SBD/19/Facilities Venues

Print All
  • BENGALS GM CALLS FOR NEW STADIUM IN CINCINNATI

         Bengals' GM Mike Brown told the Cincinnati Business
    Committee [CBC] that his team "would suffer financially without a
    new stadium."  The CBC has been studying a renovation plan for
    Riverfront Stadium, but Brown said that would "leave his team
    with $5.5M less in annual revenue than the estimated average of
    an NFL stadium during the years 2000-2011."  Brown said, "We do
    not want to leave here.  We are going to work our hardest to make
    it work here."  His remarks came a day after Cleveland Browns
    owner Art Modell called on OH legislators to consider ways to
    finance stadium improvements for the Browns, Bengals and the
    Reds.  Brown said he was "intrigued" by Modell's idea of state
    financing for both projects, but Richard Green reports it is
    unlikely any plans will "immediately" come out of the statehouse
    (Richard Green, CINCINNATI ENQUIRER, 10/18).
    

    Print | Tags: Canadian Broadcasting Corp., Cincinnati Bengals, Cincinnati Reds, Cleveland Browns, Facilities, NFL
  • COOKE EXPANDS SEARCH FOR BALTIMORE/WASHINGTON SITES

         Redskins owner Jack Kent Cooke announced yesterday that he
    is looking at MD properties other than Laurel on which to build
    his new stadium.  Cooke said Laurel is still the "first choice"
    but Stadium Project Manager Walter Lynch said the team has been
    "swamped" with alternative land offers.  "Some observers who have
    been close to the yearlong process" of gaining stadium approval
    see Cooke's announcement as a "message" to the NFL and the Rams,
    reinforcing Cooke's intention to "move into the Maryland football
    market."  When asked if he had eliminated Baltimore as a
    potential stadium site, Cooke said, "That is my business."
    Rumored MD sites include USAir Arena in Landover and the former
    Freestate Raceway in North Laurel.  Cooke "did not appear to rule
    out" VA and DC sites.  DC mayoral candidate Marion Barry said the
    announcement "doesn't affect us":  "We're moving full steam
    ahead" (Katherine Richards, Baltimore SUN, 10/19).
    

    Print | Tags: Facilities, NFL, St. Louis Rams, Washington Redskins
  • REPORT ON NEW DALLAS ARENA COMES UP SHORT ON LUXURY SUITES

         Dallas community leaders yesterday were given a report which
    recommends that Reunion Arena be demolished upon completion of a
    new, state-of-the-art facility.  The report, commissioned by the
    Dallas City Council, further recommends that a new arena have
    only 60 luxury suites, down from earlier proposals of 144 suites.
    The total cost of the 22,000-seat arena is estimated at $170M --
    down from earlier estimates of $187M.  The 46-page report does
    not make recommendations on how to finance the new arena, but
    several Dallas council members said they hope that the city will
    pay only a third -- and certainly no more than half.  Stars
    President Jim Lites said that a arena with only 60 luxury suites
    would be a "mistake": "Luxury suites are an important part of the
    deal.  There's no arena being built anywhere with two teams that
    has less than 100 boxes.  They'd be ill-advised to build less."
    The report was prepared by a team of consultants, including
    Ellerbe Becker and Austin-Turner Arena Group, a venture of Austin
    Commercial and Turner Construction (Sylvia Martinez, DALLAS
    MORNING NEWS, 10/19).
    

    Print | Tags: Dallas Stars, Facilities, Southwest Sports Group
  • SABRES' NEW CROSSROADS ARENA GETS GO-AHEAD VOTE

         The Buffalo City Common Council voted unanimously yesterday
    to release $2.7M to begin immediate construction of the Sabres'
    new arena.  A "key element" to gain support from black Council
    members is an affirmative action agreement allocating 25% of
    contracts and jobs to minority and female-owned businesses.
    Formal NHL approval is still required for the clause in the
    contract that the Sabres remain in Buffalo for 30 years, but
    Sabres point man Larry Quinn said the NHL has "basically signed
    off on the transaction" (Kevin Collison, BUFFALO NEWS, 10/19).
    Council member Gene Fahey:  "We have put ourselves in the
    position so we won't be Al Davis-ed" (AP/OTTAWA CITIZEN, 10/19).
         TO BE DETERMINED:  Lease discussions remain between the city
    and Sabres-controlled Crossroads Arena Corp., but city attorney
    Arnold Gardner said talks are progressing.  The city will receive
    $500,000 in annual ground rent and a "share in potential
    profits."  The city and the team must also negotiate payment of
    $11M in infrastructure associated with the arena.  Buffalo has
    already pledged $10M for the arena and Public Works Commissioner
    Joseph Giambra says the infrastructure costs will have to compete
    with other city needs.  The city has invested $6.5M so far to
    purchase land and raze existing buildings.  $45M in county and
    state funds for the arena are awaiting $67.5M in private
    financing (Kevin Collison, BUFFALO NEWS, 10/19).
    

    Print | Tags: Buffalo Sabres, Facilities, NHL
  • YANKEE SEAT SALE TO FUND NEW TAMPA TRAINING SITE?

         Officials from Hillsborough County and the Yankees hope to
    raise $2M toward the construction of a Yankees spring training
    complex in Tampa through the "Yankee Backers" fundraiser
    beginning this Saturday.  The drive will sell 10,000 brass name
    plates for seats in the new complex, ranging from $100-1000 for
    seats behind home plate (Kevin Walker, TAMPA TRIBUNE, 10/19).
    

    Print | Tags: Facilities, New York Yankees, YankeeNets
Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug