SBD/17/Facilities Venues

Print All
  • ALLEN CONTINUES TO STRESS THAT TIME IS SHORT FOR 'HAWKS DEAL

              Paul Allen "warned" WA lawmakers in a letter that they
         "have just one shot -- the current session -- to approve a
         June vote on his plan to replace the Kingdome" with a $425M
         stadium and exhibition hall, according to Ed Penhale of the
         SEATTLE POST-INTELLIGENCER.  WA Gov. Gary Locke supported
         Allen by adding there "would be no special session on the
         legislation."  The POST-INTELLIGENCER's Penhale notes the
         stadium funding bill is "near death" in the House because of
         the proposed 2.5% tax on sports-licensed merchandise and
         some Members have called on Allen to contribute more to the
         stadium proposal than the $100M he has offered.  WA State
         Rep. Paul Zellinksy had asked Allen to "make another run at
         the stadium next year," but Allen responded that if the
         current proposal fails in the House, he will not exercise
         his option to buy the team.  Allen: "As to why I just don't
         pay for everything, I was asked to be a partner in this
         endeavor, not the only partner.  We are convinced that fans
         want to be a part of the solution.  If they don't, they will
         tell us at the polls" (SEATTLE POST-INTELLIGENCER, 4/17).
      
    

    Print | Tags: Facilities
  • RAPTORS NOT INTERESTED IN JOINING LEAFS AT NEW GARDENS

              The Maple Leafs will announce this morning that they
         want to "extend an olive branch" to the Raptors by becoming
         business partners in the construction of a new Maple Leaf
         Gardens, according to Marty York of the Toronto GLOBE &
         MAIL.  The Leafs are studying a site above Union Station,
         one block from the Raptors' Air Canada Centre, which has
         begun construction.  Raptors President Richard Peddie:
         "We're a little amazed with the Leafs."  Peddie said that
         the Leafs "never mentioned Union Station" during site
         negotiations before February.  Peddie: "We have $80-million
         invested in this site.  We have two months of construction
         behind us already" (GLOBE & MAIL, 4/17).  MLG VP & Project
         Dir Tom Anselmi says that he doesn't think the Raptors "were
         nearing the point of no return" on making a decision to join
         the Leafs (Lance Hornby, TORONTO SUN, 4/17). 
    
    

    Print | Tags: Facilities, Maple Leaf Sports and Entertainment, Toronto Maple Leafs, Toronto Raptors
  • RAVENS STADIUM ON SCHEDULE, BUT O'S/MSA BICKER OVER PARKING

              MD officials say construction of the Ravens' new
         stadium is "on budget and on time" for the '98 season,
         according to Paul Valentine of the WASHINGTON POST.  The
         stadium's financing plan has been "slightly altered," but MD
         Stadium Authority (MSA) Exec Dir Bruce Hoffman said that
         more public money will not be requested.  Also "in the early
         stages of study" is an "urban entertainment center" between
         the stadiums which would include a hotel, movie theaters,
         restaurants and a sports museum.  It would take some of the
         4,000 parking spaces between the stadium and Oriole Park,
         but Hoffman said that "would be more than offset" by
         construction of a 2,000-car garage (WASHINGTON POST, 4/17). 
         In Baltimore, Jon Morgan writes that the dispute over
         Orioles parking "has become the latest flash point in a
         rapidly deteriorating relationship" between the MSA and the
         Orioles.  Morgan: "Each side accuses the other of dragging
         its feet and inconveniencing fans whose spaces were
         displaced by the construction of the Ravens' stadium.  The
         rhetoric has become lively" (Baltimore SUN, 4/17).
              
    

    Print | Tags: Baltimore Orioles, Baltimore Ravens, Facilities
  • STADIUM NOTES

              In Tampa, Hillsborough County commissioners approved a
         loan to continue building a "scaled down" version of a new
         football stadium in case the Bucs' lease is overturned later
         this year by the FL Supreme Court.  Former Mayor Bill Poe's
         challenge has kept officials from selling $204.5M in
         construction bonds, making a $9.7M loan necessary to
         continue stadium construction through July (TAMPA TRIBUNE,
         4/17)....A MN House subcommittee approved a bill that
         authorizes the state to buy the Twins for as much as $100M. 
         Also, the MN Legislative Commission on Planning and Fiscal
         Policy will pay the accounting firm of Deloitte & Touche
         $38,500 over the next month to analyze proposals for the
         legislature on the Twins issue.  Deloitte & Touche was
         selected over a new consulting firm, the Sports Economics
         and Facility Financing Group, made up of Smith College
         baseball economist Andrew Zimbalist, IU Urban Economist Mark
         Rosentraub and Congressional Research Service Tax Economist
         Dennis Zimmerman (Minneapolis STAR TRIBUNE, 4/17)....In AZ,
         the state Senate approved a bill allowing two or more
         municipalities to develop stadium districts, which then
         could ask voters to approve a sales tax to fund a sports
         complex for the Cardinals.  The bill also repeals a law that
         allowed Maricopa County to levy a sales tax to build the
         Bank One Ballpark without voter approval.  The bill now goes
         to the House (ARIZONA REPUBLIC, 4/17)....The Tostitos Fiesta
         Bowl and ASU agreed on a new lease to keep the game at Sun
         Devil Stadium for at least the next ten years.  The lease is
         subject to approval by the AZ Board of Regents (ARIZONA
         REPUBLIC, 4/17).
    
    

    Print | Tags: Deloitte & Touche, Facilities, Minnesota Twins, Tampa Bay Buccaneers
Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug