A's Reinvesting All Revenues Into Coliseum, Club Sources: NBA Likely To Start Season As Part Of CBA Twins Owner Says Club Is Not For Sale Kerr Admits To Using Marijuana For Pain Relief Royals Will Not Exceed Current Payroll Sources: Penguins Getting $25M Investor Vikings Upset Over MLS Games At New Stadium Browns Make Case To Maintain Personnel Tigers Need To Reduce Payroll By $20M Sources: Chargers Expected To Move To L.A. In '17
TICKETS NOT THE ONLY MANDATE FOR RAPTORS/GRIZZLIES
Published December 16, 1994
Season-tickets sales are not the only requirement that the Raptors and Grizzlies must meet to keep the NBA happy. Apparently "firm arena plans and broadcasting deals" also have to be finalized by the end of the year. One well-informed league- level source told Neil Campbell of the Toronto GLOBE & MAIL that, "technically, the league could still revoke if all the terms aren't met. There's a lot of impatience with the people in Toronto and their arena situation. They don't have a TV deal done yet in Vancouver but that is not as serious as the Toronto situation." The Raptors want to have their arena at a downtown site, but there is no guarantee that the problem would be solved by December 31. In Vancouver, local TV rights have not been sold, but owner Arthur Griffiths' family has "extensive broadcast holdings throughout B.C. and Alberta," and the team is "apparently headed" for a radio deal with an FM station owned by the Griffiths. One broadcast source reports that the Grizzlies are asking a C$1 million for the radio rights (Toronto GLOBE & MAIL, 12/16).