SBD/3/Facilities Venues

STATE OF THE NFL STADIUMS: A SOLDIER'S STORY

     The SPORTS BUSINESS DAILY continues to look at the NFL's
infrastructure with Chicago's Soldier Field.
STADIUM:       Soldier Field, Chicago, Illinois
AGE:           Built in 1924
CAPACITY:      Capacity 66,946
LUXURY BOXES:  116 -- of revenue team gets 80%, city 20%.
COST:          $8-10 million, paid through a bond issue.
OWNERSHIP:     Public Building Commission of Chicago.
MANAGEMENT:    Spectacor Management Group (SMG)
CONCESSIONS:   ARA/SMG and Soldier Field Joint Venture.  A 43%
               commission of net sales goes to the Chicago Park
               District, 57% goes to ARA.
PARKING:       8,000 spots. $20 a game for close parking.  $10
               for regular parking, of which $1.25 goes to a city
               tax, and the rest to the city's park district.
LEASE:         Bears lease expires in 2000.
ADVERTISING:Handled by Spencer Sports Media in Ardsley, NY for
               the last 60 years.  Shared partnership with the
               city. Contract expires in 2000.
RENT:          $2.06 million.
RENOVATION:2 recent renovations, a $40M renovation to be paid
               for by 1996, and a $20M interior renovation of the
               promenade and bathroom facilities.
(Source: Jim Duggan/Stadium Manager, rent figure from Florida
Times-Union article on July 24, 1994.)
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Chicago Bears, Facilities, NFL

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