Cubs Detail Outfield Renovations At Wrigley MLB Giants Alter Mixed-Use Development Plans Facility Notes Buccaneers Ask Winston To Remove Image BMO Field Phase 1 Upgrades Nearly Done McGuire Emphasizes Subsidies For MLS Venue Buccaneers Take Risk Drafting QB Winston S.F. Official Downplays Concerns Over Warriors Arena Facility Notes New NFL Stadium Efforts Costly For St. Louis
Upcoming Conferences and Events
TSA MEMO DETAILS THE FINANCIAL NEED FOR A NEW STADIUM
Published May 12, 1995
In a handwritten memo, TSA Exec Dir Rick Nafe details the financial need for a "new or vastly improved stadium" to keep the Bucs in Tampa, according to this morning's ST. PETE TIMES. According to the memo, Bucs owner Malcolm Glazer "stands to lose" $13-15M a year if the team continues to play in the current Tampa Stadium. And this estimate requires a sell-out for every home game. Part of that financial burden is based on the team's "increased expenses" incurred by $130M Glazer reportedly plans to borrow to buy the team (Richard Danielson, ST. PETERSBURG TIMES, 5/12).