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WARRIORS, CITY OF OAKLAND, LOOK TO DEAL WITH PSL PLAN

          Despite an announcement not to make fans buy PSLs for
     next season, the Warriors remain bound by contract to sell
     seating rights at the new Oakland Arena, according to Renee
     Koury in the SAN JOSE MERCURY NEWS.  After announcing last
     year it would "dump" PSLs, and instead give Oakland and
     Alameda County the $25M that the public agencies planned to
     earn from PSL sales, the team has yet to reach an agreement
     to change a contract with the city and county requiring
     sales of seating rights in the rebuilt arena.  PSL revenue
     was to go public agencies to help pay for the deal to keep
     the team in Oakland for at least the next decade.  City and
     county leaders are "wary" of the team's $25M offer, "saying
     it may not be enough to help cover the annual debt payments"
     on the $140M deal.  While the team had proposed paying the
     $25M in staggered payments over five years, team
     spokesperson Robin Baggett said they might consider paying
     more of the $25M sooner, so the amount of debt would be
     reduced faster (SAN JOSE MERCURY NEWS, 2/9).

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