Cavs "Quietly" Sought County Funds For Arena Bettman: Flames Need New Arena Marquette, Bucks Partner On Athletics Center Gillette Stadium Adds Cross Insurance Pavilion NASCAR HOF Sponsors Revenue Plummets Glendale On Pace To Lose $8.8M On Arena Deal OU Prez Says Stadium Upgrades Not Delayed Indy Eleven Unveil Stadium Renderings Wisconsin Gov. Proposes Bucks Arena Funding Inglewood Likely To Vote On Proposed NFL Stadium
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SBD/July 31, 2012/Facilities
King County Approves Seattle Arena Plan, But City Council Wants Traffic Concessions
Published July 31, 2012
PLAY NICE: In Seattle, Jerry Brewer writes, “To his credit, Hansen has sought fair from the beginning, and he has pledged $290 million of private money to prove it." That is why Hansen "has made it this far, because his group's willingness to pay for nearly 60 percent of a $490 million arena is a stunning commitment in modern-day pro sports business.” Brewer: "If you're for the arena and have been impressed by the measures Hansen took upfront to make this a good deal for both parties, then it's impossible to resist outrage that the city council is asking Hansen to fix too many of the city's problems.” The city council had “better be careful with this negotiation.” It would be "negligent and unfair for the city council to ram a deal through without concern and some level of mitigation for traffic and freight mobility in Sodo." It also would be "foolish and unfair to toss away such a sweet deal from Hansen simply because of an issue that he didn't create.” Hansen is “willing to do his part,” but his group “won’t be a magic ATM” (SEATTLE TIMES, 7/31).