SBD/18/Facilities Venues

FACILITY NOTES

          The Tigers officially announced a deal with Tokyo-based
     Sumitomo Bank to finance their new ballpark.  Sumitomo will
     fully underwrite the $145M transaction (Tigers).  The Tigers
     "pledged control of" the new stadium and the projected
     revenues it will generate as collateral to secure the loan
     from Sumitomo (DETROIT FREE PRESS, 3/18)....MA House Speaker
     Thomas Finneran yesterday said that he "opposed a Senate
     plan to help" the Patriots build a new stadium in Foxboro
     "unless the state received part ownership of the stadium,
     related commercial development, or the team itself."
     Finneran: "[T]here's not a great deal of support or
     sentiment in the House for the gift of $20 million in
     exchange for a piece of land that we're not then able to use
     for '99 years" (BOSTON GLOBE, 3/18).

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