Follow the mud-caked street past the collection of work trucks and garbage bins and you’ll find George Gosbee’s place. It’s the one with the water mark that sits halfway up the front garage door.
From the outside, the Gosbee house still appears rather majestic; the inside looks as if it were decorated by vandals. The floors are stripped to the wood. In some places, there’s no wood at all, just big holes that lead to more dried-out dirt. The walls have been taken down to the studs, wires hang out. The basement is worse.
You can almost hear the joists and support beams rotting, which means the home to one of Calgary’s most prominent businessmen – and National Hockey League commissioner Gary Bettman’s new best friend – is more than a fixer-upper. It is flood ravaged and in far worse shape than the soon-to-be-renamed Arizona Coyotes, the NHL-run desert franchise that is expected to become another Gosbee property.
Normally during Stampede week, Mr. Gosbee, the chairman, president and CEO of AltaCorp Capital Inc., courts investors and attends barbecues galore. This summer, he has been trying to close on his group’s purchase of the long-troubled Coyotes (hence his buddy status with Mr. Bettman) and now, like so many other Albertans, he is dealing with a displaced family and a gutted home.
Fortunately for Mr. Gosbee, his wife and three children, he has the financial wherewithal to recover. He has also been a neighbourhood…