TSA MEMO DETAILS THE FINANCIAL NEED FOR A NEW STADIUM
In a handwritten memo, TSA Exec Dir Rick Nafe details the
financial need for a "new or vastly improved stadium" to keep the
Bucs in Tampa, according to this morning's ST. PETE TIMES.
According to the memo, Bucs owner Malcolm Glazer "stands to lose"
$13-15M a year if the team continues to play in the current Tampa
Stadium. And this estimate requires a sell-out for every home
game. Part of that financial burden is based on the team's
"increased expenses" incurred by $130M Glazer reportedly plans to
borrow to buy the team (Richard Danielson, ST. PETERSBURG TIMES,