STATE OF THE STADIUM: IT'S VETERANS DAY ... AGAIN

     THE SPORTS BUSINESS DAILY continues to look at the NFL'sinfrastrucure with an examination of Philadelphia's VeteransStadium.
  
     
STADIUM:
    
Veterans       Stadium, Philadelphia, PA
  
  
     
AGE:
    
Build in       1971
  
  
     
CAPACITY:
    
66,386       --12th lowest in the league
  
  
     
MANAGEMENT:
    
City of       Philadelphia Parks and Recreation.
  
  
     
OWNERSHIP:
    
Owned by       the City of Philadelphia.
  
  
     
LUXURY       
      BOXES:
    
89 luxury       penthouses, 59 super boxes, 44 restaurant clubboxes - controlled by team.
  
  
     
COST:
    
Cost $63M       and paid for through public bonds and self-sustaining loan. Roughly $5.6M       in debt
  
  
     
CONCESSIONS:
    
Ogden Leisure       Services. 58.2% of general concessions to the Stadium, which is split 50/50       with the team. The remaining 41.8% of concessions goes to Ogden.
  
  
     
RENOVATION:
    
Ongoing       $32M renovation project over 5 years. New seats, more handicap seating,       and councourse improvments.
  
  
     
PARKING:
    
12,000       parking spots at $6 a car -- all parking revenue to go towards new CoreStates       arena.
  
  
     
ADVERTISING:
    
Phillies       receive all advertising revenue.
  
  
     
LEASE:
    
Eagles'       lease expires 2011.
  
  
     
RENT:
    
$1.9 million       - 13th highest in the league.
  

(Source: Jim Smith/Veterans Stadium, rent figure from a FloridaTimes Union article on July 24, 1994).