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Published in SportsBusiness Daily on 09 / 18 / 14

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09/18/14
Detroit Approves $450M For Arena Bonds

Bonds to build the new $450M arena for the Red Wings were "approved by the state" yesterday, but "Wall Street jitters about the city’s bankruptcy means more taxpayer money may be on the line than originally intended," according to Louis Aguilar of the DETROIT NEWS. One series of bonds for $250 ...

Tags: Facilities, Detroit Red Wings, NHL

09/18/14
Sacramento Republic FC Purchases Land For Stadium

USL Pro club Sacramento Republic FC yesterday announced that it "has reached an agreement to acquire land in the downtown railyard for a new 20,000-seat soccer stadium" that could host an MLS franchise, according to a front-page piece by Lillis & Kasler of the SACRAMENTO BEE. The club said that ...

Tags: Facilities, MLS

09/17/14
Braves' Naming-Rights Deal Worth $10M Annually

The Braves' 25-year naming-rights deal with SunTrust Banks for the club's new ballpark in Cobb County is worth in excess of $10M per year, according to sources. The sum would be comparable to the 20-year, $220M naming-rights deal the 49ers signed with Levi's for their new stadium and would represen ...

Tags: Facilities, Atlanta Braves, MLB

09/17/14
Sources: NYC FC Eyes Aqueduct Area

Developers behind NYC FC's proposal to build N.Y.'s first MLS venue are "looking to develop land near the Aqueduct Racetrack in Queens, after plans to build near Yankee Stadium fell apart," according to sources cited by Gloria Pazmino of CAPITAL NEW YORK. Sources said that NYC FC is "looking to deve ...

Tags: Facilities, MLS

09/17/14
Mickelson To Design Calgary Golf Course

Phil Mickelson will be part of the design team for a new golf course in Calgary that many people believe "will bring the PGA Tour's Canadian Open to the Stampede City," according to Randy Sportak of the CALGARY SUN. The nearly 8,000-yards-long Mickelson National Golf Club of Canada will be "built by ...

Tags: Facilities

09/17/14
Facility Notes

In Detroit, John Gallagher notes the Downtown Development Authority yesterday "formally approved the financial plan for building" the proposed Red Wings arena, "but with restrictions banning erotic dance clubs, gun shops, manufacturing and warehouse facilities, drug paraphernalia shops, and waste di ...

Tags: Facilities

09/16/14
SunTrust Buys Braves Ballpark Naming Rights

Learn more about SunTrust Banks Atlanta-based SunTrust Banks has signed a 25-year naming-rights deal for the new Braves ballpark in Cobb County (Ga.), which officials "broke ground" on today and will open in '17, according to Hudson & Couret of the ATLANTA BUSINESS CHRONICLE. Financi ...

Tags: Facilities, Atlanta Braves, MLB

09/16/14
Red Wings To Unveil Latest Drawings Of New Arena

Architectural drawings of the Red Wings' new $450M arena to be unveiled this week show "plans for a huge state-of-the-art entertainment venue in a walkable neighborhood," according to Louis Aguilar of the DETROIT NEWS. The new drawings "will be revealed" Thursday at 5:00pm ET to the Detroit Cit ...

Tags: Facilities, Detroit Red Wings, NHL

09/16/14
NFL Supports Commission Of HOF Village

Leaders of the Pro Football HOF, Canton City Schools, private investors and business leaders have "commissioned a study to see what it would take to turn the Hall of Fame into more than a campus," according to Todd Porter of the CANTON REPOSITORY. A "key part of that study would examine the add ...

Tags: Facilities, NFL

09/16/14
49ers Look To Improve Traffic Flow At Levi's

About half the fans driving home from Sunday's 49ers game at Levi's Stadium "were trapped in their lots for up to two hours as a constant stream of pedestrians and trains blocked their paths," according to Mike Rosenberg of the SAN JOSE MERCURY NEWS. 49ers VP/Stadium Operations & Security Jim Me ...

Tags: Facilities, San Francisco 49ers, NFL

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