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TIGERS SET TO TEST MARKET ON SUITE SALES
Published January 31, 1997
The Tigers began the public sale of suites for their new stadium set to open in '99. Suites are priced at $75,000- $125,000. The team has sold 50 suites to sponsors and season-ticket holders, leaving 30 available for public lease. Suiteholders can purchase either a four-year plan with a 6% annual price increase or a seven-year plan with a 3% increase per year (Tigers). The Tigers expect to raise $6-8M annually through suite sales (DETROIT NEWS, 1/31).