WARRIORS PLACE HALLOWEEN DEADLINE ON SAN JOSE'S PROPOSAL
Warriors officials said Sunday that they need a commitment -
- approved by the San Jose city council -- by October 31. With
that new deadline, city officials spent the day trying to resolve
the "key stumbling block": agreement from the Sharks. Sources
say the Sharks want new contract language that in 10 years would
automatically guarantee the NHL team "whatever concessions the
city might have to offer to keep the basketball team when its
lease expires." As the plan reads now, a Warriors' 10-year lease
with San Jose Arena would run out two years before the Sharks.
Sharks officials worry the Warriors "would get first crack at
eliciting valuable concessions from the city to renew the
contract. Because the concessions are unknown, it would be risky
for the city to make such a promise to the Sharks" (Mary Anne
Ostrom, SAN JOSE MERCURY NEWS, 10/23).