Brain Bank Finds CTE Increase In Former NFLers NFL Pushes Ahead On Breast Cancer Initiatives Tustin Wants To Recoup Angels Ballpark Investment New Maple Leaf Square Name Skips Confusion FCC Could Ban Stations From Using "Redskins" Glut Of NFL Games Affecting Ad Rates AEG Seeks Extension On L.A. Stadium Project FCC Ends Its Sports Blackout Rule Arbitrator To Rule In Ray Rice Appeal "MNF" Sees Slight Overnight Ratings Dip
Upcoming Conferences and Events
STATE OF THE STADIUM: THE LOUISIANA SUPERDOME
Published December 21, 1994
The Saints recently signed a new lease that will keep them in the Superdome through the year 2018. It also gave the team more revenue from concessions and all revenue from the sale of luxury boxes. Today, we examine the lease of the Saints at the Louisiana Superdome.
STADIUM: Louisiana Superdome, New Orleans, LA AGE: Completed in 1975. OWNERSHIP: Owned by the State of Louisiana MANAGEMENT: Facility Management of Louisiana (FML) a Spectacor Management Group. COST: $163 million paid for by public bonds. CAPACITY: 68,000 LUXURY SEATS: 128 suites team receives all revenue from the sale of luxury seating. GAME-DAY: Game-day personnel paid for by FML. MAINTANENCE: All maintenance covered by FML. PARKING: 5,400 spots $8 a car Saints receive all revenue. CONCESSIONS: Aramark (ARA) Saints receive 42% of gross revenue. ADVERSTING: FML sells adverstising Saints receive all advertising revenue for their games. LEASE: Expires in 2018 RENT: $900,000 9th lowest in NFL.
(Source: David Weidler, Superdome; rent figure from Florida Times-Union article on July 24, 1994.)