SBD/2/Facilities Venues

STATE OF THE NFL STADIUMS: RIVERFRONT STADIUM

     Yesterday's SPORTS BUSINESS DAILY reported on discussions in
Cincinnati about a new stadium for the Bengals or the Reds.
Cincinnati City Manager John Shirey said last week that whichever
team which does not get a new facility would have to accept a
major renovation project to Riverfront.  Today, we continue our
look at NFL facilities with a profile of Riverfront Stadium.
STADIUM: Riverfront Stadium, Cincinnati, Ohio
AGE: Completed in 1970.
CAPACITY: 60,000 - 5th lowest in the league
LUXURY BOXES: 20 -- owned and operated by the city.
OWNERSHIP: Owned by Hamilton County.
MANAGEMENT: Managed by the city of Cincinnati.
COST: $44 million, paid for by County revenue bonds.
DEBT: There is approximately $25M in outstanding debt.
CONCESSIONS: Cincinnati Sports Service, Inc. - of the 100% net revenue,
approximately 90% goes to teams, 10% goes to stadium.
PARKING: 3200 garage spots at $5, 1800 spots at $3.50. All
revenue goes to the team.
LEASE: Teams lease expires in 2010.
ADVERTISING: Reds handle all advertising.
RENT: $1.32 million -- 12th highest in the league
PUBLIC $: Zero.

(Sources: Glenn Redmer/Stadium Manager, rent and public subsidy figure from Florida Times-Union article, July 24, 1994.)
Return to top
Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug