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PATRIOTS SUFFER TWO LOSSES? LITTLE LOVE FOR NEW STADIUM BILL
Published October 7, 1997
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).




