Menu
Facilities Venues

PUBLIC ENEMY? CHARLOTTE ARENA GROUP SAYS NO TO REFERENDUM

          The Charlotte New Arena Committee voted 6-5 yesterday
     "against asking the City Council to consider a public vote
     before spending significant tax dollars" on a new arena for
     the Hornets, according to Markoe & Bonnell of the CHARLOTTE
     OBSERVER.  The group will present its final report to the
     council next Monday, and the council will then "ultimately
     decide whether to use public money to build" the facility. 
     The arena is projected to cost between $200-250M, with the
     Hornets contributing between $115-135M  and the public
     paying between $80-100M.  The committee has "recommended"
     that the public's share come from tourist taxes, ticket
     surcharges and various grants.  Because bonds will not be
     used to finance the arena, a public vote is not required. 
     Committee Chair John Fennebresque, on the chances of a
     referendum: "City Council has the opportunity to do this if
     they want to do this.  It's not our job."  But the Hornets
     have said that a referendum on the arena "is almost
     inevitable" (CHARLOTTE OBSERVER, 6/22).

SBJ Morning Buzzcast: April 25, 2024

Motor City's big weekend; Kevin Warren's big bet; Bill Belichick's big makeover and the WNBA's big week continues

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. 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/1999/06/22/Facilities-Venues/PUBLIC-ENEMY-CHARLOTTE-ARENA-GROUP-SAYS-NO-TO-REFERENDUM.aspx

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

https://www.sportsbusinessjournal.com/Daily/Issues/1999/06/22/Facilities-Venues/PUBLIC-ENEMY-CHARLOTTE-ARENA-GROUP-SAYS-NO-TO-REFERENDUM.aspx

CLOSE