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PAPERS SUING NJSEA OVER FAILURE TO DISCLOSE LEASE TERMS
Published June 2, 1995
The Bergen RECORD and NEWARK STAR-LEDGER are suing the NJ Sports and Exposition Authority in State Superior Court over the NJSEA's failure to disclose lease terms for the teams occupying state facilities, according to Richard Sandomir in today's N.Y. TIMES. The papers allege the failure to disclose "violates public records laws that require disclosure of documents like the lease." The NJSEA claims that "allowing the leases to be viewed by the public would ... dull its competitive edge." Sandomir writes, "The 'loss of competitiveness' argument may be logical when applied to squeezing more profit from the concessions at a monster truck show than at a circus. But those are one-day or multi-day events, not long-term leases. There is no daily marketplace competition for sports teams with 20-year leases, except when a team threatens to move, and that does not happen every day." Sandomir argues that the most compelling argument for full disclosure is to show the public the Devils' demands and the financial losses the NJSEA may have to suffer to keep them (N.Y. TIMES, 6/2). HELL-OOO? In his column on ESPN's SportsZone, Keith Olbermann notes that "virtually daring" Devils' fans to call last week after he suggested the team has no fan base, ESPN received only four calls viewers (ESPN SportsZone). DOES SPORTSCHANNEL KNOW SOMETHING?: SportsChannel New York, which holds rights for both the Devils and Islanders, is not pursuing contract negotiations with Islanders announcer Jiggs McDonald until the Devils situation is resolved. Steve Cavendish of the NASHVILLE BANNER reports that the sports cable channel may be waiting to move Devils Broadcaster Mike Emrick to the Islanders should the Devils make the move to Nashville (NASHVILLE BANNER, 6/2).