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Lsed

All articles tagged with #lsed

sports-business1 year ago

Saints Dispute Claims of Late Superdome Renovation Payments

New Orleans Saints and Pelicans President Dennis Lauscha discusses the ongoing renovations of the Caesars Superdome, emphasizing the team's commitment to enhancing fan experience and maintaining a positive relationship with the state. Despite recent tensions and payment delays due to disagreements over lease terms, Lauscha remains optimistic about resolving the issues and continuing the project without impacting upcoming events. The Saints have already contributed $144.7 million towards the renovation, with a total commitment of $183 million.

sports-business1 year ago

Saints' Superdome Renovation Payments Delayed, Officials Report

Plans to upgrade the Smoothie King Center are stalled because New Orleans Saints and Pelicans owner Gayle Benson is behind on $11.5 million in payments for Superdome renovations. The Louisiana Stadium and Exposition District (LSED) has paused proceedings on the Smoothie King Center's master plan until these financial issues are resolved. The Saints claim they are willing to pay but need certain documentation. The delay affects the assessment of potential upgrades or the construction of a new arena for the Pelicans.