Ross Wants To Pay For Stadium Upgrade Lambeau Field Expansion Cost Rises $25M Yum! Center Looks For More Sponsorships VCU To Build $25M Hoops Practice Gym Facility Notes Oakland Teams Still Searching For New Venues Lions Ownership Staying In Ford Family Orlando City SC Backs Off From Park Demands Facility Notes Wolff Considering Temporary Bay Area Ballpark
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STATE OF THE STADIUM: CAROLINA ON OUR MINDS
Published February 22, 1995
The Panthers will play in the NFC West starting next season. Until their facility in Charlotte is ready in '96, the team will play at Clemson's "Death Valley" in SC. The Panthers will pay close to $3M in rent at Clemson for the '95 season. One unique feature at Carolinas Stadium is the lack of public subsidies. The stadium will be paid for by the sale of Permanent Seat Licenses, and through private funds. The following is the final installment (No. 30) of THE SPORTS BUSINESS DAILY'S profile of NFL infrastructure.
(Source: Charlie Dayton, Panthers Public Relations).
STADIUM: Carolinas Stadium, Charlotte, N.C. CAPACITY: 73,000 or 73,500 11th highest in the NFL DESIGNED: Designed for football by the HOK Sports Facilities Group of Kansas City, MO. COMPLETED: Facility will be completed by August '96. OWNERSHIP: Owned and operated by the Carolina Stadium Corp. LUXURY SEATS: 135 suites two kinds, 10 person suites, and 40 person suites on two levels along the sideline. There will also be approximately 10,800 club seats with amenities. COST: $160M plus $50M for 33 acres of land. Paid for bycombination of $100M raised through the sale ofPermanent Seat Licenses, and $60M through privatefunds. CONCESSIONS: Volume Services Carolina Stadium Corp. willreceive all concession revenue. ADVERTISING: Team will handle all stadium advertising and receiveall revenue. GAME-DAY: Panthers will provide all game-day personnel. MAINTENANCE: Carolina Stadium Corp. handles all repair. VISITING GATE: Visiting team will receive $1.2M per game. RENT: Team will make no rent payment. LEASE: Not Available.