At the arena

Document Sample
At the arena
At the arena

2005

June: Mario Lemieux says

Penguins owners are talking

to gambling companies about

a bid for a slots license.

December: Gov. Ed Rendell

says a new arena could be

built with tax breaks, a

parking tax or surcharges on

tickets and concessions, even

if the team does not win a

casino license. Later, the Pens

announce they are partnering

with Isle of Capri to seek a

gambling license.



2006

January: Rendell says the

Pens should have a back-up

plan for a new arena in case

the license falls through.

February: The Penguins say

they will not negotiate a “Plan

B” to build an arena without

slots money.

March: Rendell says the two

other Pittsburgh casino

applicants should pledge a

portion of their profits to a

new arena if they win the

license.

April: Penguins President Ken

Sawyer says the team cannot

commit to staying in

Pittsburgh because Plan B has

too many holes.

October: Jim Balsillie,

announced as the new team

owner, says he wants an

arena-funding deal in place

before the season ends or the

team could move.

Dec. 15: Lemieux says the

deal to sell the team to

Balsillie is off, two days after

the Canadian businessman

testified in support of the Isle

of Capri license application.

Dec. 20: The state Gaming

Control Board awards the

city’s slots license to Detroit

businessman Don Barden’s

Majestic Star Casino.

Dec. 21: Lemieux says the

team is off the market and will

look to move to another city.



2007

Jan. 4: At a meeting between

team owners and elected

officials, Gov. Ed Rendell

offers a new plan — the team

would pay $2.86 million a year

over 30 years; Majestic Star

would pay $7.5 million a year;

the state would pay $7 million

a year; and Pittsburgh would

pay $1.2 million a year from

increased amusement taxes

generated by the new arena.

Jan. 18: A meeting between

team ownership — not

including Lemieux — and

elected officials and Barden

ends with no deal.

Jan. 22: Pittsburgh Mayor

Luke Ravenstahl and

Allegheny County Chief

Executive Dan Onorato ask

the team for more money

toward a new arena, during a

meeting in New York.

Feb. 4: A team-imposed 30-

day deadline for a deal passes.

March 5: The Penguins

announce an impasse, saying

they agreed to increase the

team's annual rent to $3.6

million and to pay $400,000

a year for capital expenses.

The team also agreed to pay

$500,000 a year, for 30

years, toward construction of

a parking garage.

March 7: Team co-owner Ron

Burkle travels to Las Vegas.

March 8: The Penguins, NHL

Commissioner Gary Bettman

and public officials meet in

New Jersey, apparently

securing a deal.

March 9: Burkle watches

Penguins game from box

seats when he was supposed

to be in Kansas City.

Today: Sources say team will

announce arena deal before

tonight’s game against the

Sabres.



SOURCE: TRIBUNE-REVIEW RESEARCH



TRIBUNE-REVIEW


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