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/August 27, 2014/Facilities
Published August 27, 2014
SPRING FEVER: In West Palm Beach, Joe Capozzi noted the Astros and Nationals next month "are scheduled to make their first formal pitch" for at least $3M a year in hotel tax money to help pay for a new Spring Training ballpark in the city. Palm Beach County Tourist Development Council Exec Dir Glenn Jergensen said that the teams "will meet with the Palm Beach County Tourist Development Board on Sept. 11 to discuss financing options for their proposed" $140M facility. County officials have suggested allocating $2.6-$3M a year for 20 years to "pay off bonds that would help finance the construction of the facility." But the teams are "said to be seeking more" than $3M a year, a "potential sticking point" (PALM BEACH POST, 8/26).