St. Pete Denies Rays' Ballpark Search Deal Levine: Yankee Stadium Can House MLS, MLB Sabres Impressed With HarborCenter Facility Braves Add Land For New Ballpark Parking Rice Univ. Upgrading Football Stadium Facility Notes DC United Finalizes New Stadium Approval Redskins Nix Chinese-Built Wi-Fi System Deal NASL Team Owner Discusses MLS Plans Vinik Unveils Building Plan Near Amalie Arena
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).