Tustin Wants To Recoup Angels Ballpark Investment New Maple Leaf Square Name Skips Confusion AEG Seeks Extension On L.A. Stadium Project Patterson: Taxpayers Should Help With New UT Arena Stanford Teams With AT&T, Sporting Innovations Facility Notes Angels End Lease Talks With Anaheim Barclays Center Not Yet Fit For Islanders Games Red Wings Break Ground On Arena Project Colorado State Stadium Falling Short
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RAPTORS PROPOSAL IS TRULY A BARTER DEAL
Published July 18, 1995
The Raptors are offering the City of Toronto tickets and use of their new arena in exchange for the land the arena will sit on. Under the team's proposal, the land, estimated to be worth C$3.8-4.5M, would be exchanged for use of the building six days a year for 20 years and 450 tickets a year for 20 years. The proposed package goes in front of the city council next week (TORONTO STAR, 7/18).