SBD/12/Facilities Venues

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  • CRITICS SEEK DELAY TO "UNIMAGINATIVE" RAVENS STADIUM

         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).
    

    Print | Tags: Baltimore Ravens, Facilities
  • MIAMI SPORTS AUTHORITY COUGHS UP $9M JUST IN CASE

         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).
    

    Print | Tags: Facilities, Miami Heat
  • POOR AD SALES FORCE OAKLAND/ALAMEDA TO REVIEW RAIDERS LEASE

         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).
    

    Print | Tags: Facilities, Oakland Athletics, Oakland Raiders
  • STADIUM NOTES

         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).
    

    Print | Tags: Cincinnati Reds, Facilities, Milwaukee Brewers, NFL, Washington Redskins
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