The city of Newark and the state have agreed to contribute $210 million toward the arena project.
Earlier this month, the Legislature failed to give the go-ahead to the arena project for the third time in a year.
The arena project is meant to spur economic development in this economically struggling city.
Chamberlain reportedly had refused to campaign for the arena project.
They amount to nearly $200 million in cash, which the city has on hand to aid any arena project.
Smythe gave up the coaching position to concentrate on the arena project.
Despite the unclear future of the arena project, candidates have been quick to seize on it as an election issue.
Debate over government funding for the arena project is ongoing in Edmonton.
The Standard's goals have been no great mystery to opponents of the arena project.
Daniel Goldstein, another opponent of the arena project, said he did not expect a second edition.