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Lease May Keep Cavaliers At Quicken Loans Through '44; Details On Upgrades Unveiled

Published in SportsBusiness Daily on 11 / 17 / 17

The Cavaliers "could play in Quicken Loans Arena" through '44 under "terms of the team's new lease," according to a front-page piece by Karen Farkas of the Cleveland PLAIN DEALER. The Cavs' proposed $140M "transformation deal with Cuyahoga County and Cleveland included a provision to extend the curr...

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Tags: Facilities, Cleveland Cavaliers

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10/23/17
Location Identified For Proposed Arena At Belmont

Islanders co-Owner Jonathan Ledecky said that the proposed site for a new arena at Belmont Park will be located "next to the existing, part-time LIRR station in what is now a parking lot outside the grandstand area of the racetrack," according to Jim Baumbach of NEWSDAY. Oak View Group Arena Allianc ...

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10/23/17
Facility Notes

In Michigan, Kyle Austin noted Michigan State on Friday unveiled a $50M renovation to the Breslin Center, "marking the first major upgrade to the nearly three-decade old" basketball facility. The "highlight of the project is a 30,000 square foot addition at the southeast corner of the arena" that ho ...

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10/20/17
Packers, Microsoft Partner For Innovation Lab

The Packers are working with Microsoft to create an accelerator and innovation lab by next year in the new 45-acre Titletown Development district across the street from Lambeau Field. The team will spend $8-10M for the new building and contribute $5M to a venture capital fund. Microsoft also will co ...

Tags: Facilities, Green Bay Packers

10/20/17
DC United Playing Final Match At RFK Stadium

DC United will play their "final match at RFK Stadium" on Sunday against the Red Bulls after 22 seasons at the facility, according to Thomas Floyd of the WASHINGTON TIMES. United MF Nick DeLeon said, "We've got to go out with a bang. ... We have to close down this legendary stadium in the ...

Tags: Facilities, DC United

10/20/17
SDSU Stadium Ballot Initiative Begins

The ballot initiative to build a west campus for San Diego State Univ. in Mission Valley -- which includes a new football stadium -- "will kick off Saturday with signature gathering" at the Fresno State-SDSU game, according to Roger Showley of the SAN DIEGO UNION-TRIBUNE. The SDSU West Steeri ...

Tags: Facilities

10/19/17
Warriors Dispute Paying Oracle Arena Debt

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10/18/17
Proposed Chicago Concert Tax Irks City's Pro Teams

The United Center and its two biggest tenants -- the Blackhawks and Bulls -- yesterday "decried" Chicago Mayor Rahm Emanuel’s proposal to "jack up the city’s amusement tax on large concerts while eliminating it for smaller venues," according to Mitchell Armentrout of the CHICAGO SUN-TIME ...

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10/18/17
Mayor Re-Election Could Prolong Calgary Arena Impasse

The arena impasse between Calgary Sports & Entertainment and the city "heated up" on Monday night during the mayoral election, with a "pair of since deleted tweets suggesting some bad blood remains amidst the stalled talks," according to Shawn Logan of the CALGARY HERALD. As mayor-elect N ...

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10/17/17
Rays Could Look Beyond Downtown Tampa

It is proving "harder than expected to put together the land needed" for a Rays ballpark near downtown Tampa, and now local officials are "exploring another option" on Tampa's west side, according to Steve Contorno of the TAMPA BAY TIMES. But even if all the pieces come together, Hillsborough C ...

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10/16/17
Union Bank & Trust Buys Naming Rights To JMU Arena

James Madison Univ. and Union Bank & Trust announced a naming-rights agreement for the school's planned new basketball facility, making it the Union Bank & Trust Center. The partnership represents the largest corporate naming agreement in school history. Learfield's JMU Sports Propertie ...

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