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  • CINCINNATI OFFICIALS OPTIMISTIC ABOUT BENGALS DEAL

              Cincinnati and Hamilton County leaders "are poised to
         vote today on a deal to clear the way for construction" of
         the Bengals' $400.3M stadium complex, according to May,
         Goldberg & Hobson of the CINCINNATI ENQUIRER.  Bengals' Dir
         of Stadium Development Troy Blackburn "stopped just short of
         saying a tentative deal had been struck" after yesterday's
         session among city, county and team negotiators.  But
         Hamilton County Administrator David Krings said late last
         night that the staffs "were still working and will attempt
         to finalize a deal this morning" (ENQUIRER, 1/30).  In
         Cincinnati, Paul Daugherty writes that Bengals Owner Mike
         Brown "is not Art Modell," but that his stadium stance "is
         still a shakedown. ... Just not at gunpoint."  Daugherty:
         "It's the attitude.  It's the arrogance of the NFL and other
         sports leagues.  They are bullying, arm-twisting, hostage-
         taking, heartbreaking thugs" (CINCINNATI ENQUIRER, 1/30).
    
    

    Print | Tags: Cincinnati Bengals, Facilities, NFL
  • FACILITY NOTES

              The Thomas & Mack Center and Sam Boyd Stadium were
         awarded a $5M grant for renovation and improvement projects. 
         The grant, which will be contingent upon an extended
         agreement with the National Finals Rodeo, earmarks $3M for
         the construction of a tunnel at the Thomas & Mack Center and
         $2M to reconfigure and expand Sam Boyd Stadium to 40,000
         seats (THE DAILY).  The National Finals Rodeo contract runs
         through 2000, but Las Vegas Convention & Visitors Authority
         officials "are looking" for a 10-year extension (LAS VEGAS
         SUN, 1/28)....The Bears are considering several new stadium
         sites but a downtown location is "very unlikely."  In
         Chicago, Mike Mulligan reports that there is no timetable on
         a new stadium, "and it's unlikely one will be announced in
         the foreseeable future."  Bears Owner Michael McCaskey added
         "there's no truth to a rumor that Ameritech has already
         signed" a $75M naming rights deal (SUN-TIMES, 1/30).
    
    

    Print | Tags: Chicago Bears, Facilities
  • ISLANDERS TO HAVE NEW ARENA, POSSIBLE NEW TENANT, BY 2001

              In his State of the County address yesterday, Nassau
         County, NY, Exec Thomas Gulotta "urged" that the county get
         started this year on construction of a new arena for the
         Islanders "and other sports teams as the centerpiece of a
         tourist and entertainment hub in central Nassau," according
         to Bruce Lambert of the N.Y. TIMES.  Gulotta said he wanted
         plans for the new arena made final this fall, with an
         opening date set for the 2001 hockey season.  Gulotta said
         talks are underway with the Islanders and other pro sports
         franchises "that might be interested in sharing the arena,
         but he would not provide any details" (N.Y. TIMES, 1/30).
    
    

    Print | Tags: Facilities, New York Islanders
  • MORE WOES BY THE BAY: WARRIORS' ARENA COULD FALL $20M SHORT

              Revenues from the Warriors' renovated arena "could fall
         more than" $20M short of the "amount needed to cover annual
         bond payments and arena expenses during the next 10 years,"
         according to a report prepared for the Oakland-Alameda
         County Coliseum Authority and cited by Renee Koury of the
         SAN JOSE MERCURY NEWS.  The issue of whether the team or the
         city and county "should cover any financial gap" in the
         $140M Warriors deal "has become a sticking point in the
         negotiations for a contract giving" team Owner Chris Cohan's
         Warriors Arena Management (WAM) control of the arena.  The
         contract proposal "was pulled at the last minute from the
         Coliseum authority's agenda Thursday."  Under a proposed 30-
         year deal, WAM would run the arena and pay bond debt on the
         renovated facility.  But Oakland City Manager Robert Bobb
         said that because WAM is "separate from the team and worth
         just" $500,000, the city and county would have "little
         recourse if it failed to pay" the arena bills.  Team General
         Counsel Robin Baggett said the team "may voluntarily cover a
         shortfall, but we will not guarantee it contractually." 
         Some Oakland city execs "are insisting the Warriors
         management agreement should protect the public" from
         covering the shortfall.  The report said that the city and
         county "are better off letting the Warriors run the Arena,
         projecting deficits" of $30M-$34M over 10 years if the
         Coliseum manages the arena itself (MERCURY NEWS, 1/30).
    
    

    Print | Tags: Facilities, Golden State Warriors
  • PATS EYE USE OF INCOME TAX FROM NEW TV DEAL FOR STADIUM HELP

              Members of the MA Senate "are considering writing a
         bill that would dedicate" the Patriots increased payroll
         taxes to finance state-funded infrastructure improvements
         near Foxboro Stadium, according to Tina Cassidy of the
         BOSTON GLOBE.  With the new NFL TV deal, teams will get an
         additional $40M on average per year, most of which will go
         to player salaries.  That means the Patriots "will generate
         an extra" $2.4M in income taxes, "just about enough to
         cover" the debt service on the state spending that Owner Bob
         Kraft says he needs for the expansion (BOSTON GLOBE, 1/30).
     
    

    Print | Tags: Facilities, New England Patriots, NFL
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