NHL Appoints Pandora's Heidi Browning CMO Oilers Want To Host Hockey's World Juniors, World Cup Minnesota United Quiet On Construction Delays NHL Could Skip '18 Games, Return For Beijing Facility Notes Gretzky To Play Role In NHL Centennial Plans Angels May Play Out Current Lease At Angel Stadium NHL's Daly Hopes World Cup Back Every Four Years Golden 1 Center Brings Game Sound To Suites Verizon Begins Upgrading WiFi At Ford Field
PANTHERS ARENA DEVELOPERS NEED LOAN TO FILL UP CASH KITTY
Published June 24, 1998
Broward County, FL, commissioners voted to "freeze" $9M to cover back wages owed to construction workers on the NHL Panthers' new arena, according to Meg James of the MIAMI HERALD. At issue is "at least" $6M in back wages "owed to construction workers" due to insufficient wages. The move "leaves" $7M in county money available for the Panthers to complete construction of the $184.5M arena, which is "edging closer" to $200M. Broward Finance Dir Phil Allen said that Arena Development Co. is "lining up" a $10M bank loan "to complete the project after the county money dries up this summer." Commissioners said they "needed to move quickly to prevent the depletion of the remaining" $16M in the construction budget (Meg James, MIAMI HERALD, 6/24).