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NEW TWIST IN BUCS STADIUM ADVENTURE
Published February 13, 1996
Pinellas County Commissioner Chuck Rainey has publicly rejected a "confidential, off-the-record" offer by Hillsborough County Commissioner Ed Turanchik to help move the Bucs across the Bay and have Hillsborough "kick in" $25M to build a new stadium there. According to the TAMPA TRIBUNE, in a letter sent to officials in both counties as well as Tampa Mayor Dick Greco, Rainey said he was "amazed to see an elected representative from Hillsborough County peddling the Tampa Bay Buccaneers to Pinellas County" and expressed concern that it would be seen as an attempt to "steal" the team (Joe Henderson, TAMPA TRIBUNE, 2/13). CULVERHOUSE II: Hugh Culverhouse, Jr., son of the Bucs' late owner, says his family wants to help finance a new stadium to keep the team in Tampa. A plan, which has received "preliminary support" from Tampa Stadium Authority attorney Don Gifford, would allow a $20M enhancement fee owed to the Culverhouse Trust by new Owner Malcolm Glazer to go toward retiring debt on a new stadium. As part of Glazer's $192M purchase, $20M must be paid to the Trust over a 10-year period if a new stadium is built in either Tampa or Orlando. If Glazer moves the team elsewhere, the fee jumps to $35M (Rick Stroud, ST. PETERSBURG TIMES, 2/13).