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RELIABLE INFORMATION: $300M TO NAME HOUSTON STADIUM

          Houston-based Reliant Energy is "expected" to pay
     nearly $300M over 30 years to "splash its name" on the
     city's new $367M football stadium for the Texans and the
     Astrodome complex, according to Eric Berger of the HOUSTON
     CHRONICLE, who writes the deal would be "by far" the "most
     lucrative naming rights deal ever, both in total dollars and
     number of years."  The deal is yet to be signed, but
     negotiators said that talks are "feverish," and a formal
     announcement is "likely" next week.  Berger cites sources
     close to the talks as saying that Reliant would pay close to
     $9M per year to name the facility and an additional $750,000
     for the rights to name the Astrodome, the AstroArena, and a
     new exposition center.  Reliant's deal would include a
     stadium suite and "extensive" advertising "throughout" the
     new facility.  An anonymous source from the Texans told
     Berger that the $10M per year figure was "accurate" and that
     Reliant had "beat out" Houston-based Dynegy.  Dynegy Chair
     and IHL Aeros Owner Chuck Watson is a minority shareholder
     in the Texans (HOUSTON CHRONICLE, 10/19).
          CITY BACKS SUPER BOWL BID: Also in Houston, Rachel
     Graves reports that the Houston City Council took "one of
     the last steps" needed for Houston to make a "pitch" to host
     the Super Bowl in 2004.  The City Council agreed to provide
     $400,000 in services during the event including security,
     traffic control and signs (HOUSTON CHRONICLE, 10/19).  

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