SBD/3/Facilities Venues

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  • ANGELS GETTING CLOSE ON NEW STADIUM

         Angels President Richard Brown met with Anaheim City Manager
    Jim Ruth and Stadium Manager Greg Smith this week and "reported
    progress and optimism" towards an agreement on a new stadium.
    Brown:  "It's never a done deal until it's done.  The fat lady
    hasn't sung yet.  But during negotiations (Thursday) I think she
    was heard gargling."  Ruth also said after the meetings that "he
    would be surprised if an agreement isn't reached within two
    weeks."  Meanwhile, the Rams, who previously controlled the
    boxes, gave the Angels "approval" to start selling the luxury
    boxes at Anaheim Stadium.  Brown reports that sales of the boxes
    "should pick up after an agreement is reached on a new stadium"
    (Jeff Miller, ORANGE COUNTY REGISTER, 3/3).
    

    Print | Tags: LA Angels, Anaheim Sports, Facilities, St. Louis Rams, Walt Disney
  • MARINERS STADIUM PLANS HIT "ROADBLOCK"

         Plans for a new Mariners stadium "hit a major roadblock" in
    the state Legislature Wednesday as a House committee voted 9-4
    against the proposal.  House Committee on Trade and Economic
    Development Chair Steve Van Luven:  "We are all very concerned
    and don't want to lose the Mariners.  It just means we didn't
    agree with the wording in this bill."  Among the main components
    of the bill were creating a new scratch-off lottery game and
    diverting 5% of revenue from the state sales and use taxes on
    rental cars toward the stadium.  Mariners VP for Business
    Development Paul Isaki:  "This is a marathon, not a sprint.
    There are bumps in the road and you have to look at it that way"
    (Bruscas & Andersson, SEATTLE POST-INTELLIGENCER, 3/2).
    

    Print | Tags: Facilities, Seattle Mariners
  • PEPSI CLOSE TO AGREEMENT WITH NEW ARENA IN DENVER

         PepsiCo Inc is reportedly close to signing an agreement with
    the owners of the Nuggets for the naming rights to their new
    arena, according to this morning's WALL STREET JOURNAL.  The
    price is estimated at $68M, "believed to be the largest amount
    ever paid" for naming rights.  When asked about the agreement,
    Pepsi said that it "has enjoyed a five-year partnership" with the
    team, "one that we'd love to build on" (Eleena De Lisser, WALL
    STREET JOURNAL, 3/3).
    

    Print | Tags: Denver Nuggets, Facilities, PepsiCo
  • TROUBLE CONTINUES IN DALLAS AS CITY COUNCIL MEETS

         In a "volatile" Dallas City Council meeting Wednesday,
    members learned the city has reportedly offered Mavericks Owner
    Don Carter $12.9M in "bond funds left over from earlier bond
    projects."  This "surprised" many arena opponents because city
    officials have consistently said taxpayers' money "would not be
    used on the arena project."  According to City Manager Ted
    Benavides, the bond money "would be used for infrastructure
    improvements" at the proposed site, southeast of Reunion Arena.
    Later in the meeting, council members "resoundingly rejected" a
    proposal to place a nonbinding referendum on the May 6 ballot
    that would have asked voters "whether the city should build a new
    arena" (Sylvia Martinez, DALLAS MORNING NEWS, 3/2).
    

    Print | Tags: Dallas Mavericks, Facilities, Southwest Sports Group
  • WHALERS WANT TO RUN THEIR ARENA'S BUSINESS OPERATIONS

         Whalers President & GM Jim Rutherford and the team's
    business attorney Lou Beer will meet with CT Development
    Authority (CDA) officials today to discuss "general proposals and
    philosophies" about the team's relationship with the Civic
    Center.  The Whalers have an interest in full or partial
    management of the facility.  Beer is not sure if the CDA, Ogden
    Entertainment and Service America Corp. shares the team's wishes.
    Beer:  "We have no right to make them change and we're not
    insisting on it.  But clearly a renegotiated deal could mean a
    longer commitment for us to stay in Hartford."  Beer did note
    that unless the Whalers "astronomically" raise ticket prices --
    which is not planned -- the team cannot break even under the
    current arrangement with the CDA, even if they sold out every
    game.  CDA Exec VP Bob Dixon:  "The CDA is willing to talk and to
    continue a dialogue with the Whalers. There are areas such as
    advertising where it might give more benefit to each party.  We
    are supportive of the Whalers, but we are not in a subsidy
    environment" (Jeff Jacobs, HARTFORD COURANT, 3/3).
    

    Print | Tags: Facilities
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