"Eccentric real estate developer" Abe Hirschfeld has
proposed to build a new stadium for the Yankees, according to
Richard Sandomir in today's N.Y. TIMES.  The proposal calls for a
new stadium to be built "across from the current site" and for
Yankee Stadium to be turned into an Olympic Training Center and
public recreation center.  The plan also calls for a 15-story
hotel to be wrapped around the new stadium "between first and
third bases, with 300 suites looking down at the field" (N.Y.
TIMES, 2/14).

     Redskins owner Jack Kent Cooke is considering "fallback"
sites for the building of his stadium if his first choice, Laurel
MD, does not work out, according to today's Baltimore SUN.  Other
MD sites Cooke is considering include Prince George's County,
Suitland, and the USAir Arena in Landover, as well as a site in
Loudon County, VA.  Cooke says "staying in Washington does not
appear likely."  Despite these comments, political leaders in
Washington "appear to have been the most persistent wooing the
team and still hold out hopes of persuading the Redskins to stay"
(Jon Morgan, Baltimore SUN, 2/14).  In his column today, John
Hawkins writes that by threatening to move the Redskins to St.
Petersburg, Cooke would get the cooperation he needs to build a
new stadium (WASHINGTON TIMES, 2/14).

     THE SPORTS BUSINESS DAILY has profiled the facilities of the
NFL since October.  Today, we begin to examine the infrastructure
of the NBA and the NHL with a profile of the America West Arena,
host of the 1995 NBA All-Star Weekend, our first of 44
facilities.


  
 
    
STADIUM:
    
America 
      West Arena, Phoenix, AZ.
  
  
 
    
TENANTS:
    
Home 
      of the Suns, AFL Rattlers, CISL Sandsharks(both owned by the Suns).
  
  
 
  
 
    
AGE:
    
Opened 
      June 1, 1992.
  
  
 
    
OWNERSHIP:
    
Owned by 
      the City of Phoenix.
  
  
 
    
MANAGEMENT:
    
Managed 
      by Phoenix Arena Development Limited Partnership.
  
  
 
    
COST:
    
$90 
      million — city contributed $35M through the sale of bonds, Phoenix 
      Arena Development Limited Partnership (PADLP), a division of the Suns contributed 
      the rest.
  
  
 
  
 
  
 
  
 
    
CAPACITY:
    
19,023 
      for basketball.
  
  
 
    
LUXURY 
      SEATS:
    
88 
      suites which accommodate up to 22 guests. Sunsoperate and manage the suites.
  
  
 
  
 
    
NAMING 
      RIGHTS:
    
America 
      West Airlines paid $24M for 30-year namingrights.
  
  
 
  
 
    
CONCESSIONS:
    
Restura, 
      a division of Dial Corp., handlesconcessions. Team receives 40% of concessionrevenue, 
      city receives 60%.
  
  
 
  
 
  
 
    
ADVERTISING:
    
Suns 
      handle all advertising. City receives 60% ofrevenue, team receives 40%.
  
  
 
  
 
    
PARKING:
    
900 
      space garage managed by PADLP — 1,500 spacegarage next door owned by 
      city, 11,000 parkingspaces within an 8 minute walk.
  
  
 
  
 
  
 
    
GAME-DAY:
    
Personnel 
      paid for by the Suns.
  
  
 
    
LEASE:
    
40-year 
      agreement. Suns will manage and operatefacility throughout.
  
  
 
  
 
    
MAINTENANCE:
    
Paid for 
      through a renewal fund.
  
  
 
    
RENT:
    
$500,000 
      a year with a clause for increased revenue.
  


(Source: Debra Stevens, America West Arena Director of PR).