HORNETS, CITY OF CHARLOTTE WORK ON A COMPROMISE
Negotiations for a compromise that calls for $7M worth of
renovations to the Charlotte Coliseum between the city and the
Hornets have begun, according to Saturday's CHARLOTTE OBSERVER.
The compromise would bring "new luxury suites, a club/restaurant
and other amenities to the Coliseum," but not the new skyboxes
that the Hornets want. If an agreement is reached, it "would
help ensure that the Hornets get the $5 million in additional
revenues," and could keep the team from leaving the Coliseum
(Chapman & Mehrtens, CHARLOTTE OBSERVER, 1/28).