Menu
Facilities Venues

FINANCING NEW SEAHAWKS PAD TOUGHER THAN ROSE GARDEN

      Even though Paul Allen will not decide whether to buy the
Seahawks from Ken Behring until the end of the football season,
he will begin exploring options for an improved stadium -- either
a renovated Kingdome or a new facility.  In Tacoma, Elaine
Porterfield writes the Blazers' $262M Rose Garden that Allen
constructed is considered a "model public-private partnership"
since taxpayers contributed only $34.5M to the $155M Allen
procured from private investors and the $46M he paid himself.
But in Portland, Allen was able to entice investors with a track
record of 812 sellouts, 70 pre-sold luxury suites and a schedule
of over 200 events a year.  A football-only stadium would be less
profitable, hosting at most 10 games a year.  Allen:  "It can be
done, but it takes a lot of work."  Allen said if he were to
build a new stadium, one of the three sites adjacent to the
Kingdome being considered for the Mariners ballpark would be his
first choice, with a suburban facility with more parking his
second (Tacoma NEWS TRIBUNE, 4/25).
     SHOULDN'T BREAK THE BANK:  The city of Anaheim said the
Seahawks owe about $150,000 for the cost of fixing up the
training camp they were set to move into.  City attorney Jack
White:  "We haven't even invoiced them yet, but we don't expect
any problem in receiving the payment from them for the costs
incurred" (Tacoma NEWS TRIBUNE, 4/25).

SBJ Morning Buzzcast: April 22, 2024

Pegulas eyeing limited partner; The Smiths outline their facility vision; PWHL sets another record and new investments in women's sports facilities

NBC Olympics’ Molly Solomon, ESPN’s P.K. Subban, the Masters and more

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with Molly Solomon, who will lead NBC’s production of the Olympics, and she shares what the network is are planning for Paris 2024. Later in the show, we hear from ESPN’s P.K. Subban as the Stanley Cup Playoffs get set to start this weekend. SBJ’s Josh Carpenter also joins the show to share his insights from this year’s Masters, while Karp dishes on how the WNBA Draft’s record-breaking viewership is setting the league up for a new stratosphere of numbers.

SBJ I Factor: Gloria Nevarez

SBJ I Factor features an interview with Mountain West Conference Commissioner Gloria Nevarez. The second-ever MWC commissioner chats with SBJ’s Ross Nethery about her climb through the collegiate ranks. Nevarez is a member of SBJ’s Game Changers Class of 2019. Nevarez has had stints at the conference level in the Pac-12, West Coast Conference, and Mountain West Conference as well as at the college level at Oklahoma, Cal, and San Jose State. She shares stories of that journey as well as how being a former student-athlete guides her decision-making today. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/1996/04/25/Facilities-Venues/FINANCING-NEW-SEAHAWKS-PAD-TOUGHER-THAN-ROSE-GARDEN.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/1996/04/25/Facilities-Venues/FINANCING-NEW-SEAHAWKS-PAD-TOUGHER-THAN-ROSE-GARDEN.aspx

CLOSE