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SBD/15/Facilities Venues
STATE OF THE STADIUM: DOME, SWEET DOME
Published November 15, 1994
Seattle's Kingdome reopened its doors last week after the extensive repair job on the facility, as the Seahawks played the first part of their season at the University of Washington field. In 1985-86, the Mariners and Seahawks signed a unique lease arrangement that gave the Seahawks marketing rights to all the luxury suites, and the Mariners control of advertising. This was based on 10-year projected revenue enhancements that would be equal in value. The Seahawks handle marketing of the suites for every Kingdome event and receive 10% of sales and 50% of net revenue. The following profile is one of a continuing series of the NFL's infrastructure.
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STADIUM:
|
The
Kingdome, Seattle, Washington
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| AGE: | Completed March 27, 1976 |
| CAPACITY: | 66,000 -- 7th lowest in NFL. |
| OWNERSHIP: | Owned and Operated by the King County Government. |
| COST: | Cost $67 million - $40 million paid in bonds. The restin loans and private donations. |
| LUXURY BOXES: | 48 -- 50% of the income to the Seahawks, 40% to the Mariners and 10% to the county. |
| CONCESSIONS: | Ogden Services -- team gets 30% of food and beverage and 52% of banquet and catering. |
| PARKING: | Three lots with 4,000 spots. $6 car, $5 car pool. Seahawks get no parking revenue. |
| ADVERTISING: | Mariners control stadium advertising. Stadium gets approximately $230,000 - $250,000 annually. |
| RENOVATION: | $32-34M renovation project to repair the roof. |
| RENT: | $1.16 million -- 15th highest in NFL. |
| LEASE: | Lease for the Seahawks expires in 2005. |
(Sources: Tom Long/Kingdome; rent figure from Florida Times Union article, July 24, 1994.)




