A proposed $82M stadium for the NASL Indy Eleven yesterday "passed a House committee," although some members voting yes "expressed reservations," according to Mark Alesia of the INDIANAPOLIS STAR. After a "20-3 vote by the Ways and Means Committee, the debate moves to the full House with a new twist first discussed publicly" during yesterday's hearing. The financing "would include taxes captured" at Indy Eleven Owner Ersal Ozdemira's hotel, which currently is under construction. The previously discussed financing "would capture taxes from stadium events to service the debt," about $5M per year. The team and city "are negotiating" a $9.9M contribution. Indy Eleven "is entering its second season" in the NASL. The team released a report by Indianapolis-based KSM Consulting that "says the 18,500-seat stadium would open" in '18. The report "estimates 66 events per year, including 15 professional women's soccer games and 10 concerts." It also estimates "average paid attendance and average ticket prices" for Indy Eleven games will be "16,500 at $29.50" (INDIANAPOLIS STAR, 2/17).
