Menu
Download the app

SBJ subscribers – Enhance your experience with the revamped iOS app

Facilities Venues

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).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/1995/01/18/Facilities-Venues/WHILE-THE-INK-IS-STILL-WET-GLAZER-EXPLORES-STADIUM-OPTIONS.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/1995/01/18/Facilities-Venues/WHILE-THE-INK-IS-STILL-WET-GLAZER-EXPLORES-STADIUM-OPTIONS.aspx

CLOSE