Bengals, County Reach Stadium Upgrades Deal ECHL Wranglers Won't Play On Rooftop Barclays Center, MSG Rivalry Heating Up Facility Notes Lexington Mayor Pushing Forward On Rupp Upgrades Purdue Upgrading Ross-Ade Stadium NHL Jets May Add Seats At MTS Centre MLB Facility Notes A's Negotiating 10-Year Coliseum Lease Big East Signs Lease For New HQ
Upcoming Conferences and Events
Published March 18, 1998
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).