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 Hillsborough County Hires Firm With MLB Ties NHL Jets' Downtown Development On Hold? Rams Convert To Annual Tenant At Jones Dome Packers Buy More Land For Development
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SBD/April 29, 2014/Facilities
Published April 29, 2014
BAY AREA BLUES: In S.F., Chip Johnson notes when the Warriors last week “gloriously announced their purchase of a 12-acre plot” in the Mission Valley area for a new arena, the club also “delivered a less-than-celebratory message to Oakland and Alameda County.” The team informed the Oakland-Alameda County Coliseum Authority that when it leaves in ‘17, it will “stop paying the public bonds issued in the mid-1990s to make seating, scoreboard and other upgrades at the Oracle Arena.” Those 30-year municipal bonds generated $140M in improvements and “won't be paid off” until ‘27. The reward to the public for “more than four decades of fan support, through good and bad times, is an unpaid bill” for more than $60M (S.F. CHRONICLE, 4/29).
EMOTIONAL DRAW: ESPN.com’s Ivan Maisel notes the new College Football HOF in Atlanta is a “fascinating attempt to meld the history and the emotion that draws us to the game.” Maisel: “A cathedral-like setting on the third floor will honor the game’s best players and coaches. The first two floors will be more devoted to the fan experience.” The plan is “to be open” for the ‘14 season (ESPN.com, 4/29).