Menu
Franchises

PATRIOT NATION JUST TOOK A TRIP DOWN INTERSTATE 84 TO CT

          The CT legislature voted "decisively" yesterday to
     spend $374M to build a downtown riverfront football stadium
     for the Patriots at the proposed Adriaen's Landing site,
     according to Puleo & Keating of the HARTFORD COURANT.  The
     Senate voted 27-8 in favor of the project and the House
     voted 97-49.  Despite "fiery speeches" on the House floor,
     the "excitement" surrounding the team's relocation proved
     too much for an opposition that was "scattered and
     unorganized" (HARTFORD COURANT, 12/16).  In N.Y., Mike Allen
     writes that a group of House Democrats "failed" in their
     effort to obtain the stadium's naming rights, which will be
     worth "tens of millions" to the team (N.Y. TIMES, 12/16). 
     In Boston, Tina Cassidy writes that lawmakers, "apparently
     swayed by last-minute changes to the bill and desperate for
     a way to remake this insurance capital ... surprised
     observers who had been predicting a close tally."  Among
     "last-minute alterations" to the bill was a revocation of
     Patriots Owner Robert Kraft's tax-exempt status for his 
     planned NFL retail and virtual-reality pavilion, and an
     extension of the time frame for construction and
     environmental permits (BOSTON GLOBE, 12/16).  But some
     amendments "benefited" Kraft, including the "broadening" of
     circumstances under which the Patriots could break their
     lease.  Also, Kraft can also "boost revenues by increasing
     the number of premium seats" at the stadium,  pending
     approval from the governor's office (BOSTON GLOBE, 12/16).
          NO TEARS IN BOSTON TODAY: In a front page story in the
     BOSTON GLOBE, Lehigh & Cassidy write an extensive analysis
     of Kraft's effort to keep the team in Boston.  During 
     negotiations with MA, "even" former Gov. William Weld and
     his "once-supportive" administration became "annoyed" by
     Kraft, "who never seemed satisfied with the state's effort 
     -- and whose demanding demeanor and sharp tongue alienated
     many who tried to help him."  City officials were also
     troubled by their relationship with the Krafts.  One "top-
     level official" says there are two reasons the Patriots
     didn't get a stadium deal in Boston: "It's very simple. ...
     Reason Number One is that [Boston Mayor] Tom Menino hates
     Bob Kraft.  Reason Number Two is that [MA House Speaker] Tom
     Finneran hates Bob Kraft" (BOSTON GLOBE, 12/16).  
          VARIED REACTION: The GLOBE's Tina Cassidy notes that
     only one protester stood outside the CT Capitol yesterday
     carrying a sign that read: "Welcome to the giveaway city"
     (BOSTON GLOBE, 12/16)....In Boston, Dan Shaughnessy puts the
     Hartford stadium deal "among the bad ideas of this century
     ... alongside the Edsel, New Coke, 'Ishtar,' and Dan Rather
     signing off his newscast with 'Courage.'"  Shaughnessy:
     "Courage and good sense were in short supply here last
     night" (BOSTON GLOBE, 12/16)....MA Speaker Finneran: "If
     Connecticut legislators want to be morons, they're welcome
     to be morons" (WASHINGTON POST, 12/16)....IN Univ. Center
     for Urban Policy and the Environment Dir Mark Rosentraub:
     "People ought to recognize it's the worst publicly financed
     stadium deal ever done. ... [T]hey have succeeded mostly in
     making one owner very wealthy" (BOSTON GLOBE, 12/16)....
     Hyatt Hotels Corp. is "bidding to operate the hotel to be
     developed" by Kraft (Mike Swift, HARTFORD COURANT, 12/16).  
          WHAT MARKET? Patriots VP Jonathan Kraft said that his
     family "wants [Patriots] games televised in Boston" and in
     Boston, Will McDonough writes that Robert Kraft's presence
     on the NFL TV Committee "would seem to ensure that the games
     will be televised there" (BOSTON GLOBE, 12/16)....In N.Y.,
     George Vecsey notes the league can "tolerate" another NFL
     franchise moving to a smaller market because of the current
     $18B TV deal (N.Y. TIMES, 12/16).

SBJ Morning Buzzcast: April 26, 2024

The sights and sounds from Detroit; CAA Sports' record night; NHL's record year at the gate and Indy makes a pivot on soccer

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/1998/12/16/Franchises/PATRIOT-NATION-JUST-TOOK-A-TRIP-DOWN-INTERSTATE-84-TO-CT.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/1998/12/16/Franchises/PATRIOT-NATION-JUST-TOOK-A-TRIP-DOWN-INTERSTATE-84-TO-CT.aspx

CLOSE