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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).