DC United Receives Approval To Build Audi Field Raiders Securing Bank Financing For Vegas Stadium? New NBA Jersey Deals Could Signal Changing Market Hansen Remains Confident In Seattle Arena Project Players Praise New Ballpark Of The Palm Beaches Facility Notes NBPA, Players Look To Profit Off Images Lions Unveil $100M Renovation Plan For Ford Field Facility Notes NBA Attendance Flat Headed Into All-Star Break
NBA TO TESTIFY OVER SEAHAWKS STADIUM FUNDING MECHANISM
Published March 3, 1997
NBA attorneys will testify today in Olympia, WA, "against the portion of the Seahawk stadium-financing plan that would tax sports memorabilia and apparel licensed by the NBA," according to Robert Nelson of the SEATTLE TIMES. Chris Brienza, NBA Dir of Media Relations: "We don't understand why the NBA is being asked to pay for a football stadium." The publicly funded portion of the stadium plan will be the subject of two hearings today. NBA Chief Legal Office Jeffrey Mishkin is one of two league officials who will testify. Saturday, he called the proposed 10% wholesale tax on licensed, logo-bearing merchandise "simply unfair." Mishkin: "Our basic position here is that we cannot understand why the NBA should be asked to pay for a public project we did not ask for and will not benefit from." One official said the league's attorneys "will not comment on the rest of the plan or the wisdom of using public money to finance it." The TIMES' Nelson reports that one of the NBA's "concerns" is that the 10% surcharge "would make it more difficult for league-sanctioned apparel to compete in price against clothing sold by Polo, Nike and other manufacturers" (SEATTLE TIMES, 3/1).