Cowboys Owner Jerry Jones and officials of Irving, TX, are discussing a plan to expand Texas Stadium by the year 2000. The plan would increase capacity to a league-high 104,000 seats, add air-conditioning, a grass field, and a retractable "clam shell" roof. Jones said the project would cost $130M to $140M and would make Texas Stadium attractive for Super Bowls and college bowl games. Irving Mayor Bobby Joe Raper said the the idea is "more than just talk. It's starting to pick up some momentum." Raper said there are no details on how the project would be paid for, but he did say part of the money could come from "hotel-motel taxes and franchise fees that the city collects from the stadium." Irving City Council member Morris Parrish "believes the idea will be tough to sell to taxpayers, many of whom already have concerns about the city's efforts to lure" the Mavericks and the North Stars. Jones paid $140M for the Cowboys and the Stadium in 1989 (Cowlishaw & Lunsford, DALLAS MORNING NEWS, 10/24). CNBC's Sue Herera said the expansion would make Texas Stadium "the largest stadium in the U.S., and the only NFL stadium with over 100,000 seats" ("Market Wrap," 10/24).
At the kickoff of the their marketing blitz for a proposed new arena in Winnipeg, the Manitoba Entertainment Complex (MEC) announced it had sold 34 luxury boxes and 400 club seats on its first day of business. Writes Ed Willes, "That means it took its first bold step toward the construction of a new arena in Winnipeg. That means we might actually have an NHL team to call our own." MEC's goal for the end of November was 40 luxury suites and 1,000-1,500 club seats. They are 3/4 of the way there on luxury suites. Also at the kickoff, Winnipeg Mayor Susan Thompson said she was behind committing city tax dollars to the project. Thompson: "As far as my position, I think some tax money in an entertainment complex is a good investment for our city." Last night, the MEC "basically put the shovel in the ground for the new arena" (WINNIPEG SUN, 10/25).
There has been much discussion in Boston over the past yearabout a new facility for the Patriots. A year ago, PaulTagliabue declared Foxboro Stadium was unsuitable as a long-termhome for the team. However Robert Kraft, owner of the team andFoxboro Stadium, is now enjoying a profitable situation in NewEngland. Earlier this month, Tagliabue said the league couldwork to make the stadium a viable facilty and noted theimportance of keeping a team in the New England region. Today,THE SPORTS BUSINESS DAILY continues its stadium profiles withFoxboro Stadium.
Foxboro Stadium, Foxboro, MA
|AGE:||Completed in 1971|
|LUXURY BOXES:||42 boxes, 2 Superboxes. Seating Capacity: 666 |
Team gets undisclosed % of revenue.
|OWNERSHIP:||Stadium and team owned by Robert Kraft|
|MANAGEMENT:||Foxboro Associates, Inc.|
|PARKING:||10,000 parking spots at $10 a car.|
|LEASE/RENT:||No lease or rent. Kraft owns both outright.|
|ADVERTISING:||rights. Team gets undisclosed percentage of revenue.|
|RENOVATION:||Grass field put down in '92. Team plans to add more luxury suites.|