TIGERS' NEW DEN COMES JUST-IN TIME FOR THOMPSON, CLARK, ETC.
The Tigers held a groundbreaking ceremony for their new
ballpark yesterday, according to Charlie Vincent of the
DETROIT FREE PRESS. Tigers Owner Mike Ilitch: "It will not
be a stadium or a field, it will be a ballpark." The Tigers
plan to be in the new stadium by Opening Day 2000, but one
official guest, who requested anonymity, said, "I still
don't know if it's going to happen." Vincent: "For the
record, no one else voiced even the slightest sign of doubt"
(DETROIT FREE PRESS, 10/30). Also in Detroit, Patricia
Montemurri reports that approximately 1,000 people attended
the groundbreaking. Montemurri also writes that a
consortium of 12 U.S. and Canadian banks have "a binding
agreement" for a $145M loan package with the Tigers and
Ilitch. But Michael Monahan, President of Comerica Inc. &
Comerica Bank, the consortium's lead bank, said that the
final deal "hasn't been signed," and he declined to say how
long before it would be finalized (FREE PRESS, 10/30).