Quicken Loans Arena Gets Renovation Approval Calgary Continues To Explore Flames Arena Project USC Rolls Out L.A. Coliseum Upgrade Plans Verizon Improving Wireless At The Brickyard Hornets Expanding Team Store At Arena SoccerCity Petition Gets 100,000 Signatures Braves' First SunTrust Park Homestand Goes Smoothly Bettman: Isles Submitting Belmont Park Arena Plan Barclays Center Becoming Top Boxing Destination Charlotte Motor Speedway Adds Sun Deck To Turn 4
Upcoming Conferences and Events
May 31 - Jun 1
CITY ASKS T-WOLVES OWNER FOR MORE IN TARGET CENTER DEAL
Published January 17, 1995
The Minneapolis City Council has proposed a revised financial plan to purchase the Target Center with taxpayer-backed general obligation bonds for $40M. Part of the deal requires T- Wolves buyer Glen Taylor to pay an additional $14M to offset the original asking price of $54M. Taylor's agreement to pay Harvey Ratner and Marv Wolfenson $88.5M for the team is hung up over delays in the Target Center buyout (Diaz & Weiner, Minneapolis STAR-TRIBUNE, 1/13). Taylor had no response, other than to say: "That would create other problems" (Patrick Sweeney, St. Paul PIONEER-PRESS, 1/13).