SBD/30/Facilities Venues

Print All
  • COMPAQ FINALLY REACHES THE SUMMIT AFTER CITY COUNCIL OK

              The Houston City Council unanimously approved the
         agreement that would rename The Summitt as the Compaq
         Center.  Compaq will pay the Arena Operating Company,
         managers of the city-owned arena, $5.4M over the next six
         years to upgrade the facility (Compaq).  The vote had been
         delayed as Rockets officials "had been concerned" how the
         Compaq deal would affect the team's advertising "contract
         inside the facility."  But the Rockets "dropped their
         request for further delay" after Compaq agreed to negotiate
         a separate ad deal with the team (HOUSTON CHRONICLE, 10/30).
    
    

    Print | Tags: Facilities, hp, Houston Rockets
  • MINNESOTA GOV. OFFERS THE "CARLSON DOCTRINE" ON SPORTS

              MN Gov. Arne Carlson "proposed a comprehensive, albeit
         sketchy, 'global' approach to the public funding of pro
         sports in Minnesota," according to Weiner & Whereatt of the
         Minneapolis STAR TRIBUNE.  While Carlson offered no new
         financing ideas, he said that the futures of the Twins,
         Vikings and the new St. Paul NHL team "should be linked." 
         Carlson: "We're going to have to approach it with a much
         more global solution."  But Weiner & Whereatt write that
         Carlson's comments "generally ran counter to legislative
         sentiment," and that some saw his bringing the Vikings into
         the picture "as another problem for the Twins effort." 
         Carlson said the state legislature should consider a $250M
         investment in s Twins ballpark; $125M to refurbish the
         Metrodome and $65M towards the arena for St. Paul's NHL
         expansion team.  Carlson, referring to state legislators:
         "Stop making silly promises of no public money.  Of course,
         it's going to have public money" (Minneapolis STAR TRIBUNE,
         10/30).  Carlson also floated the possibility of moving the
         NHL expansion team to the Target Center and building a Twins
         ballpark in St. Paul.  But the NHL team owners "discounted
         such speculation" (Minneapolis STAR TRIBUNE, 10/30).
              IT'S NOTHING PERSONAL, IT'S ONLY BUSINESS: In MN,
         Phelps & Tevlin write that after the legislature asked the
         Twin Cities business and labor communities to support a new
         Twins ballpark, a survey found "mostly lukewarm response"
         among union and business execs.  Other than luxury suite
         commitments, the business community "indicated that it would
         stay largely on the sidelines.  And unions said their rank
         and file reflect the general population's hesitancy to use
         state money for pro sports" (STAR TRIBUNE, 10/30).
    
    

    Print | Tags: Facilities, Minnesota Twins, Minnesota Vikings, NHL
  • ST. LOUIS FANS LIVING THE LIFE OF LUXURY -- WILL TEAMS PAY?

              The Rams, Blues and MLB Cardinals are "opposing an
         effort" by St. Louis License Collector Thomas Nash to apply
         the city's 5% amusement tax to the full price of luxury
         suites and other exclusive seats at their games, according
         to Mark Schlinkmann of the ST. LOUIS POST-DISPATCH.  The
         teams have been paying the tax "only on a portion" of what
         they charge companies and individual fans for those seats --
         the portion "they say admits fans to the game itself."  The
         teams "contend that the tax shouldn't apply to other parts
         of the charges because those go for special amenities" such
         as waiter/waitress service, access to special restaurants &
         bars, valet parking, private restrooms, telephones and
         closed-circuit TVs.  Nash said that the city "could get ...
         at least several hundred thousand dollars a year" from the
         new interpretation.  A POST-DISPATCH analysis "shows the
         amount could be higher," as the city would take in an
         "additional $320,000 or so" just from the TWA Dome's 118
         luxury suites leased for Rams games.  Schlinkmann writes
         that Nash "hopes to resolve the issue in private meetings
         with the teams but that it was possible that the matter
         could end up in court" (ST. LOUIS POST-DISPATCH, 10/28).
    
    

    Print | Tags: Facilities, St. Louis Blues, St. Louis Cardinals, St. Louis Rams
  • TIGERS' NEW DEN COMES JUST-IN TIME FOR THOMPSON, CLARK, ETC.

              The Tigers held a groundbreaking ceremony for their new
         ballpark yesterday, according to Charlie Vincent of the
         DETROIT FREE PRESS.  Tigers Owner Mike Ilitch: "It will not
         be a stadium or a field, it will be a ballpark."  The Tigers
         plan to be in the new stadium by Opening Day 2000, but one
         official guest, who requested anonymity, said, "I still
         don't know if it's going to happen."  Vincent: "For the
         record, no one else voiced even the slightest sign of doubt"
         (DETROIT FREE PRESS, 10/30). Also in Detroit, Patricia
         Montemurri reports that approximately 1,000 people attended
         the groundbreaking.  Montemurri also writes that a
         consortium of 12 U.S. and Canadian banks have "a binding
         agreement" for a $145M loan package with the Tigers and
         Ilitch.  But Michael Monahan, President of Comerica Inc. &
         Comerica Bank, the consortium's lead bank, said that the
         final deal "hasn't been signed," and he declined to say how
         long before it would be finalized (FREE PRESS, 10/30).
    
    

    Print | Tags: Detroit Tigers, Facilities
Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug