SBD/13/Franchises

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  • FRANCHISE NOTES: DEVILS/NJSEA NEED MORE TALK TIME

         Although the Devils and the New Jersey Sports and Exposition
    Authority were granted a 30-day extension on their September 15
    deadline to come up with a lease agreement to keep the team in
    New Jersey through the 2006-2007 season, there is still no
    agreement and it "appears" both sides will seek another extension
    (N.Y. POST, 10/13)...."Frustrated by low attendance" the Florida
    Panthers are adding more seats to their "Panther Pack" tickets.
    The "Panther Pack" seats were the last three rows behind the nets
    and now will include the last six rows.  The additional seats
    were originally priced at $20, and now will cost $9.  The prices
    will run through Oct. (Dave Joseph, Ft. Lauderdale SUN SENTINEL,
    10/13)....The $113.25M sale of the Kings to Denver billionaire
    Philip Anschutz officially closed Thursday (L.A. TIMES,
    10/13)....The Stars drew only 13,491 fans Thursday, "well below"
    last year's 16,729 average (Tim Cowlishaw, DALLAS MORNING NEWS,
    10/13)....San Jose Mayor Susan Hammer said she believes the
    city's $43M offer to lure the Warriors from Oakland is enough to
    "close the deal -- but she refused to rule out a higher cost to
    the taxpayers" (SAN JOSE MERCURY NEWS, 10/13).
    

    Print | Tags: AEG, Dallas Stars, Franchises, Golden State Warriors, New Jersey Devils, Southwest Sports Group, YankeeNets
  • LET'S HAVE A "RAP" SESSION: TALKS SCHEDULED ON JETS MOVE

         Minneapolis City Council President Jackie Cherryhomes said
    yesterday she will convene a group of "key players" to "wrestle"
    with the notion of moving the Jets to Minneapolis and the Target
    Center, according to Jay Weiner of the Minneapolis STAR TRIBUNE.
    Among those she hopes to bring together are prospective Jets
    Owner Richard Burke, Target Center Manager/Ogden Corp.'s Dana
    Warg, representatives of the Metropolitan Sports Facilities
    Commission and the Timberwolves.  Cherryhomes noted NHL
    Commissioner Gary Bettman's Nov. 15 deadline for a decision on
    whether the team could move into the Target Center was
    "unrealistic," adding a Dec. 14 deadline was possible.
    Cherryhomes: "We (the Minneapolis Community Development Agency)
    happen to own the building.  The city has no money.  And we have
    seen no numbers.  But we have the responsibility to talk, if
    there's anything to talk about."  Cherryhomes also said of
    Burke's request for additional revenue from the Target Center:
    "The city has contributed.  It's now time for the state or
    region" (Jay Weiner, Minneapolis STAR TRIBUNE, 10/13).  An
    editorial in today's STAR TRIBUNE says that "finding a way for
    taxpayers to support the Jets financially may not be the critical
    issue.  More important may be whether enough fan and corporate
    support can be generated to maintain four major-league franchises
    in the Twin Cities area, plus a full slate of University of
    Minnesota sports programs" (Minneapolis STAR TRIBUNE, 10/13).
    

    Print | Tags: Franchises, Minnesota Timberwolves, New York Jets, NHL
  • REFUSE TO LOSE? SEATTLE STADIUM MEASURE HAS "FALLEN APART"

         A compromise plan to finance a new stadium for the Mariners
    and renovate the Kingdome for the Seahawks "has fallen apart,"
    according to this morning's SEATTLE POST-INTELLIGENCER.  House
    Speaker Clyde Ballard (R) and Senate Majority Leader Marc Gaspard
    (D) decided not to hold a vote on the plan yesterday because "too
    few lawmakers were willing to support it."  Michael Paulson notes
    lawmakers are scheduled to continue their special session to
    debate the issue today, "but a deep divide appears to have opened
    between lawmakers who negotiated the deal."  Ballard on the
    proposal: "The biggest red flag of all is that there are going to
    be state dollars out of the state budget.  You don't have to be
    Einstein to figure out that was going to be a problem,"  but he
    added, "We're going to work on ways to get the votes" (SEATTLE
    POST-INTELLIGENCER, 10/13).
         BREAK IT ON DOWN: Paulson writes 55% of the House Democrats
    and "more than" 50% of the Senate Democrats support the measure.
    "No more than" 33% of House Republicans and 25% of Senate
    Republicans support the financing plan (SEATTLE POST-
    INTELLIGENCER, 10/13).
    

    Print | Tags: Franchises, Seattle Mariners, Seattle Seahawks, Vulcan Ventures
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