SportsBusiness Daily — Sports Business Resources — your sports business news and information source. Learn More

Tuesday
February 3, 2009
Print This Issue

Louisiana Gov. Working On Deal To Secure Saints Future In N.O.

LSED Looking To Bid To Host
Super Bowl XLVII In 2013

Louisiana Gov. Bobby Jindal's administration and the Saints are "working under a two-month deadline to reach an agreement on the NFL franchise's future" in the state, according to Michelle Millhollon of the Baton Rouge ADVOCATE. Jindal said that there is "time to ensure that the team continues to play in the Superdome past 2010." However, some Louisiana Stadium & Exposition District (LSED) officials said that they "want a deal in place to make New Orleans more attractive as a possible host" of Super Bowl XLVII in '13. Draft bids for that event have to be submitted by prospective hosts to the NFL by April 1, and a site is "expected to be chosen at the NFL owners' meeting in May." LSED Board of Commissioners Chair Ron Forman: "It's our goal to have something done prior to that meeting." Greater New Orleans Sports Foundation VP Sam Joffray said that to "have a strong bid, there needs to be a level of confidence that the Saints will be in Louisiana past 2010." The Saints under their current lease are receiving $23.5M a year in "cash inducements from the state." But the state is "struggling to meet the annual payments to the franchise." The "largest problem is that hotel and motel tax collections are falling short." The state also is "grappling with a budget shortfall of more than $1[B] for the fiscal year that begins July 1" (Baton Rouge ADVOCATE, 2/3).

Print This Article

Get A Free Trial To SportsBusiness Daily

Reader Comments

To post comments on this article, log in or register for a free trial.

Related Stories By Company

Related Stories By Sport

Obama To Appear In PSA With Three NFLers
November 20, 2009 : SportsBusiness Daily

Goodell Opts To Not Suspend Saints Players
September 16, 2009 : SportsBusiness Daily

Benson Plans Entertainment District
September 16, 2009 : SportsBusiness Daily

Louisiana Approves New Lease For Saints
August 31, 2009 : SportsBusiness Daily

Benson Most Influential In New Orleans Sports
July 20, 2009 : SportsBusiness Daily

Bills Owner Prepared To Make Big Changes
November 20, 2009 : SportsBusiness Daily

Bears Deny Rift With NBC
November 20, 2009 : SportsBusiness Daily

MSFC Threatens Vikings With Penalties
November 20, 2009 : SportsBusiness Daily

Gruden Committed To Improving On "MNF"
November 20, 2009 : SportsBusiness Daily

Obama To Appear In PSA With Three NFLers
November 20, 2009 : SportsBusiness Daily

ALSO IN THIS SECTION

Go To Events & Attractions

A Publication of Street & Smith's Sports Group.
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (REVISED 2009-06-23) and Privacy Policy (REVISED 2009-06-23).

© 2009 Street & Smith's Sports Group and its licensors. All rights reserved.
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Street & Smith's Sports Group.