Sources: Barclays Center Up For Sale Bengals Upgrading Player Facilities UConn Unveils Hoops Practice Facility Rose Bowl Gets Winter Sports Event Orlando City SC Breaks Ground On $110M Stadium Legends, Kings Ink Deal For New Arena City Of Detroit To Demolish Joe Louis Arena College Facility Notes Facility Notes Devils Hope Improved Arena Will Stand Out
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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).