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PATS EYE USE OF INCOME TAX FROM NEW TV DEAL FOR STADIUM HELP
Published January 30, 1998
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).
