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Volume 26 No. 229
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Charlotte Willing To Spend $110M To Help In Landing MLS Team

A letter sent by Charlotte Mayor Vi Lyles to MLS Commissioner Don Garber last month details how the city is "willing to set aside" $110M in "hospitality funds" to land the 30th MLS team, according to a front-page piece by Kuznitz, Smoot & Morrill of the CHARLOTTE OBSERVER. The letter "offers the clearest picture to date of how much tourism money will be allocated to support the bid." MLS has "not yet confirmed" that Charlotte will be home to its 30th team. Garber this month said the league is in "very, very advanced discussions" with Panthers Owner David Tepper, who is leading the charge to bring MLS to the city. Lyles said the $110M in hospitality funds will be "set aside to help ensure a successful venture over the next many years." She did "not spell out how that money would be spent, or how long it will take to generate and distribute the funds." The city also publicly released a "permit showing an event will take place in uptown around Levine Avenue of the Arts between Monday and Tuesday." The event next week is "widely expected to be on Tuesday for the official MLS announcement." Meanwhile, the city council "still needs to take a public vote on the incentives package" (CHARLOTTE OBSERVER, 12/12). In Charlotte, Erik Spanberg noted incentives are "usually deliberated and decided prior to an announcement of a project." However, sources said that a "final council decision and vote" on an MLS incentives package will come in '20 (BIZJOURNALS.com, 12/11). 

THE NAME IS THE GAME: In Charlotte, Hannah Smoot notes "eight trademarks for potential Charlotte soccer team names have been filed" with the U.S. Patent & Trademark Office by a "top Panthers official." The names are: Charlotte FC, Charlotte Crown FC, Charlotte Fortune FC, Charlotte Monarchs FC, Charlotte Athletic FC, Charlotte Town FC, Carolina Gliders FC and All Carolina FC (CHARLOTTE OBSERVER, 12/12).