SBD/5/Facilities Venues


          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).

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