White Sox, Guaranteed Rate Partner On Naming Rights Sources: A's Fisher Tours Potential Ballpark Site Saints, Superdome Unveil New Video Boards Hartford Mayor Turns Down Loan For Ballpark Facility Notes Banc of California Signs Deal With LAFC Raptors Unveil Two New Jersey Options Vikings Building Glass-Walled Bar Outside Stadium Red Wings' Arena To Have Outdoor Plaza Real Salt Lake Breaks Ground On $50M Facility
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).