SBD/12/Facilities Venues

TSA MEMO DETAILS THE FINANCIAL NEED FOR A NEW STADIUM

     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).
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Facilities, Tampa Bay Buccaneers

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