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Austin Finalizes Deal With PSV For New MLS Stadium

Austin officials today "finalized a deal" to build an MLS stadium on "city-owned land." City Manager Spencer Cronk signed a lease/development deal with Precourt Sports Ventures, the "result of negotiations that were approved by the Austin City Council in August." PSV will privately finance a $200M stadium at McKalla Place, and the city "will own the 20,000-seat facility and lease it back to the team." PSV agrees to pay $8.25M in rent "over a 20-year lease term," and the ownership group also will kick in $3.64M to "Capital Metro to be used on transit facilities." The Austin FC franchise "will likely begin play" in '21 at the new venue (STATESMAN.com, 12/19).

Precourt Sports Ventures

SBJ Morning Buzzcast: May 9, 2024

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Phoenix Mercury/NBC’s Cindy Brunson, NBA Media Deal, Network Upfronts

On this week’s pod, SBJ’s Austin Karp chats with SBJ NBA writer Tom Friend about the pending NBA media Deal. Cindy Brunson of NBC and Phoenix Mercury is our Big Get this week. The sports broadcasting pioneer talks the upcoming WNBA season. Later in the show, SBJ media writer Mollie Cahillane gets us set for the upcoming network upfronts.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

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