SBD/16/Franchises

SPANOS STEWS OVER COMPLAINTS ABOUT CITY'S SEAT GUARANTEE

          A crowd of 63,149 at Sunday's Chargers game "wasn't
     large enough" to meet the city's "controversial general
     admission-seat guarantee," according to Barry Bloom of the
     SAN DIEGO UNION-TRIBUNE.  If the city "must refund" Sunday's
     "full 5,000-seat commitment," it would fall $200,000 in
     arrears, which comes in the form of a rent rebate 30 days
     after each game.  The city can get money back when the total
     general admission ticket sales are tabulated at the end of
     the season.  On Sunday, Chargers Owner Alex Spanos "angrily
     declared the guarantee a modest fee" to keep the team in San
     Diego.  Spanos: "At least it shows they want us here. 
     Baltimore gave Art Modell $75 million.  And a 15-year lease
     at a new stadium, rent free."  He added that he "shunned
     several more lucrative offers" to move the team.  Spanos: "I
     love San Diego.  I intend to stay here and I don't want to
     move.  And I can't stand what everyone is doing knocking us
     and knocking the city.  Especially when you look at what
     other cities have done."  The club has "actively marketed"
     its premium seats, having sold about 90%, and Spanos said
     that for the first time the team will turn a "healthy
     profit" this season (SAN DIEGO UNION-TRIBUNE, 9/15).  

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Franchises, San Diego Chargers

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