SBD/5/Facilities Venues

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  • BROWARD COUNTY PITCHES MADE ON PLANS FOR NEW ARENA

         The cities of Ft. Lauderdale and Sunrise, FL, made their
    most detailed pitches to date yesterday about which plan is best
    for a new arena for the Panthers and/or Heat, according to the
    Ft. Lauderdale SUN SENTINEL.  Proposals were made at an
    unannounced, unadvertised meeting with Broward County's newly-
    hired financial advisor, Sam Katz of the Philadelphia-based
    Stafford Sports Ventures.  Sunrise proposed a $166M project and,
    for the first time, promised a $10M windfall to the county.  Ft.
    Lauderdale proposed a $190M complex that includes a parking
    garage, public transportation and urban redevelopment in eastern
    Broward County.  Katz will analyze the proposals in an effort to
    help the county meet Panthers Owner Wayne Huizenga's February 1
    (David Nitkin, Ft. Lauderdale SUN-SENTINEL, 1/5).
    

    Print | Tags: Facilities, Miami Heat
  • CONTINENTAL AIRLINES SIGNS ARENA DEAL WITH NJSEA

         Continental Airlines and NJSEA announced yesterday that the
    Meadowlands' Brendan Byrne Arena will now be known as Continental
    Airlines Arena.  The Continental logo will be placed on the roof,
    and, in addition to extensive on-site signage, the partnership
    will create significant marketing and promotional opportunities.
    All employees of Continental Airlines will be eligible for ticket
    discounts for events at the arena and a Continental Airlines
    ticket office will be located on the box office level of the
    arena (Continental).
         MORE ON THE DEAL:  Continental will pay $29M for the naming
    rights which will last through 2007, according to the N.Y. TIMES.
    Continental will pay $750,000 this year, $1.5M next year, $2.25M
    in '98 and $1.5M per season from '99 to 2007.  The airline will
    also provide NJSEA with $700,000 worth of travel, which can be
    used for the Devils and Nets, but also can be resold at 80% of
    face value.  Continental can cancel the deal with two years'
    notice starting in 2000.  NJSEA Chair Michael Francis said the
    deal was "based solely on economics" as the arena just finished
    negotiations leading to a new lease with the Devils.  The Devils
    will get 30% of Continental's payments while the Nets' share has
    yet to be determined (Richard Sandomir, N.Y. TIMES, 1/5).
         OTHER POINTS:  In Houston, another Continental hub, Charles
    Boisseau notes the deal does not prevent the airline from vying
    to obtain naming rights for a sports facility in Houston.
    Houston Mayor Bob Lanier and Rockets Owner Leslie Alexander are
    currently in discussions about building a new arena downtown
    (HOUSTON CHRONICLE, 1/5).  In Newark, Kevin Coughlin writes arena
    sponsorships can backfire if local media refuse to carry the
    corporate name in coverage, noting Star-Ledger reporters in the
    past have called the arena the Meadowlands Arena (Newark STAR-
    LEDGER, 1/5).
         CASE IN POINT:  In today's S.F. CHRONICLE, Ira Miller's
    story on the turf at 3Com Park still refers to the facility as
    Candlestick Park (S.F. CHRONICLE, 1/5).
         CARE FOR A BEVERAGE?  Jay Leno:  "In honor of the name
    change, the seats will be made smaller, leg room will be reduced,
    and the games will start fifteen to twenty minutes late all the
    time now" ("Tonight Show," NBC, 1/4).
    

    Print | Tags: Continental Airlines, Facilities, Houston Rockets, NBC, New Jersey Devils, Brooklyn Nets, YankeeNets
  • EDGAR SUGGESTS THE BEARS PAY UP TO HALF OF MCDOME COSTS

         In releasing the first public details of his plan to finance
    a $390M domed stadium for the Bears near Chicago McCormick Place,
    IL Gov. Jim Edgar proposed yesterday that the Bears pay up to
    half of the construction costs.  According to the CHICAGO
    TRIBUNE, Edgar also restated his belief that no new or increased
    tourism-related taxes would be necessary.  Bears VP/Ops Ted
    Philips said it was too early to say if the Governor's plan was
    viable.  Chicago Mayor Richard Daley responded angrily to Edgar's
    proposal, saying that without a statewide or regional tax, city
    lawmakers won't vote for it.  Daley also said Edgar's McDome
    plans are undermining his Soldier Field renovation plan (Pearson
    & Kass, CHICAGO TRIBUNE, 1/5).  The SUN-TIMES reports Edgar wants
    to extend taxes used now to pay for McCormick Place and Navy Pier
    rather than instituting new taxes (McKinney & Gillis, CHICAGO
    SUN-TIMES, 1/5).
    

    Print | Tags: Chicago Bears, Facilities
  • MAVERICKS AND STARS OFFICIALS TALK ABOUT NEW ARENA

         Representatives of the Mavericks and Stars met yesterday
    with Dallas officials to discuss plans for a new arena, according
    to the FT. WORTH STAR-TELEGRAM.  The meeting was characterized as
    a "get-acquainted" session in which few specifics were discussed.
    Dallas City Manager John Ware said the meeting was positive and
    the parties have agreed to meet again March 7 -- at which time
    they expect to "do some deal-talking."  One point of contention
    did arise when Stars President Jim Lites said new owner Thomas
    Hicks wants to be a full partner in the new arena.  In the past,
    the city has negotiated only with Mavs Owner Donald Carter.
    Carter commented, "I see us listening to them, but the Mavericks
    and the Carters, we don't take partners" (Thomas Korosec, FT.
    WORTH STAR-TELEGRAM, 1/5).
    

    Print | Tags: Dallas Mavericks, Dallas Stars, Facilities, Southwest Sports Group
  • STADIUM NOTES: KRAFT CRITICIZED IN BOSTON

         Patriots Owner Bob Kraft is criticized for a "shoot-
    yourself-in-the-foot" letter he sent to MA. Gov. William Weld
    critical of failed efforts to build a new, taxpayer-subsidized
    stadium in Boston (BOSTON GLOBE, 1/5)....The Tiger Stadium Fan
    Club hopes to have an initiative placed on the August ballot in
    Detroit to stop the Downtown Development Authority from selling
    $40M worth of bonds to build a new Tiger Stadium.  As of
    Thursday, the Club had 6,000 of 8,107 signatures needed (DETROIT
    NEWS, 1/5)....The Hillsborough Sports Commission voted yesterday
    to seek a "sports entertainment fee" on all events on TSA
    property, including games at the new Ice Palace, city-owned golf
    courses, and Yankees spring training games.  Officials will need
    permission from the FL Legislature before the fee can become law.
    TSA officials estimate the fee could generate $4M a year toward a
    new stadium for the Bucs (TAMPA TRIBUNE, 1/5)....The Broncos are
    considering several sites -- Central Platte Valley, the current
    Mile High Stadium site, the old Stapleton Airport and one just
    north of Coors Field -- for a new stadium.  The Central Platte
    Valley site reportedly is also being considered by Ascent
    Entertainment as a site for a new arena for the Ascent-owned
    Nuggets and Avalanche (AP/Colorado Springs GAZETTE-TELEGRAPH,
    1/5).
    

    Print | Tags: Colorado Avalanche, Denver Broncos, Denver Nuggets, Facilities, New England Patriots, New York Yankees, Palace Sports & Entertainment, Tampa Bay Buccaneers, YankeeNets
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