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Closing Bell

Nationals Park Debt May Be Paid Off Decade Earlier Than Expected

DC collected more than $30M in FY '17 from its Nationals Park fee, and the ballpark bonds "could be paid off" as soon as '26, a "decade earlier than required." At $31.1M, the FY '17 ballpark fee haul is "more than double the minimum" $14M "required under the stadium financing law to cover the bond debt service." And in FY '18, estimates show DC will "collect even more" -- $33.9M. The fee revenue "fluctuates year to year, but is generally" in the $30-40M range (BIZJOURNALS.com, 11/30).

SBJ Morning Buzzcast: May 31, 2024

Friday quick hits; Skipper/Levy behind Unrivaled, to launch in '25 around 3x3 concept; basketball and pickleball show big participation growth in U.S.

Kate Abdo, Ramona Shelburne and a modern day “Heidi Moment”

On this week’s pod, CBS Sports’ Kate Abdo gets us set for the UEFA Champions League final. ESPN’s Ramona Shelburne shares what went into executive producing her upcoming FX mini-series, "Clipped," about the Donald Sterling saga, and SBJ's Mollie Cahillane joins to tell us who's up and who's down in sports media.

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