SBD/7/Facilities Venues

PATRIOTS SUFFER TWO LOSSES? LITTLE LOVE FOR NEW STADIUM BILL

          During a five-hour public hearing, "key" MA lawmakers
     joined House Speaker Thomas Finneran in "opposing" a new
     Patriots stadium bill and said that the state "should
     receive more than increased tax receipts" for its $50M
     investment in land and infrastructure around the Foxboro
     facility, according to Tina Cassidy of the BOSTON GLOBE. 
     Near the end of the hearing, House Ways and Means Chair Paul
     Haley "essentially declared the bill dead on arrival in its
     present form."  MA Acting Gov. Paul Cellucci testified for
     the bill that would use $30M in state aid on infrastructure
     improvements around the stadium and $20M to buy land at the
     site and lease it back to the team.  The Patriots would be
     required to spend "at least" $50M of their own money for
     stadium renovation.  The panel members "suggested the team
     could reduce taxpayers' exposure through naming rights for
     Foxboro Stadium, ticket surcharges" and the sale of PSLs. 
     Patriots VP/Business Affairs Andy Wasynczuk said the team
     would be "definitely open" to selling naming rights, but
     added that it didn't want to increase ticket prices or
     implement PSLs (BOSTON GLOBE, 10/7). 

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