SBD/24/Facilities Venues

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  • JACOBS & CELTICS BOTH KEEP AN EYE ON MEGAPLEX DEALINGS

         The potential of a 60,000-seat stadium in downtown Boston as
    part of a megaplex is a "concern" to Jeremy Jacobs, owner of the
    Bruins and the new FleetCenter.  Until this point, Jacobs and his
    tenant, the Celtics, have "proceeded on the basis of pure need --
     a true symbiotic relationship," according to the BOSTON GLOBE's
    Joan Vennochi.  At the new FleetCenter, the two parties have a
    10-year lease, with Jacobs holding the option to extend it to 15
    years in year five; the Celtics pay rent of $1 a year; Jacobs
    keeps all concession sales; all ticket revenue goes to the
    Celtics, with team's per game take estimated at $800,000.  But
    despite the agreement, Jacobs' "concern" with Patriots Owner
    Robert Kraft and a new facility "rests in what else takes place
    down the road in a new sports complex."  Celtics President Steve
    Schram said he believes Jacobs is "very concerned" about
    competition and about the Celtics' future at FleetCenter.  And
    Schram "isn't shy about stocking such worries."  Schram: "We're
    purely a tenant.  If someone were to come to us and say, 'We've
    got a facility, would you consider it down the road?' I think
    we'd have to in terms of our interest."  Larry Moulter, President
    of New Boston Garden Corp., said FleetCenter can "coexist" with a
    60,000-seat stadium, but added, "If they begin to behave and look
    like an arena, that is a serious problem, not just to the owner,
    but to the banks."  Moulter expects the Celts to "honor their 15-
    year deal" (BOSTON GLOBE, 5/24).
    

    Print | Tags: Boston Bruins, Boston Celtics, Facilities, New England Patriots
  • NEW SURVEY IN TAMPA SHOWS STADIUM TAX FACES UPHILL FIGHT

         According to a recent survey of 643 randomly selected adults
    in the Tampa area, 49% oppose using tax dollars to help pay for a
    new or renovated stadium for the Bucs; 40% favor using tax
    dollars; 76% believe that keeping the team in the Tampa Bay area
    is important.  The poll was conducted for the Greater Tampa
    Chamber of Commerce by the FL Research Group, an independent
    division of the TAMPA TRIBUNE.  Other numbers:  57% oppose
    increasing the Hillsborough County sales tax to pay for stadium
    improvements, while 38% favor it; 59% oppose increasing the
    county's restaurant tax to pay for renovation (Jim Kenyon, TAMPA
    TRIBUNE, 5/24).
    

    Print | Tags: Facilities, Tampa Bay Buccaneers
  • RAMS WEIGH OPTIONS FOR ST. LOUIS DOME NAMING RIGHTS

         Eight companies are in the running for the naming rights for
    St. Louis' new domed stadium, according to Rams consultant Marc
    Ganis of Sports Corp.  Ganis told the ST. LOUIS POST DISPATCH
    that the team, which has the right to name the stadium, is
    looking for "a 20- to 30- year deal," but refused to name the
    companies.  Lorraine Kee reports a spokesperson for St. Louis-
    based TWA said they "are considering the option" (ST. LOUIS POST-
    DISPATCH, 5/24).
         CHANGES:  The Rams have created a second logo to take the
    place of their "LA Rams" logo, and Ganis says more changes may be
    in store after '95 (POST-DISPATCH, 5/24).
    

    Print | Tags: Facilities, St. Louis Rams
  • SUMMER STREET MAY BE SITE FOR BOSTON MEGAPLEX

         The megaplex commission is expected to recommend today that
    Summer Street in South Boston is the "best location" to build the
    convention center and sports complex, according to Richard
    Kindleberger in today's BOSTON GLOBE.  The site won out over a
    competing site called CrossTown.  Supporters of the Summer Street
    site say it "offers a more desirable and dramatic location,
    closer to the waterfront and downtown."  Meanwhile, sources say
    that the deal between the Patriots and the commission has the
    Pats paying $5M a year over 25 years to play in the new stadium
    (BOSTON GLOBE, 5/24).  In the BOSTON HERALD, Phil Primack writes,
    "A Summer Street location could make an already uphill fight for
    a football stadium even harder because of neighborhood,
    transportation and other potential problems" (BOSTON HERALD,
    5/24).
         SUPER BOWL 2001:  Patriots Owner Robert Kraft told fellow
    NFL owners yesterday "that he hopes to be back in the near future
    to ask them for a Super Bowl for Boston in the year 2001" (Will
    McDonough, BOSTON GLOBE, 5/24).
    

    Print | Tags: Facilities, New England Patriots, NFL
  • WA LEGISLATURE APPROVES STADIUM BALLOT MEASURE

         King County voters will decide either in November or March
    whether to approve a sales tax increase of one-tenth of 1% to
    help fund a $280M retractable dome stadium for the Mariners.  It
    is expected that the King County Council will approve the ballot
    measure, which passed the WA Legislature Monday.  Under the bill,
    the team must contribute $45M of the cost of the new ballpark and
    agree to play at least 90% of its home games there until bonds
    are retired.  The team has opposed a public referendum in the
    past; proponents of a new stadium have "equated it with the death
    of baseball in Seattle" (Peter Callaghan, Tacoma NEWS TRIBUNE,
    5/24).
    

    Print | Tags: Facilities, Seattle Mariners
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