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  • FACILITY NOTES

              The IN House passed legislation Tuesday that would
         "give the public or a group of private investors a chance to
         buy" professional sports teams should they try to leave
         after receiving public subsidies.  Both the Colts and Pacers
         said they will continue to oppose the bill while the
         legislation now goes to the State Senate.  IN Gov. Frank
         O'Bannon has yet to take a position on the legislation
         (STAR-NEWS, 2/5)....A bill introduced in the CO Senate asks
         taxpayers to pay 75% of "whatever" the cost for the Broncos
         stadium ends up to be, "eliminating the team's obligation to
         pay for any cost overruns."  It also removes the $180M cap
         on the taxpayers contribution approved two years ago.  The
         bill would also call for a May vote (ROCKY MOUNTAIN NEWS,
         2/4)....A first-round game of soccer's Gold Cup between
         Brazil and Jamaica drew 43,745 at the Orange Bowl (MIAMI
         HERALD, 2/4)....While speculation has the cost of a new
         Raleigh arena running $3M over budget and "several months"
         behind schedule, Hurricanes Owner Peter Karmanos said that
         his team would contribute no more than the $20M currently
         earmarked in the deal (NEWS & OBSERVER, 2/5).
    
    

    Print | Tags: Carolina Hurricanes, Denver Broncos, Facilities, Gale Force Holdings, Indiana Pacers, Indianapolis Colts
  • SEEKING PROVIDENCE IN NAMING RIGHTS DEAL

              Ogden Entertainment, managers of the Providence Civic
         Center, will launch a campaign to sell naming rights to the
         14,600-seat facility.  Ogden will be advertising a request
         for proposals in the Providence Journal-Bulletin, Wall
         Street Journal and Boston Globe (JOURNAL-BULLETIN, 2/3).
    
    

    Print | Tags: Facilities
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