Mutombo Interested In Hawks Ownership Broadcasting & Cable HOF To Honor 12 TPG A Majority Stakeholder In CAA Leagues To File Against N.J. Betting Manning Leaving CFP Committee Overnight Ratings: NASCAR, CFB PGA Tour Names Tom Wade CCO Sources: Barclays Center Up For Sale Sources: Islanders Sale Price Was $485M
SBD/December 8, 2010/FacilitiesPrint All
The Packers yesterday “unveiled a new multimillion-dollar plan to replace Lambeau Field's two video boards and install a vastly improved sound system in time for next season,” according to Don Walker of the MILWAUKEE JOURNAL SENTINEL. The new video boards “would be built in the north and south end zones, where the current boards are located.” They will be “bigger, brighter and HD-sharp.” Packers President & CEO Mark Murphy and VP/Administration & General Counsel Jason Wied said that the “estimated cost of the improvements will be between” $13-14M. The current scoreboards and sound system have been in place since the stadium was renovated in ‘03. The Packers plan to ask the Green Bay/Brown County Professional Football Stadium District board for a "yet-to-be-determined amount of money from the district's Capital Improvements Fund.” Stadium District Exec Dir Pat Webb said that the board "would consider approval of the plan when it meets to approve a 2011 budget Dec. 15" (MILWAUKEE JOURNAL SENTINEL, 12/8). In Green Bay, Richard Ryman notes Murphy and Webb agreed that the team “will not ask to use all the capital improvement fund.” When that fund “is depleted, the district will no longer have money for capital improvements, and the team will have to pay the full cost of projects.” The Packers' lease with the Stadium District requires the team to “keep Lambeau within the top 25 percent of stadiums in terms of technology.” Murphy said that 75% of NFL teams “have better systems, and those that don't are hoping to build new stadiums.” Plans call for “upgrading audio in both the stadium bowl and the club seats, which Wied said would be good for events, such as concerts, as well as games” (GREEN BAY PRESS-GAZETTE, 12/8).
USC Associate Senior VP/Real Estate & Asset Management Kristina Raspe yesterday confirmed that the university is in “negotiations with the state to buy the land on which the Los Angeles Memorial Coliseum and Sport Arena sit, essentially making the university the landlord of the Coliseum Commission,” according to Sam Farmer of the L.A. TIMES. Raspe said that the school is also “in negotiations to buy several parking lots in Exposition Park, although the museums and the surrounding lots are not part of the talks.” She “declined to discuss the terms of the negotiations, but said the deal will be solidified within the month.” The Coliseum and Sports Arena are owned by the city, county and state. The state would “still be part of the Coliseum Commission, which would have the same ground lease it currently has on the land, which is roughly $600,000 per year” (L.A. TIMES, 12/8). WEARESC.com's Garry Paskwietz noted it “remains to be seen exactly what changes would be made although an improvement to the available parking is sure to be a primary concern.” With USC running the Coliseum as a business, spectators would “see more of an effort to attract new events with the potential of an NFL team being top of mind” (WEARESC.com, 12/7).