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Hansen Group's Offer To Privately Fund Seattle Arena Gives Proposal A Shot In The Arm

Published in SportsBusiness Daily on 10 / 26 / 16

Hedge-fund manager Chris Hansen yesterday in a letter to Seattle-area officials offered to fund a more-than-$500M arena "with completely private money," according to a front-page piece by Geoff Baker of the SEATTLE TIMES. Opponents of the project, including the Port of Seattle and a major marit...

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Tags: Facilities, NBA, NHL

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San Diego Mayor Backs Chargers Stadium

San Diego Mayor Kevin Faulconer is "endorsing the Chargers stadium ballot measure after reaching agreement with the team on a series of new financial safeguards and other concessions," according to a front-page piece by David Garrick of the SAN DIEGO UNION-TRIBUNE. Support from Faulconer "could boos ...

Tags: Facilities, San Diego Chargers

Pistons In Talks To Build New Facility, Move Downtown

The Pistons are in "serious talks to build a 60,000-square-foot practice facility north of Little Caesars Arena in downtown Detroit if a deal is worked out to relocate" the team from The Palace of Auburn Hills, according to sources cited by Shea & Pinho of CRAIN'S DETROIT BUSINESS. Det ...

Tags: Facilities, Detroit Pistons

DC United Stadium Construction Behind Schedule?

DC United will move into its new Buzzard Point complex in '18, but based on construction projections, the club "probably will not play its first home game there until June of ’18, three months into the season," according to Steven Goff of the WASHINGTON POST.  Accordingly, MLS is "pr ...

Tags: Facilities, DC United

Cavaliers Unveil New Court Design

The Cavaliers during their Wine & Gold Scrimmage yesterday at Quicken Loans Arena revealed an "updated court design," according to Joe Noga of the Cleveland PLAIN DEALER. Fans will notice the "addition of a black border around the court, connecting the floor to the team's popular black sleeved j ...

Tags: Facilities, Cleveland Cavaliers

Chargers Will Not Build Stadium In Mission Valley

Chargers Chair Dean Spanos on Thursday said that the team "won't consider pursuing a new stadium in Mission Valley if voters reject the team's Nov. 8 ballot measure for a combined downtown stadium and convention center annex," according to David Garrick of the SAN DIEGO UNION-TRIBUNE. Spanos: " ...

Tags: Facilities, San Diego Chargers

VCU Signs Naming-Rights Deal For Arena

VCU on Thursday announced a naming-rights deal for its basketball arena, which will now be called E.J. Wade Arena at the Stuart Siegel Center. The agreement, named after Jeff and Janet Wade, is for 10 years and $2.75M. Richmond-based WTVR-CBS' Freeman & Casadonte noted the deal "replaces VC ...

Tags: Facilities

Minnesota United Quiet On Construction Delays

Minnesota United FC Owner Bill McGuire is "keeping mum about what the hold-up might be" on when construction of the proposed MLS stadium in St. Paul might start, "except to say that land and stadium design issues remain complicated," according to Frederick Melo of the ST. PAUL PIONEER PRESS.&nb ...

Tags: Facilities, MLS

Facility Notes

In Phoenix, Mike Sunnucks reported Maricopa County (Ariz.) has hired real estate firm CBRE Group to "conduct an appraisal of Chase Field" as it ponders a $60M sale of the D-backs' ballpark. CBRE's Sports & Entertainment specialty group Managing Dir Julius Blatt will "lead the appr ...

Tags: Facilities

Angels May Play Out Current Lease At Angel Stadium

Angels President John Carpino yesterday said that the team "might simply play out" its current lease at Angel Stadium after more than three years of "debating whether to negotiate a new lease" or move to a new ballpark, according to Bill Shaikin of the L.A. TIMES. The developer of a large-scale proj ...

Tags: Facilities, Los Angeles Angels

Golden 1 Center Brings Game Sound To Suites

NBA Kings Managing Partner Vivek Ranadive yesterday said that fans in the luxury suites and lofts in the soon-to-open Golden 1 Center will "have the courtside action piped into their seating areas," according to Dale Kasler of the SACRAMENTO BEE. Kings President Chris Granger said that the ...

Tags: Facilities, Sacramento Kings

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