Menu
SBJ Best Places to Work in Sports 2024

Nominate Your Company Today

Facilities Venues

BUCS TAX LAWSUIT TO BE HEARD TODAY; LEASE ALMOST DONE

     Hillsborough Circuit Judge James Whittemore is scheduled to
hear arguments today on a lawsuit filed earlier this week by
former Tampa Mayor William Poe over a proposed half-cent tax
increase to help fund a new Bucs stadium, according to the TAMPA
TRIBUNE.  Poe wants the Community Investment Tax removed from the
September 3 ballot, claiming the $2.7B tax is unconstitutionally
"motivated by the attempt to build the stadium."  The facility is
projected to receive 11.7% of the total tax money, with the
remainder going toward schools, roads and public works.  In
response to the suit, County attorney Emeline Acton said the
action is "more about political rhetoric than valid
constitutional ... challenges."  Tampa City Council Chair Ronnie
Mason noted he is "not real optimistic" about the tax increase
passing due to "growing community frustration" with the entire
issue (Joe Henderson, TAMPA TRIBUNE, 8/23).
     LEASE UPDATE:  The TRIBUNE's Henderson also writes city and
county negotiators have "nearly completed" a lease with the Bucs
for the proposed stadium and hope to gain government approval by
next week.  Features include:  Bucs Owner Malcolm Glazer can set
the price for parking at all Bucs games, but would have to
negotiate with the Tampa Stadium Authority before determining
prices for other events; the Bucs would be required to play nine
games each year; TSA will own and manage the facility, but Glazer
would have the right to develop land adjacent to the building;
and the lease would run for 30 years, with the team holding four
five-year renewal options after that.  Glazer would also pay
$3.5M annually to pay part of the construction debt.  The parties
have set an August 29 deadline to act on the lease (TAMPA
TRIBUNE, 8/23).  A TAMPA TRIBUNE editorial applauds Glazer for
rejecting an offer made last year by the Maryland Stadium
Authority to move the Bucs to Baltimore: "There is more at stake
[in the tax vote] here than money.  Most of Tampa's civic leaders
understand that, and apparently so does the reticent Malcolm
Glazer" (TAMPA TRIBUNE, 8/23).

SBJ Morning Buzzcast: May 13, 2024

Upfront week and sports is grabbing more of the pie; Why the WNBA going to Toronto is important; San Diego continues to be a baseball town

Phoenix Mercury/NBC’s Cindy Brunson, NBA Media Deal, Network Upfronts

On this week’s pod, SBJ’s Austin Karp chats with SBJ NBA writer Tom Friend about the pending NBA media Deal. Cindy Brunson of NBC and Phoenix Mercury is our Big Get this week. The sports broadcasting pioneer talks the upcoming WNBA season. Later in the show, SBJ media writer Mollie Cahillane gets us set for the upcoming network upfronts.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/1996/08/23/Facilities-Venues/BUCS-TAX-LAWSUIT-TO-BE-HEARD-TODAY-LEASE-ALMOST-DONE.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/1996/08/23/Facilities-Venues/BUCS-TAX-LAWSUIT-TO-BE-HEARD-TODAY-LEASE-ALMOST-DONE.aspx

CLOSE