Cavs "Quietly" Sought County Funds For Arena Bettman: Flames Need New Arena Marquette, Bucks Partner On Athletics Center Gillette Stadium Adds Cross Insurance Pavilion NASCAR HOF Sponsors Revenue Plummets Glendale On Pace To Lose $8.8M On Arena Deal OU Prez Says Stadium Upgrades Not Delayed Indy Eleven Unveil Stadium Renderings Wisconsin Gov. Proposes Bucks Arena Funding Inglewood Likely To Vote On Proposed NFL Stadium
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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).