do. Troy Tulowitzki Jersey . - The Oakland Raiders have promoted running back George Atkinson III from the practice squad and placed cornerback Carlos Rogers on season-ending injured reserve. http://www.officialmlbshoponline.net/Chicago-Cubs-Cyber-Monday-Ryne-Sandberg-Jersey-Black-Friday/ . - Chris Paul and Jamal Crawford hit clutch 3-pointers in the final minute and the Los Angeles Clippers beat the Utah Jazz 101-97 Friday night for their first victory of the preseason.SAN ANTONIO -- Kenny Perry made a 10-foot birdie putt on the first hole of a playoff with Bernhard Langer on Sunday to win the Champions Tours AT&T Championship. Perry and Langer each shot 5-under 67 to finish at 13-under 203 on TPC San Antonios AT&T Canyons Course. Perry saved par on the final hole of regulation with an 18-foot putt. "I made clutch putts just to even hang in there with him," Perry said. "Putter saved me." He didnt know he needed to make the long putt on 18 in regulation to remain tied with Langer, who was playing in the group behind him. "When I made that putt, I thought I had a one-shot lead and that he would have to birdie 18 to catch me," Perry said. "I look over there, and he had birdied 17. I thought, Dang, I had to make that to tie. So, I guess it was a good mindset for me to know that I was relaxed and could putt with a good speed and hit it right in the middle." Perry hit an 8-iron from 176 yards to set up the winning 10-foot putt in the playoff. "It was perfect," Perry said. "I was jacked up, downwind, lot of adrenaline. I hit it the perfect distance. It was an amazing shot. I usually hit 160 with an 8-iron. Isnt that funny what adrenaline does to you?" Perry extended his lead in the Charles Schwab Cup from 494 to 612 points entering the season-ending Schwab Cup Championship next wweek in San Francisco. Curtis Granderson Jersey. The 14-time PGA Tour winner won the Senior Players Championship and U.S. Senior Open in consecutive tour starts this summer and has five career victories on the 50-and-over circuit. "Im the guy thats being hunted," Perry said. "I think you have a different attitude when youre the hunter, and youre trying to attack. Hes in the attack mode every week, trying to catch me, and Im trying to play defence like a goalie in hockey. Im trying to block him and keep him away." The top 30 on the money list qualified for the finale, though Perry and Langer are the only players with a shot at the $1 million annuity for the points title. "Hes going in with a very large lead," Langer said. "I dont know if its over. Theoretically, its possible. Im going to play as well as I can and see what happens." Langer also lost a playoff last year in the event, falling to David Frost on the second extra hole. "I dont feel all that bad," Langer said. "I played really good golf and kept my emotions in check. I was pretty relaxed. I have no regrets whatsoever. It just turned out that one person in the field beat me in the playoff. Theres not much I can do about that." Fred Funk, Colin Montgomerie and Kirk Triplett tied for third, two shots back. Funk shot 67, Triplett had a 68 and Montgomerie a 69. Cheap China Jerseys Cheap NFL Jerseys Cheap NFL Jerseys China Cheap Jerseys From China China NFL Jerseys Cheap Jerseys Cheap Jerseys China ' ' '