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BOWLEN OPTIMISTIC THE BRONCOS CAN BUCK OUT OF STADIUM LEASE
Broncos Owner Pat Bowlen on Wednesday predicted that "he can negotiate" a deal with the city of Denver "to break" his team's lease at Mile High Stadium, which expires in 2018, in time for a special stadium election in May, according to Alan Snel of the DENVER POST. Bowlen said that the fact that Denver spent two years "dealing with" Ascent Entertainment over the severing of their lease at McNichols Arena "will help the city and the Broncos hammer out" a deal. However, Snel points out that there are "several" legislative "hurdles to attain" before a stadium election could be held in May. But Bowlen remains "optimistic." Bowlen: "We're not reinventing the wheel here. ... We just have to shut the doors and keep the negotiations out of the newspapers" (DENVER POST, 10/23). In Denver, Ann Imse reports that Stadium Board Chair Ray Baker yesterday said that the new stadium is "likely" to cost $300M, a figure which is 25% "more than" the original $240M projection. The taxpayers' share of the stadium cost "is capped at" $180M by state law, so the entire increase "would be borne" by the team. Despite Baker's estimate, Bowlen feels the facility will cost between $260-$280M (ROCKY MOUNTAIN NEWS, 10/23). -
FACILITY NOTES
The Greensboro Coliseum unveiled a new, $1.1M scoreboard during last night's Blues-Hurricanes game. The Hurricanes paid for 60% of the scoreboard's cost, with the remainder covered by the team's rent payments to the arena (Brian Holloway, Greensboro NEWS & RECORD, 10/22)....MLG Board Member Brian Bellmore said that, despite reports, the Maple Leafs have "no intention of moving" to the Raptors new Air Canada Centre (Lance Hornby, TORONTO SUN, 10/23). -
FOR PLAYERS ONLY: WARRIORS BAR PUBLIC FROM PRACTICE FACILITY
Oakland City Council members "were shocked to learn" that the public "will not have access to the Warriors' two- week-old training facility," even though the city paid $1M of the center's $7M construction costs, according to Stacey Wells of the OAKLAND TRIBUNE. Council members say that they thought the city's financial contribution "was in exchange for use" of the facility for youth basketball events and "to ease overcrowding at the adjacent Oakland Convention Center." But Warriors spokesperson Eric McDowell said, "Right now the only accessibility is for the basketball staff and training." Wells: "At this point, it's unclear whether the basketball team has broken its promise to the city or if officials misinterpreted the pledge" (Stacey Wells, OAKLAND TRIBUNE, 10/22). -
NEW REPORT SHOWS COST OF RAIDERS DEAL CONTINUES TO GO UP
The financial situation at the Oakland Coliseum "is looking worse" as Oakland and Alameda County "may have to kick in about" $6M this year "on top of" the $8M already budgeted "to bail out" the complex, according to a front- page report by Rick DelVecchio of the S.F. CHRONICLE. Both the city and the county "have earmarked cash" to cover Coliseum deficits for the next two years, but the "deepening hole" may mean that the "cushion will disappear sooner than expected." Oakland City Councilmember Ignacio De La Fuente: "We have $20-million-plus. I was counting on that $20 million to last a couple of years, at least." DelVecchio adds that if the surplus funds are "exhausted," money "will have to come from" general funds, and the cost of any bailout "would be split" by the city and county. The deficit comes "partly" as a result of the "slow sales" of Raiders PSLs, which, with "more than" 20,000 available, have "been abysmal." From July 1 to September 30, the Coliseum's revenue from PSL sales totaled $1.9M, "just" 28% of what the Coliseum Authority had budgeted. In the first quarter, the Coliseum "ran" $11.8M "in the red" (S.F. CHRONICLE, 10/23). -
POLL: VOTERS WON'T SUPPORT TAX FOR PIRATES AND STEELERS
A new poll shows southwestern PA voters are set to "resoundingly reject" a proposed 0.5% sales tax to help fund new sports stadiums on November 4, according to Dennis Barbagello of the Pittsburgh TRIBUNE-REVIEW. Results of the poll, commissioned by PA-based Lincoln Institute of Public Opinion Research, a non-profit foundation, "indicate that Allegheny County voters are likely to reject the plan by a two-to-one margin," and voters in the 10 other counties "may vote nearly three-to-one against." Opposition to the proposal "is especially strong outside of Allegheny County" where 71% of those surveyed said they will vote against it, compared to 15% who "indicated support." Other findings found that 43% don't believe the Pirates will leave the city if a new ballpark is not constructed; 31% feel they will and 26% had no opinion. "Only" 15% believe the Steelers will leave without a new stadium. The poll of 336 registered voters in the 11-county region was conducted for the Lincoln Institute October 15-16 by PA-based Precision Marketing. Margin of error was +/- 3% (TRIBUNE-REVIEW, 10/22). TURNING TIDE? ESPN's Sal Paolantonio reported that since '89 "voters in nine cities have approved referenda to finance new facilities for their professional sports teams. Only one has failed, Seattle, and it was later approved there. So NFL officials and proponents of new stadiums in cities such as Philadelphia and Denver are closely watching the November 4 ballot issue here in Pittsburgh to see if the tide is turning against taxpayer support of professional sports franchises" ("SportsCenter," ESPN, 10/22). -
TWINS TALKS SPIRALLING TOWARDS CLIMAX: SPECIAL SESSION IN MN
The Twins pursuit for a new ballpark is "creeping toward a political climax," as a special session convenes today in St. Paul to "determine the fate" of MLB in MN (Jay Weiner, Minneapolis STAR TRIBUNE, 10/23). A STAR TRIBUNE editorial this morning states that if the Twins leave MN, the Minnesota "economy and culture will be poorer and more isolated" (Minneapolis STAR-TRIBUNE, 10/23). In St. Paul, Patrick Sweeney reports that Twins Owner Carl Pohlad bought full-page ads in both Twin Cities newspapers "to deliver a message to the public and to lawmakers." In the ads, Pohlad said he "is willing to discuss" a ballpark contribution, and also "pledged, as a show of good faith," that if he sells the team to NC investor Don Beaver, he "will donate the difference between his investment in the team and Beaver's purchase price to local charities" (PIONEER PRESS, 10/23).




