Cavs "Quietly" Sought County Funds For Arena Bettman: Flames Need New Arena Marquette, Bucks Partner On Athletics Center NFL: Officials Properly Inspected Deflategate Balls Gillette Stadium Adds Cross Insurance Pavilion NASCAR HOF Sponsors Revenue Plummets Glendale On Pace To Lose $8.8M On Arena Deal OU Prez Says Stadium Upgrades Not Delayed Indy Eleven Unveil Stadium Renderings Wisconsin Gov. Proposes Bucks Arena Funding
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Published January 31, 1997
San Diego Mayor Susan Golding is trying to "persuade" Chargers Owner Alex Spanos to "renegotiate" some of the "least popular aspects" of the team's new stadium lease. Golding did not "sound optimistic," saying discussions "haven't gotten very far" (SAN DIEGO UNION-TRIBUNE, 1/31). ...In Boston, State House Speaker Thomas Finneran "threatened" yesterday to rewrite the MA Port Authority's charter if the agency follows through on plans to lease land in South Boston to the Patriots at below-market prices (BOSTON GLOBE, 1/31)....In Milwaukee, details involving the bonds issued for the Brewers' new stadium have been "ironed out." Underwriters Robert W. Baird & Co. and Bear Stearns & Co. have applied for municipal bond insurance. If they get it, the bonds, which are now rated A, will be rate AAA by Standard & Poor's and AAA by Moody's Investors Service. Also, investors will be able to choose maturities of between one and 30 years. The bonds will be sold in increments of $5,000, starting with a minimum of $5,000 (MILWAUKEE JOURNAL SENTINEL, 1/31)....The Palisades Club in Newport Beach, CA, and Riviera Club in Pacific Palisades are possible sites to host a future Davis Cup match (L.A. TIMES, 1/30)....The Pacers scheduled two extra tours of Market Square Arena due to "high demand." The team is offering the tours to show the need for a new facility (INDIANAPOLIS STAR-NEWS, 1/30).