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LIGHTNING SIGN LEASE EXTENSION FOR THUNDERDOME
Published June 8, 1995
The Lightning and the city of St. Petersburg agreed to terms yesterday that will keep the team in the ThunderDome for the '95- 96 season, according to Tom Jones of the TAMPA TRIBUNE. The deal still needs to be approved by the St. Petersburg City Council, which will take the matter up in a couple of weeks. The team hopes to move into a new arena in Tampa in time for the '96-97 season but have asked the city about ThunderDome availability for the early part of that season in case arena construction is not completed. The deal calls for the Lightning to pay a per-game rent of $45,000, and the new agreement could "earn the city twice as much per year" as the old one, or up to $600,000 profit for the season (TAMPA TRIBUNE, 6/8).