Braves' Naming-Rights Deal Worth $10M Annually Sources: NYC FC Eyes Aqueduct Area Mickelson To Design Calgary Golf Course Facility Notes SunTrust Buys Braves Ballpark Naming Rights Red Wings To Unveil Latest Drawings Of New Arena NFL Supports Commission Of HOF Village 49ers Look To Improve Traffic Flow At Levi's Michigan Proposes $168M Facilities Project Royal Farms Gets Naming Rights To Balt. Arena
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SBD/Issue 52/Facilities & Venues
Published November 26, 2008
|Miami-Dade Official Feels Delay In Start Of
Marlins Ballpark Should Not Affect Overall Price
BANK SHOTS: On Long Island, Wallace Matthews writes of Citigroup's 20-year, $400M naming-rights deal for Citi Field, "The Mets should be embarrassed to emblazon their new park with the name of an outfit whose players performed even worse than the team did last year." With the bank receiving a financial bailout from the U.S. government, the Mets "should be ashamed of using your money to advertise their (worthless) services." If the Mets had "any ethics, they would cancel the deal now and start looking for a sponsor that can actually pay its own bills." This is "just the latest chapter in two sorry histories, the first being that of the U.S. banking industry and the second being that" of the Mets (NEWSDAY, 11/26). Taxpayers For Common Sense VP Steve Ellis said Citi Field should be called “Taxpayer Field.” Ellis: “It’s really a lot about the ego of the company and whoever’s got the biggest stadium or the biggest sports event tied to them” (“Happy Hour,” Fox Business, 11/25).
SOMETHING TO BUILD ON: In Pittsburgh, Ron DeParma reports despite the current credit crunch, a "group of local banks is lending" $107.5M to help build Dick's Sporting Goods new HQs in Findlay, Pennsylvania. The project "will put a 730,000-square-foot complex on 116 acres in Findlay." The project is "expected to be completed by January 2010." Dick's employs about 950 people at its HQs in Findlay, and the project is "expected to add about 700 jobs over the next five years." The site "could expand to 1 million and possibly 2 million square feet of space, with a total of almost 2,000 jobs" (Pittsburgh TRIBUNE-REVIEW, 11/26).