Orlando City Venue Privately Funded ESPN's Ley, Schaap Praised FIFA Coverage SEC To Pay Out $435M In Revenues DraftKings To Sponsor Belmont Stakes NLL Swarm Moving To Atlanta Area Blatter Re-Elected FIFA President Braves Sign Delaware North For New Ballpark Bulls Brass Parts Ways With Thibodeau Blatter Wins Fifth Term As FIFA President Warriors-Rockets Gets Big Viewership For ESPN
SBD/12/Facilities VenuesPrint All
Several Baltimore city planners are seeking design changes to the Ravens proposed stadium "and have even suggested delaying construction for a year to ensure a park equal in presence to Oriole Park," according to the Baltimore SUN. Ravens and MD Stadium Authority officials "emphatically" rejected the idea, but planners said the design is "so unimaginative and the building so important to the city" that a delay may be warranted. According to MSA, a one-year delay will cost $16.5M in ticket sales, $12M in inflation, and $5M in extra pay for architects and contractors while the Ravens play an extra year in Memorial Stadium. Ravens VP David Modell: "There's no way. Our deal called for us to go into the new stadium in 1998 and we have basically constructed our entire business schedule around that" (Marcia Myers, Baltimore SUN, 6/12).
The Miami Sports and Exhibition Authority may pay an additional $9M towards a new $165M Heat arena so that Dade County will not have to dip into its general fund, according to the MIAMI HERALD. The Authority will now pay $24M total, with the $9M held in reserve should Dade's other cash sources, such as tourism revenue, fall short. Even with extra $9M, Dade will pledge $7M from sales tax proceeds as backup. Metro Dade Commissioner Katy Sorenson, an arena opponent, said the plan "has gotten a little bit better," but added, "Let the Heat build its own arena. It can well afford to do so" (Don Finefrock, MIAMI HERALD, 6/11).
On the same day that the Oakland City Council and the Alameda County Board of Supervisors voted to issue $140M in joint bonds for the reconstruction of Oakland Coliseum Arena, the two bodies considered changes in the 16-year lease between the Coliseum and the Raiders. According to Tara Shioya of the S.F. CHRONICLE, changes would give the Raiders incentive to help billboard and broadcast sales which have been "disappointing" due to poor A's attendance and construction work on the stadium. Under the current lease, the first $3.5M generated by ad revenue goes to the A's, the next $500,000 to the Coliseum and the next $500,000 to the Raiders. In the proposed lease, after the $3.5M to the A's, all revenue would be divided equally between the Coliseum and the Raiders. Also, the Raiders would build 139 rather than 175 luxury suites, with remaining boxes to be added whenever demand arose (S.F. CHRONICLE, 6/12).
The newest plan to finance a new Brewers stadium appears to need three more votes to pass the 13-member stadium board (MILWAUKEE JOURNAL SENTINEL, 6/12)....The NFL's CFO Tom Spock and Roger Goodell, Senior VP of Business and Football Development, will be in Houston Friday to consult with officials on construction of a new football stadium (HOUSTON CHRONICLE, 6/12)....The Redskins unveiled a model of one of 280 executive suites available at their new stadium. The suites include 12 seats facing the field, four stools behind, sofas and swivel arm chairs and will be sold for $59,950 to $159,950 (WASHINGTON TIMES, 6/12)....The Reds have "belatedly" contributed $41,000 to a campaign for the March stadium/sales tax vote (Baltimore SUN, 6/12)....In Tampa, Tom McEwen writes the naming of Tampa Stadium's after Houlihan's is "another reminder the Glazers consider public relations their lowest priority" (TAMPA TRIBUNE, 6/12).