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MEMPHIS READY TO TALK WITH NFL OILERS ABOUT BREAKING LEASE
Published February 19, 1998
The Memphis and Shelby County, TN, Authority has voted to give its board the power to negotiate with the NFL Oilers if they want to break their Liberty Bowl lease for '98, according to David Williams of the Memphis COMMERCIAL APPEAL. Authority Vice Chair Reggie Barnes: "We would like to have a very substantial monetary settlement if the Oilers leave." The authority receives a rebate of state sales taxes from Oilers games in Memphis. In '97, that rebate was more than $650,000 (COMMERCIAL APPEAL, 2/18). In Nashville, Rob Moritz reported that an end to the Oilers' Memphis lease "could be negotiated as soon as next week" (BANNER, 2/18).