HOLLYWOOD PARK WAITS ON RAIDERS

     A "preliminary agreement" has been reached by Hollywood Park
for financing its proposed $200M stadium where the Raiders and
UCLA would play, according to today's L.A. TIMES.  Hollywood Park
CEO R.D. Hubbard:  "We do have a proposed term sheet from the
bank for financing.  We're pretty close, there are just a few
little items to be worked out."  The "stumbling block" remains
the "unpredictablility" of Raiders owner Al Davis.  Sources say
that he has had a proposed agreement "on his desk for almost
three months."  Although more than $100M has been spent on
renovations to the Coliseum, Davis reportedly "no longer wants to
play in the Coliseum" and has "privately made Hollywood Park his
top option" (John Cherwa, L.A. TIMES, 1/30).