SBD/18/Facilities Venues

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  • STATE OF THE STADIUM: ST. LOUIS AND ANAHEIM

         Yesterday the Rams announced an agreement to move to St.
    Louis after playing in Southern California for 49 years. Rams
    Owner Georgia Frontiere said she could not turn down the deal
    offered by the city of St. Louis, which included an unprecedented
    financial commitment to the team.  Today, THE SPORTS BUSINESS
    DAILY continues to profile the NFL's infrastructure by comparing
    sections of the Rams deal in St. Louis with their lease at
    Anaheim.
    STADIUMS:
    Anaheim Stadium,
    St. Louis Football Stadium (SLFS)
    AGE: Anaheim built in 1966,
    SLFS to be completed 10/95
    OWNERSHIP: Both operated by the cities.
    COST: Anaheim cost $20M for construction and land.
    SLFS $266M — paid by state, county & city bonds.
    CAPACITY: 70,500 for Anaheim, 70,000 in St. Louis
    LUXURY SEATS: Anaheim has 108 luxury boxes, operated by Rams. SLFS 100 suites & 6250 club seats.
    CONCESSIONS: Anaheim: Ogden Services — revenue split 50/50 between city and team.
    St. Louis: No contract completed. Rams to receive large % of concession sales.
    PARKING: Anaheim: 16,106 spots at $6, Rams split parking 50/50 with city.
    St. Louis: Handled by the city — Rams will receive large % of revenue.
    MAINTENANCE: Anaheim: City handles maintenance on the facility.
    St. Louis: Not available.
    ADVERTISING: Rams get 25%, City 25%. MLB Angels receive undisclosed % of ad revenue.
    St. Louis: Not Available — naming rights owned by St.Louis Sports Authority.
    LEASE: Anaheim: team exercised escape option at the end this year.
    St. Louis: Rams signed 30 – year lease.
    RENT: Anaheim: $1.8M — 10th highest in league. St. Louis: $250,000 – 5th lowest in the league.

    (Sources: Michael Myers, Anaheim Stadium, FANS, Inc. St. Louis, rent figure from Florida Times Union article July 24, 1994).

    Print | Tags: LA Angels, Anaheim Sports, Facilities, MLB, NFL, St. Louis Rams, Walt Disney
  • WHILE THE INK IS STILL WET, GLAZER EXPLORES STADIUM OPTIONS

         New Bucs owner Malcolm Glazer made his presence felt in
    Tampa yesterday, pledging to work with local leaders on solving
    the area's stadium situation.  Glazer, who bought the team Monday
    for $192M, visited Tampa Stadium for the first time and attended
    a Tampa Sports Authority (TSA) meeting (Joel Poiley, TAMPA
    TRIBUNE, 1/18).  Although his offer included two-year commitment
    and $35M penalty if he moves the team in the next 10 years,
    Glazer did say "the Bucs would need a new stadium to remain in
    Tampa Bay" (Rick Stroud, ST. PETERSBURG TIMES, 1/18).  Local
    officials have had mixed reactions to the prospects of higher
    taxes for a stadium.  A renovation of Tampa Stadium would be a
    cheaper option, but would likely not keep the team in Tampa,
    according to TSA director Rick Nafe.  Nafe said he would like a
    25-30 year lease commitment from the Bucs if the TSA were to
    build a new stadium.  The TSA will immediately begin looking for
    designs for a new stadium and a renovated Tampa Stadium.  The
    estimated cost for a new stadium could be as high as $175M, with
    renovation at about $75-80M.  Among tax options mentioned: a
    half-cent sales tax; tax on restaurant food and services, ticket
    surcharges; and a tax on city licenses (Joel Poiley, TAMPA
    TRIBUNE, 1/18).  On Tuesday, Hillsborugh County Commission Chair
    Jim Norman withdrew a proposal to have voters approve a half-cent
    sales tax to build a new stadium.  Norman's decision came after
    county leaders said "private sources, not tax dollars should pay
    the majority share of costs for a stadium project."  Norman said
    leaders want seat licenses, luxury box rentals and club seating
    to pay for the park.  But, he added:  "If I don't see some
    movement, I'll bring back the referendum idea" (Kevin Walker,
    TAMPA TRIBUNE, 1/18).
    

    Print | Tags: Facilities, Tampa Bay Buccaneers
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