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Published January 20, 1995
Jim Speros, the owner of Baltimore's CFL franchise, has hired a lobbyist that will "seek legislation to provide state funds" for a renovation of Memorial Stadium. Speros wants a long-term commitment from the state, and "in excess" of $5M "to make the desired improvements." Approximately $1M was spent to renovate the facility before the team's first season last year, $500,000 from Speros and a $500,000 loan from the city. A new grass field, another scoreboard and upgraded sound system along with repairs to elevators and escalators top Speros' wish list. The city will host the 1997 Grey Cup (Ken Murray, Baltimore SUN, 1/20). DON'T GIVE UP THE FIGHT: An editorial in today's Baltimore SUN says the state of MD should not "deauthorize" its stadium bond authority. The SUN says the nearly $200M currently designated for a football stadium pending the arrival of an NFL team "would not send torrents of money flowing to other needs" (Baltimore SUN, 1/20). Robert Schulman, a potential investor in an NFL team for Baltimore, says he "already has heard from some teams interested in Baltimore and is pursuing the opportunities." Schulman represented the non-Angelos group from Baltimore that was pursuing the Bucs (Jon Morgan, Baltimore SUN, 1/20).