Facility NotesPublished April 3, 2012
In Minneapolis, Helgeson & Kaszuba note a "new financing plan" for a Vikings stadium "ran into immediate trouble Monday at the state Capitol, but had enough momentum to pass its first test in the House." The plan to fund the nearly $1B stadium "could get more hearings in both the House and Senate this week before the Legislature begins" a 10-day spring break. No Senate panel has "yet approved the plan" (Minneapolis STAR TRIBUNE, 4/3).
WARNING NOTICE: NBA Kings Owners the Maloof family "sent another warning Monday that they will not sign off on a deal to build a new arena complex if they are expected to cover some of the project costs." Maloof family attorney Eric Rose said in a statement yesterday, "Pre-development costs are not the responsibility of the tenant. Further as a tenant, we should not be responsible to reimburse the operator for the development if the project never materializes." Rose's statement "also insisted that the Maloofs had made their views clear prior to the NBA's March 1 deadline, and noted that the family has never signed the term sheet" (NWCN.com, 4/2).
TERMS OF SERVICE: In Tampa, John Romano writes under the header, "The Powerful Piece Of Paper That Is The Tampa Bay Rays Lease." A "brief, four-sentence section is known as the 'exclusive dealings' portion of the stadium use agreement between the Rays and St. Petersburg," and the clause essentially "forbids the Rays from negotiating to play in any stadium other than" Tropicana Field before '27. The lease states that any violation would result in "irreparable harm and damages.'' St. Petersburg City Attorney John Wolfe, who was an assistant city attorney when St. Petersburg drafted the agreement in the early '90s, said, "Did we do our homework? Yes, we did" (TAMPA BAY TIMES, 4/3).
SPONSORSHIP PROTECTION: In Ottawa, Neco Cockburn noted the city has "agreed to protect and recognize sponsors of the Sens Foundation and Ottawa Senators hockey club." An agreement giving the companies "exclusive sponsorship rights at the refrigerated ice pad outside City Hall." The city is "responsible for and is to receive all of the revenue from sponsorship programs at the rink, where the ice surface featured logos of the Senators and city when it opened in January." The city contributed $250,000 to the project, and the "Sens Foundation covered the remaining costs." The bill for the rink "grew to about" $2M before it opened (OTTAWA CITIZEN, 4/2).
Marketing and Sponsorship
Seahawks' New Threads Dominate Talk As Nike Unveils New NFL Jerseys Today
Nebraska To Sport Alternative Adidas Uniform For One Game Next Season
Maria Sharapova Signs Three-Year Sponsorship Deal With Samsung Electronics
ESPN To Debut First Spanish TV Ad With Yankees' Robinson Cano
Press Your Luck: Andrew Luck Signs Trading Card Deal With Panini America
Nationals Sign Several New Sponsors For '12 Season, Including United Airlines, Papa John's
Brewers File Suit Against Sponsor Yes Vodka Parent Company For Sponsorship Payments
Leagues and Governing Bodies
Cablevision, MSG Call N.Y. Daily News Report Inacurrate, Deny Witholding Lin Injury News
NFL, NFLPA Reps Meet On Saints Bounty Scandal; Players Likely To Be Disciplined
Reds Give Joey Votto Fourth-Largest Deal In MLB History With $225M Contract Extension
Lee County Execs Continue Effort To Land Nationals For Spring Training
Marlins Sign Pepsi, Miccosukee Resort As Quadrant Sponsors Of New Ballpark
Critics Giving Positive Reviews For Marlins Park's Architecture, Homage To Miami
AEG's Anschutz Willing To Buy An NFL Team To Make Downtown L.A. Stadium Happen
Redskins To Reduce Capacity At FedExField, Removing 4,000 Seats
Royals Among First MLB Clubs To Install Sportvision's Fieldf/x For In-House Metrics