SBD/20/Facilities Venues

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  • BASEBALL GIANTS CONSIDER PANTHER PLAN TO FINANCE NEW STADIUM

         The S.F. Giants, eager to build a new stadium, are
    considering a seat-licensing strategy similar to that employed by
    the Carolina Panthers in which season-ticket holders can purchase
    the long-term rights to their seats, which can then be sold or
    kept in the family for generations.  In order to finance a $220M
    football facility, the Panthers sold permanent seat licenses for
    as much as $5,400.  Without endorsing the Charlotte plan, Giants
    Senior VP Pat Gallagher said the team probably would have to
    similarly finance a new stadium:  "We're going to have to be very
    creative.  We'll have to come up with a business solution as
    opposed to a political solution. ... Our long-term plan is that
    the fans deserve, at some point, to look forward to a new
    ballpark" (Michael Martinez, SAN JOSE MERCURY NEWS, 10/20).
    

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  • BOSTON MAYOR BACKS NOT-SO-MEGAPLEX

         Boston Mayor Thomas Menino came out in favor of a "slimmed-
    down proposal" on Boston's proposed Megaplex -- a $440M "stand-
    alone" convention center, without a stadium.  Menino's position
    is at odds with Gov. William Weld's proposed $700M combination
    convention hall/football stadium.  Menino's plan is expected to
    "reignite debate" in the MA Legislature.  Of the three possible
    sites detailed by the Boston Redevelopment Authority (BRA), there
    are plans for a convention center or a stadium, but not both.
    Senate President William Bulger:  "The lack of a stadium may be a
    problem for some people."  But the Boston Redevelopment Authority
    concluded that the disadvantages of adding a stadium far
    outweighed the advantages (Kindleberger & Vaillancourt, BOSTON
    GLOBE, 10/20).  Menino's plan -- "without the costs and
    controversy of a domed stadium" -- could see legislative action
    "within months" (Phil Primack, BOSTON HERALD, 10/20).  A HERALD
    editorial supports Menino and urges officials to adopt a proposal
    that is a "doable" plan (HERALD, 10/20).
    

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  • MARINERS RETRACTABLE ROOF NECESSARY TO LONG-TERM LEASE

         Mariners CEO John Ellis told the editorial board of the
    SEATTLE POST-INTELLIGENCER yesterday that the team will not sign
    a long-term lease on a new stadium unless a retractable roof is
    included.  The retractable roof adds $20-32M in costs to the
    $223M project.  King County stadium task force officials have
    "questioned the cost-effectiveness" of the roof since a KPMG Peat
    Marwick study released last month stated that such a feature
    "represents the highest cost alternative for a relatively nominal
    gain in attendance and revenue generating capability."  Some
    members also believe the issue of weather is "irrelevant" since
    rainouts were sparse last year at the Tacoma Tigers' roofless
    stadium.  Team officials say they want the retractable roof to
    "guarantee fan comfort."  Ellis "rejects the notion" that the
    team should pay for the roof and "said a more attractive building
    could double stadium revenues ... without any increase in
    attendance."  Ellis:  "We have the potential to be the Northwest
    team.  We need a facility that will make it possible for us as a
    region to realize that potential."  Ellis' reaction if the task
    force decides not to include a roof on the new stadium:  "Don't
    build it" (Angelo Bruscas, SEATTLE POST-INTELLIGENCER, 10/20).
    

    Print | Tags: Detroit Tigers, Facilities, Seattle Mariners
  • STADIUM NOTES

         Roger Faulkner, chair of the group bidding for a Detroit MSL
    franchise, says the city's chances of attracting a team are
    diminished because no proper stadium is available.  The 80,000-
    seat Silverdome, whch was used during the World Cup, is too large
    for the 20,000-capacity which MLS officials are seeking.  MLS
    also wants its teams to at least have "long term plans" for
    natural grass field (DETROIT NEWS, 10/19)....The Yankees, the
    Tampa Sports Authority and Hillsborough County break ground today
    on the team's $17.5M, 10,000-seat spring training stadium and
    practice facility (TAMPA TRIBUNE, 10/20)....The new United Center
    has a seatside computer menu by the arena's concessionaire,
    Bismarck Services.  The in-seat service is available to club and
    courtside ticket holders and could generate $1M per year (CHICAGO
    SUN-TIMES, 10/19).
    

    Print | Tags: Facilities, MLS, New York Yankees, YankeeNets
  • STATE OF THE NFL STADIUMS: COLLECT ALL 29 PROFILES!

         THE SPORTS BUSINESS DAILY has compiled information on the
    NFL's stadiums and continues an occasional series of profiles
    today with Three Rivers Stadium.  A baseball-only facility is
    currently under study in Pittsburgh.
    
        ARA Services. Concessions split 60/40. Of the 40%,the Stadium 
        
    STADIUM:
    Three Rivers Stadium, Pittsburgh, PA.
    AGE: Built in 1970.
    CAPACITY: 59,500 for football, 47,000 for baseball.
    LUXURY BOXES: 115 luxury boxes - Steelers control 11 skyboxesthey constructed -- others controlled bythe Stadium Authority.
    OWNERSHIP: Owned and Operated by the City of Pittsburgh.
    CONCESSIONS: Authority receives 70%, the teams 30%.
    PARKING: 3,500 spots, operated by Alco Parking ofPittsburgh. $5 a car.
    LEASE: Steelers lease expires 1999, Pirates 2010.
    ADVERTISING: Teams and stadium share advertising revenue, eachgetting 1/3. Estimate of total advertising salesis $2.7-$3.0 million.
    RENT: $852,233 per year.
    PUBLIC $: Annual public subsidy of $3.7 million.
    (Sources: James Sacco/Stadium GM; Rent and public subsidy figure from Florida Times Union article from July 24, 1994.)

    Print | Tags: Facilities, NFL, Pittsburgh Pirates, Pittsburgh Steelers
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