SBD/26/Facilities Venues

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  • ATLANTA TRIES TO KEEP HAWKS FROM SOARING NORTH

         The city of Atlanta has yet to propose a plan for a new
    arena for the Hawks.  This comes four months after the city
    "vowed to wage a spirited campaign" to keep the team from moving
    to a state-of-the art arena in the north suburbs.  Although Mayor
    Campbell set up a special city/Fulton County task force to form a
    proposal, discussions between the Hawks and the council have been
    "infrequent."  Hawks VP Lee Douglas said they have "a lot of
    activity going on" and that there have been talks with IHL
    Atlanta Knights owner Richard Adler about a possible joint
    venture in Alpharetta.  The Hawks have been looking at several
    proposals for an arena/ amphitheater complex at several suburban
    areas, and two downtown sites (Ailene Voisin, ATLANTA
    CONSTITUTION, 9/24).
    

    Print | Tags: Atlanta Hawks, Facilities, Time Warner
  • HAVE GUND, WILL SPONSOR

         Gordon Gund, principal owner of the Cavaliers, is "paying
    $14M over 20 years to have the Gateway arena named the Gund
    Arena."  Four other entities bid for naming rights, although only
    KeyCorp and McDonald & Co. Securities Inc. were "publicly linked
    to negotiations."  Gund will pay the same price that Indians
    owner Richard Jacobs paid for the rights to Cleveland's new
    baseball stadium.  The $28M from the two deals will help pay off
    a $120M loan from Cuyahoga County (Harry Stainer, Cleveland PLAIN
    DEALER, 9/25).
    

    Print | Tags: Cleveland Cavaliers, Cleveland Indians, Facilities
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