SBD/30/Facilities Venues

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  • BUD ADAMS WILL NOT PUSH FOR NEW STADIUM FOR OILERS

         Oilers owner Bud Adams said he is "halting all efforts to
    promote" a downtown domed stadium."  Managers of the Astrodome
    said they hope Adams now begins negotiations on a new contract
    effective when the Oilers' 10-year lease expires after '97-98,
    possibly leading to a $95M expansion of the Astrodome.  The
    possibility also "looms that Adams will threaten to move his team
    to another city desperately seeking an NFL franchise" -- such as
    St. Louis, Baltimore, San Antonio or Hartford.  Meanwhile,
    Rockets management said "they have not wavered" from plans to
    seek a smaller arena that could house basketball and hockey.
    Houston Mayor Bob Lanier said he had been expecting for several
    days that Adams would "call it quits" because Adams never
    generated support from Rockets owner Les Alexander, downtown
    interests or the public (John Williams, HOUSTON CHRONICLE, 9/30).
    

    Print | Tags: Anheuser Busch, Edmonton Oilers, Facilities, Houston Rockets, NFL
  • SAINTS LEASE IS DIVINE; WILL STAY IN DOME FOR 25 YEARS

         The Saints have agreed to a deal that will keep them in the
    Superdome for another 25 years.  Under the deal, the team will
    "pay lower rent and take a larger share of game day concessions
    sales."  The state will also pick up the cost of additional staff
    at all the team's home games.  Details of the agreement: the club
    will pay about $50,000 a year less in rent under the new
    agreement, and receive 42% of the sale of certain concessions --
    an increase from the current 35%.  The "concessions by the state
    will cost at least" $4.5-5M over the life of the lease (Ed
    Anderson, New Orleans TIME-PICAYUNE, 9/29).
    

    Print | Tags: Facilities, New Orleans Saints
  • SCHOTT SAYS SHE NEEDS MORE TIME

         Reds Owner Marge Schott's "exclusive right to consider a
    possible purchase" of Riverfront Stadium has been extended until
    early December.  Schott advisor Stan Chesley, who requested the
    extension in a letter to regional leaders, said while "nothing in
    this letter should be construed in any way as a commitment ... we
    continue to go forward."  Cincinnati Mayor Roxanne Qualls said
    the agreement allows for extensions and said, "It's very
    encouraging that they believe they're making progress."  Few
    people in the city feel Schott will buy the stadium, as
    speculation is she wants to build a Camden Yard-type ballpark for
    the Reds (Richard Green, CINCINNATI ENQUIRER, 9/30).
    

    Print | Tags: Cincinnati Reds, Facilities
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