Seahawks/Sounders Looking For Naming Rights Turner Field Area Could Become College Stadium Kentucky Scores Big With Luxury Football Seating Redskins Sell Naming Rights For Team HQ Sources: Isles In Talks For Arena At Belmont Park Facility Notes Islanders Potential Arena Near Citi Field? Chargers Dive Into Convention Center Possibilities MetLife Stadium Name To Stay Despite Changes Broncos Have No Stadium Naming Rights Offers
Published October 8, 1996
In Cleveland, a breakfast presentation for a few hundred business executives today "will kick off" loge sales for the proposed 72,000-seat lakefront stadium. Club seat sales will start in about a month. By January 31, the city must have lease agreements for loges and club seats worth $9.4M a year, with at least $3M from club seats. The average leases must be eight years for loges and seven years for club seats (Cleveland PLAIN-DEALER 10/6)...In Boston, Kevin Paul DuPont notes "word around" Boston is that two parties are "seriously interested" in knocking down the Garden and developing the site into retail, office and apartment space. Another "rumor" has Delaware North "contemplating" shifting its headquarters to Boston (BOSTON GLOBE, 10/6)....Tigers and Little Ceasars Enterprises Inc. owner Michael Ilitch said he remains "committed" to raising his $145M share of private financing for a new, $240M ballpark and that financing would be "of a traditional nature". Ilitch said there are "no plans" to pledge the assets of Little Ceasars as collateral on a loan (CRAIN'S DETROIT BUSINESS, 9/30).