THEY CANE COVER COST OVERRUNS, IF ABLE TO RECEIVE GIVEBACKS

          The Hurricanes said yesterday that they would "keep the
     cash flowing" to help pay the $20M in cost overruns on
     construction of Centennial arena "in exchange for
     unspecified favors down the road," according to Willis &
     Politi of the Raleigh NEWS & OBSERVER.  Dean Jordan,
     President of Gale Force Holdings, the team's parent company,
     wouldn't say what the team would want out of the deal, such
     as rent concessions and/or a larger percentage of arena
     revenue.  Jordan: "We'll contribute whatever is necessary if
     our help is needed, so long as the principles on that remain
     the same.  We still have to get a return on our investment." 
     Under the current deal, the team will pay $2.75M in rent for
     the first three years and $3M a year after that, with the
     'Canes receiving "most revenue" from suites, concessions,
     parking, concerts and other events (NEWS & OBSERVER, 6/17).