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BUCS MAY INTRODUCE PSL ALTERNATIVE -- SEAT DEPOSIT
Because Bucs fans opposed permanent seat licenses to help fund a new stadium, the team may substitute a "ticket deposit" plan. Ken Koehn reports in the TAMPA TRIBUNE that the ticket deposits would be an up-front contribution by fans that would be repaid through lower ticket prices over several years. The team has hired Max Muhleman of Muhleman Sports Marketing to help develop the plan. The cost for the deposits is projected to be less than PSLs -- at around $500/seat or lower. Hillsborough County Commission Chair Jim Norman supports the idea (TAMPA TRIBUNE, 8/25). Meanwhile, in Orlando, Bucs Exec VPs Joel and Bryan Glazer told the Orlando Buccaneers Booster Club that their first priority is to build a new stadium in Tampa. Tim Turner writes that the Glazers' appearance and statement "seemingly ends" speculation involving a move by the Bucs to Orlando's Citrus Bowl (ORLANDO SENTINEL, 8/25).
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COLISEUM PROJECTIONS PAINT A ROSY PICTURE -- ARE THEY LEGIT?
Under a court order obtained by the SAN JOSE MERCURY NEWS, Alameda County and the city of Oakland released financial documents detailing plans to pay for the Raiders deal. The MERCURY NEWS' Witt & Koury report that "even their most pessimistic projections contain some rosy assumptions about the deal's potential earning power." The Coliseum Marketing Association has sold only 31,000 of 45,000 available PSLs for this season, and is trying to sell 57,000 for next season. Although the documents reveal that the county must sell only 80% of PSLs and club seats to avoid a taxpayer bailout, that is based on "a long list of optimistic assumptions about events in the next 16 years that extend far beyond football ticket sales." East Bay officials project the sale of Coliseum naming rights will bring in $24M -- to be split between the Raiders and Coliseum. However, while that price is consistent with other such deals, "there's no guarantee of such interest in Oakland," especially with the city of San Francisco attempting to sell the rights to Candlestick Park at the same time. The MERCURY NEWS also notes that the deal counts on $1.5M annually from baseball profits. The A's have the option to leave Oakland in three years, which could eliminate that income. Officials insist the Coliseum will make a profit on the deal (SAN JOSE MERCURY NEWS, 8/25).
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NASHVILLE DEMANDS OILERS DECISION BY OCT. 20, OR NO DEAL
Nashville Mayor Phil Bredesen told the TENNESSEAN that if the Oilers cannot decide on a move by October 20 -- the end of the two parties' exclusive negotiating period -- all deals are off. Bredesen: "This is not going to go on forever, we are all busy people. I would expect an agreement to come out of it that the Oilers would take to the NFL." Bredesen is reportedly under fire from critics who say he is being used by the Oilers to get a better deal from Houston. Meanwhile, in Texas, a District Judge "gave the Oilers their first victory" by ruling that he has jurisdiction over a suit filed by the team to prevent local parties from blocking a relocation. The judge ruled against Houston, Harris County and Astrodome USA's bid to move the case to state court -- where they "believe they have a better chance" (John Williams, HOUSTON CHRONICLE, 8/25).
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ORLANDO OFFICIALS TO HERRICK: ONE OF THESE DAYS, NORTON ...
Orlando developer Norton Herrick is seeking additional money from city and Orange County officials in his bid to bring baseball to Central FL. According to Lawrence Lebowitz in this morning's ORLANDO SENTINEL, Herrick "appears to be on the verge" of making an offer for the Pirates, and is "trying to firm up several key financing questions" with local officials. Herrick currently has an exclusive deal with Orlando and Orange County that the municipalities will build him a $150M ballpark if he moves a team to the area. Herrick reportedly wants more, including: a commitment to spend $15M to renovate the Citrus Bowl for interim play while the new stadium is under construction; and a restructuring of the financing package to give Herrick control over taxes that will pay for long-term stadium and parking improvements. Orange County Chair Linda Chapin: "We've already offered Mr. Herrick as much as the traffic will bear. I'm not interested in sweetening the deal anymore." Herrick has until March 9, 1997 to land a team before the deal expires. There are doubts MLB would move a team 90 miles from the Devil Rays (ORLANDO SENTINEL, 8/25).
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RILEY REPORTEDLY SENT HEAT DEMANDS BEFORE LEAVING N.Y.
Former Knicks coach Pat Riley "was already laying the groundwork" to become the next Heat coach when he resigned over "philosophical differences" over control of the Knicks on June 15, according to this morning's N.Y. TIMES. Mike Wise reports that Riley outlined demands to the Heat in a 14-point memo to the team. The memo reportedly includes a request by Riley to secure an immediate 10% stake in the team and another 10% over the length of the contract. NBA Commissioner David Stern is expected to rule early next week on whether the Heat violated league tampering rules if the two teams cannot come to an agreement (N.Y. TIMES, 8/25).
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STACK'S HOUSE SHOULD BE JUMPIN'
The Sixers announced that their season-ticket renewal rate is running at slightly over 90% for next season -- the highest since '83. New season tickets are up 40% (76ers).




