Selig Defends Ricketts Family A's, County Continue Ballpark Spat Heat, Miami Mayor At Odds Over Lease Liverpool Reaches Deal Over Anfield Renovation Populous Set To Move K.C. HQs Facility Notes Wrigley Field Celebrates 100 Years Warriors' Waterfront Plan Faced Long Review Nashville Sounds Strike Naming-Rights Deal Warriors Shift Arena Plans To Mission Bay
Upcoming Conferences and Events
SAINTS LEASE IS DIVINE; WILL STAY IN DOME FOR 25 YEARS
Published September 30, 1994
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).