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Braves Pursuing Spring Training Complex In Palm Beach County; Payment Options Still TBD

Published in SportsBusiness Daily on

As the Astros and Nationals prepare to open their $148M Spring Training facility in West Palm Beach, business and government leaders in central Palm Beach County are "buzzing with optimism" over a plan for a new Braves complex, according to Joe Capozzi of the PALM BEACH POST. A Braves rep "show...

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Tags: Facilities, Atlanta Braves, MLB

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06/25/98
NFL'S NEW VISION: RETAINS N.Y.-BASED COMPANY AS CONSULTANT

The NFL has retained N.Y.-based SporTVision Systems to work with the NFL Broadcast Department as its technology consultants for new stadiums. Under the agreement, SporTVision will provide information,

Tags: Facilities, NFL

06/25/98
PHOENIX CITY COUNCIL AGREES TO REFINANCE BOB DEBT

The Phoenix City Council on Wednesday agreed to refinance $127M in debt associated with construction of Bank One Ballpark, according to Russ Wiles of the ARIZONA REPUBLIC. The council "approved a requ

Tags: Arizona Diamondbacks, Facilities

06/24/98
RED SOX PUT UP THEIR DUQUE, BUT HE OFFERS LITTLE ON BALLPARK

Red Sox Exec VP & GM Dan Duquette addressed the Greater Boston Chamber of Commerce yesterday and said the team has a "spectacular plan" for a new ballpark which they will unveil "once we have our duck

Tags: Boston Red Sox, Facilities

06/24/98
RAVENS: WE'LL ALWAYS HAVE PARRIS, ON OUR SIDE OF THE STADIUM

The administration of MD Gov. Parris Glendening "defended its optimistic predictions about the economic benefits" of the Ravens'' new stadium, disputing a recent "legislative report that says the proj

Tags: Baltimore Ravens, Facilities

06/24/98
TWO-GAME CROWD OF 108,091 NOT ENOUGH: GEORGE WANTS NEW PARK

Despite drawing crowds of 53,316 and 54,775 to Yankee Stadium for the two Yankees-Braves interleague games on Monday and Tuesday, Yankees Owner George Steinbrenner renewed his desire for a new ballpar

Tags: Atlanta Braves, Facilities, New York Yankees

06/24/98
FACILITY NOTES

The Stade de France, the new sports stadium in Paris built for the World Cup, will issue an asset-backed bond to refinance part of its $434M construction costs. The bond will be "secured against the t

Tags: Carolina Hurricanes, Cincinnati Reds, Facilities, Nationwide Insurance

06/24/98
PANTHERS ARENA DEVELOPERS NEED LOAN TO FILL UP CASH KITTY

Broward County, FL, commissioners voted to "freeze" $9M to cover back wages owed to construction workers on the NHL Panthers'' new arena, according to Meg James of the MIAMI HERALD. At issue is "at le

Tags: Facilities, NHL

06/24/98
REGRETS, WE'VE HAD A FEW: BETTMAN APOLOGIZES FOR LEAVING MN

NHL Commissioner Gary Bettman attended groundbreaking for the $130M St. Paul arena which will house the expansion NHL Wild, according to Curt Brown of the Minneapolis STAR TRIBUNE. Bettman "apologized

Tags: Facilities, Minnesota Wild, NHL

06/23/98
STEELERS, PIRATES WEIGH OPTIONS FOR THEIR PART OF STADIUMS

The Steelers are considering the use of a 5% surcharge on tickets and the sale of PSLs "to make up a hefty portion" of their $76.5M contribution toward a new football stadium, according to Tom Barnes

Tags: Facilities, Pittsburgh Pirates, Pittsburgh Steelers

06/22/98
AY! PIRATES AND STEELERS REACH DEAL ON TWO NEW FACILITIES

The Pirates and Steelers announced Saturday that they would contribute $40M and $76.5M, respectively, to proposed new stadiums, "ending almost three months of haggling" with City of Pittsburgh and All

Tags: Facilities, Pittsburgh Pirates, Pittsburgh Steelers

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