Sources: Mark Davis To File Vegas Papers In January Raiders' Davis Earns Respect Of Other Owners Bon Jovi Dispels Rumors He Wants To Buy Titans Senators Struggling With Early Season Attendance Barclays Center Using VR To Sell Islanders Tickets Franchise Notes Oakland Doesn't Need To Match Raiders Stadium Offer Owners' Opinions On Raiders' Vegas Plan Vary Devils Unveil One Jersey Marketing Campaign Has Blue Jays' Success Bred Smarter Fans?
MINNESOTA GOVERNOR FLOATS HIS FOUR-FRANCHISE PLAN
Published October 23, 1995
MN Gov. Arne Carlson proposed a '97 referendum on a new baseball stadium that, if approved, "could be the basis" for tying the state's three existing pro teams and the Jets "to long- term stays," according to Jay Weiner of the Minneapolis STAR TRIBUNE. Carlson also proposed a two-year public subsidy for the Jets if new owner Richard Burke pays an equal amount -- about $2M per year. In addition, Carlson's plan calls for the potential for partial public ownership of at least one of the area's teams. Carlson said any Jets subsidy would be, in effect, "bridge financing" supported by higher income taxes generated by the team. Eventually, a new metro or state sports authority would take over and "rearrange finances" for the Jets. Asked how the Jets could make it without public funds, Carlson proposed the sale of shares in the team (Minneapolis STAR TRIBUNE, 10/21). MORE TALK ON IMPACT: Weiner also examines the debate over economic impact of sports teams, writing, "Pro sports in the '90s is not a matter of economic benefit. It is, rather, a matter of collective self-esteem and civic differentiation. It is a signature of what a community is and wants to be." Lake Forest College's Robert Baade: "There's something psychological taking place. It's about the quality of life" (Minneapolis STAR TRIBUNE, 10/22).