Super Bowl Organizers Unveil Mass Transit Plan IU Weighing Assembly Hall Upgrades Redskins Sorting Through Shanahan Options ESPN Sees Bump For Week 14 "MNF" Ditka Wine Sales Up After Brand Overhaul Facility Notes NFL Discussing Centralizing Replay System Braves Make Pitch To Developers For New Ballpark Week 14 NFL Overnight Ratings Chobani Set For Super Bowl Ad Debut
STATE OF THE NFL STADIUMS: RIVERFRONT STADIUM
Published November 2, 1994
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.|
Sports Service, Inc. - of the 100% net revenue,
approximately 90% goes to teams, 10% goes to stadium.
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|
(Sources: Glenn Redmer/Stadium Manager, rent and public subsidy figure from Florida Times-Union article, July 24, 1994.)