MARYLAND STADIUMS CLOSE TO APPROVAL WITH OWNER CONCESSIONS
Baltimore NFL Owner Art Modell has told MD officials that
"he is willing to help pay for the proposed Camden Yards football
stadium," but it remains unclear how much Modell is willing to
contribute. Legislators have asked for $24M to be paid over 30
years, but the team's plans "were expected to be outlined in a
hearing today." Modell: "I think we've made some movement."
Meanwhile, officials were close to an agreement on the Redskins
stadium, in which Prince George's County and fans would pick up
1/3 of the state's $73M share. "Holding up the deal" was the
team's reluctance to agree to a $1.25 surcharge on tickets or
parking fees (Waldron & Smith, Baltimore SUN, 2/21). An
editorial in today's Baltimore SUN slams Modell over the stadium
financing (Baltimore SUN, 2/21).