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HEAT-PANTHERS ARE TALKING PARTNERSHIP IN MIAMI
Published September 28, 1995
Urged on by Metro-Dade officials, representatives of the Heat and Panthers have begun meeting "to discuss becoming partners in building an arena," according to this morning's MIAMI HERALD. Metro-Dade Commissioner Arthur Teele is trying to arrange a meeting between Panthers Owner Wayne Huizenga and Heat Owner Micky Arison within 10 days. The county faces an October 15 deadline set by Huizenga, after which he has said he would consider selling the team or moving out of state. The Heat seeks an arena downtown, while the Panthers prefer North Dade or South Broward, possibly next to Huizenga's Joe Robbie Stadium. Teele: "I get the distinct impression both parties will yield if [location] becomes the last obstacle." However, the two sides are also yet to discuss financing. The county has offered to raise more than $100M of the anticipated $165M price through a one-cent bed tax and sales tax rebates. Huizenga has said he would offer a "substantial" sum toward an arena, but he balked at an earlier project that called for him to pay $50M (Amy Shipley, MIAMI HERALD, 9/28).