Adelson Ready To Walk Away From Raiders Plan Developers Exploring Arena Near Scottsdale Facility Notes Hansen Group Offers To Fund Seattle Arena Privately Chargers Have L.A. Options If Ballot Measure Fails Yankee Stadium Adding Social Gathering Areas Plans Revealed For Phase II Of Ballpark Village Sources: Fortress Backing Lott-Raiders Group Facility Notes San Diego Voters Still Skeptical Of Stadium
AY IN TAMPA BAY, ANOTHER NEW STADIUM PLAN
Published September 27, 1995
The Bucs and Owner Malcolm Glazer are scheduled to release details this afternoon of a seat deposit plan "that could raise" $30M toward construction of new stadium, according to today's ST. PETERSBURG TIMES. The seat deposits would be a "long-term loan" from season ticket holders to Glazer and the team, with 5% being refunded to buyers annually for nine years and the remainder refunded in the 10th year. Fans are also expected to learn this afternoon what they will pay for club seats and luxury suites in the proposed stadium (Jeff Testerman, ST. PETE TIMES, 9/27). In Tampa, Joe Henderson writes, "Stadium funding plans have been as plentiful among public and civic leaders as sunburn cases at Tampa Bay Buccaneer games." Henderson notes Hillsborough County Commissioner Chris Hart plans to "convene a committee within two weeks to study ways to reduce the stadium cost and increase funding options." Commissioner Joe Chillura still believes a sports lottery to pay for stadiums "is viable" (TAMPA TRIBUNE, 9/27). HIGH-POWERED LUNCH: The GMs of Tampa Bay's three pro teams attended the Tampa/Hillsborough Convention and Visitors Assn annual meeting. Each spoke about the importance of their respective franchises, but all agreed that a new Bucs stadium "is a necessity." Lightning GM Phil Esposito: "It should be done if we're going to grow in this market" (Nick Pugliese, TAMPA TRIBUNE, 9/27).