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TIGERS' NEW DEN COMES JUST-IN TIME FOR THOMPSON, CLARK, ETC.
Published October 30, 1997
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).