SBD/28/Facilities Venues

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  • LAND DEAL FOR AIR CANADA CENTRE COMPLETED

         The Raptors' "complicated land deal" to build their new
    arena has been completed, according to David Israelson in today's
    TORONTO STAR.  Raptors President John Bitove:  "The lawyers have
    finished negotiating and we expect to receive the executed copies
    this week."  Bitove says the ball is now in "city council's
    court"(TORONTO STAR, 2/28).
         LONELY LEAFS?  The TORONTO STAR's hockey notes section
    speculates the Leafs "might have missed the boat" by not
    announcing plans for a new Maple Leaf Gardens before the Raptors
    unveiled their new home.  By doing so, the Leafs could have
    likely "induced the big lenders to shy away from the Raptors."
    Now, however, the Raptors "will almost certainly bring" an IHL
    team to the Air Canada Centre, leaving the Leafs "on their own"
    (TORONTO STAR, 2/28).
    

    Print | Tags: Facilities, Maple Leaf Sports and Entertainment, Toronto Raptors
  • SEATTLE'S FULL HOUSE TAKES NEW APPROACH TO SELLING KEY ARENA

         The corporate consumption of the sports world -- "where
    everything is for sale" -- is analyzed by Tom Farrey of the
    SEATTLE TIMES.  Farrey reports the NBA has been the most
    aggressive in pursuing corporate sponsorship for arena
    advertising and naming rights and "few franchises are doing it
    with more precision that the SuperSonics, who have taken the rare
    step of creating a separate company, Full House Sports &
    Entertainment, that specializes in corporate sponsorship."  Full
    House is in the process of selling arena advertising for the
    renovated Key Center, through which the Sonics could make more
    than $5M.  Each corner in the new arena will feature an 80-foot
    high "media pole."  Full House adds that the new arena "will have
    fewer ad panels than other NBA facilities.  But because of the
    ability to get their message across amid less clutter, sponsors
    are willing to pay more for the advertising" (SEATTLE TIMES,
    2/27).
    

    Print | Tags: Facilities, NBA
  • STARS REFUSE LEASE -- RELATIONSHIP WITH CITY WORSENS

          The Stars "angrily refused" to sign a lease with the city
    of Dallas yesterday, as the team's "contentious relationship"
    with the city "took another turn for the worse."  City officials
    had given the team until yesterday to sign a "formal lease" to
    continue playing at Reunion Arena.  But Stars President Jim Lites
    sent a letter to Dallas City Manager John Ware saying that "the
    city's offer fell short of what the team had been promised" when
    it moved city from Minneapolis in '93.  According to Lites, the
    city promised the team "the same rights and provisions held by
    the Mavericks."  But in the latest offer, the Stars "would have
    far less favorable dates for nongame events; a smaller-than-
    promised space for offices and a club; and would be forced to
    install costly adjustable platforms" to alter the seating
    configuration, which Lites said are unnecessary (Christopher Ave,
    FORT WORTH STAR TELEGRAM, 2/28).
    

    Print | Tags: Dallas Mavericks, Dallas Stars, Facilities, Southwest Sports Group
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