Menu
Franchises

Watchdog Group Calls The City Of Boston's Recent Deal With Red Sox "Irresponsible"

Boston Mayor Thomas Menino "balked yesterday" at intervening in a proposed $7.3M deal between the Boston Redevelopment Authority and the Red Sox for air rights over Lansdowne Street and game-day concessions on Yawkey Way, "as the state Inspector General’s office said it would review the deal and an independent watchdog group called it 'financially irresponsible,'" according to Goodison & Graham of the BOSTON HERALD. Menino said, "Why should I? It’s a good deal." The Boston Finance Commission, in a letter to Menino dated Tuesday, called for him "to take action, saying the deal made public late Friday and set for a BRA vote today -- wasn’t reached via a transparent, public process and could 'shackle generations of Bostonians to an agreement that over time will prove to be financially irresponsible.'" The Red Sox deal includes $2.47M for air rights over Lansdowne Street for Green Monster seats and $4.87M "to shut down part of Yawkey Way during city-licensed ball park events" (BOSTON HERALD, 9/26). Menino spokesperson Dot Joyce accused BFC Exec Dir Matthew Cahill of "trying to make headlines" and reiterated the mayor "would not intervene" to stop the BRA. Cahill said the BRA is attempting to "give away rights to a public street without reasonable public notice, without public advertisement, and without utilizing a public process." In Boston, Callum Borchers notes there were "no public hearings about the deal, though the board will vote during a public meeting." BRA Communications Dir Susan Elsbree yesterday said that the agency "has attempted to explain the rationale behind the deal to the Finance Commission but has been unable to set up a meeting with Cahill since he wrote the letter to Menino" (BOSTON GLOBE, 9/26).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2013/09/26/Franchises/Red-Sox.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2013/09/26/Franchises/Red-Sox.aspx

CLOSE