Executive Transactions Herb Kohl Sells Bucks For $550M Rio Increases Budget For '16 Olympics Lexington Mayor Pushing Forward On Rupp Upgrades Judge Denies NFL Concussion Settlement Lakers RSN Ratings Reach New Low Nike, USATF Sign 23-Year Extension Names In The News Purdue Upgrading Ross-Ade Stadium Kohl Praised For Dedication To Milwaukee
SBD/Issue 150/Facilities & VenuesPrint All
If KeyArena Funding Not Revived, Seattle
Could Lose Out On Potential $30M Payment
MiLB Plans To Host Both Sports, Non-Sports
Related Events At Dodgertown Complex
STEEP PRICE TO PAY: In N.Y., Richard Sandomir notes Babitt "has asked a federal bankruptcy court judge to charge fees to those who provided [SmA] with artifacts that start at $250 per item and rise to $2,500 for more than 20 pieces, plus $750 for every 10 items above 20." Babitt's lawyer, Schuyler Carroll, said that the fees "apply to the artifacts' owners who go through the trustee; others can consult their own lawyers." Heisman Trophy Trust President William Dockery: "I don't know how he has the audacity to demand a fee so people can go down and get their own property. Why doesn't the trustee cut his fees?" Sandomir notes the deadline to "file objections to the fees" is tomorrow at 4:00pm ET and a hearing "will be held Wednesday before Judge Robert D. Drain of the Federal Bankruptcy Court in Manhattan" (NYTIMES.com, 4/22).
Penguins Will Seek LEED Gold Certification
For New Consol Energy Center
DIGGING FOR GOLD: In S.F., Cote & Knight report city documents indicated that the 49ers owe the city "more than $500,000 in miscalculated game-day parking payments." The parking issue is the "central item in a new draft audit report of the team's Candlestick Park lease deal with the city." The team "argues that they pay for all 7,000 spots they use in a city lot, but not more." However, the city "contends that parking rent must be paid on a percentage of all spaces sold, not on the lot size." 49ers VP/Stadium Operations & Security Jim Mercurio in a letter to the city also noted that the audit claims the city "may have lost thousands of dollars from repair work the team did at the city-owned stadium in exchange for rent credit" (S.F. CHRONICLE, 4/23).
EXECUTIVE ORDER: New York State Supreme Court Justice John Egan Jr. is "ordering the Yankees to give him financial records sought by state lawmakers investigating the use of public funds to help build the team's new stadium, or prove the data should remain private." Two Assembly committees "subpoenaed the records in January in the escalating fight with the team, but the Yankees withheld some key documents involving ticket prices and why some city officials received luxury box tickets" (AP, 4/22).
TWO FOR THE MONEY: In New Jersey, John Brennan reports eight North Jersey Democratic lawmakers yesterday "backed the idea of a 'modernized Izod Center' in a letter to" New Jersey Gov. Jon Corzine. New Jersey state Sen. Paul Sarlo said that if the Nets are "unable to achieve a planned move to Brooklyn, it would be a 'no-brainer' for the franchise to remain in the Meadowlands." Sarlo said that the Devils' status as chief tenant at the Prudential Center "would lead the NBA to frown on a Nets shift to Newark" (Bergen RECORD, 4/23).