All articles tagged with #stadium lease
A Los Angeles County judge denied a temporary restraining order sought by the Rose Bowl and Pasadena to prevent UCLA from moving its football games away from the Rose Bowl, citing lack of emergency and ongoing legal considerations. The case involves UCLA's long-term lease and potential move to SoFi Stadium, with the court emphasizing the public interest and contractual obligations involved.
New Orioles owner David Rubenstein has committed to honoring the team's stadium lease for the full 30 years, expressing his intention to keep the Orioles in Baltimore as long as there's Major League Baseball. Rubenstein, who recently purchased the team for $1.725 billion, plans to negotiate a development rights deal with the state and has no intention of exercising the option to end the lease after 15 years. He also expressed his admiration for New England Patriots owner Robert Kraft and his plans to revitalize the Camden Yards area.
Oakland Athletics owner John Fisher is once again facing public humiliation as the team seeks a lease extension in Oakland while searching for a new ballpark location. The ongoing negotiations highlight the difficulty the team faces in finding a new home, with Las Vegas as a potential option. The city of Oakland, while needing the rent, is also looking for ways to make Fisher and the team pay for their prolonged neglect and attempts to leave. The upcoming meeting between the A's and city officials is expected to be a tense affair, as Fisher continues to navigate the challenges of relocating the team.
The Orioles' lease of Camden Yards hits another snag as Maryland State Senate President Bill Ferguson raises concerns over the proposed terms of the ground lease, which would grant the team development rights to prime real estate around the park for a total payment of $94 million over 99 years. Ferguson questions the ownership situation beyond 2023 and suggests that the state and city should receive an ownership stake in the team in exchange for financial support. Despite the ongoing negotiations, a deal is expected to be reached soon, with the possibility of going month-to-month if no resolution is reached by December 31.
Cincinnati Bengals president Mike Brown, who turns 88 next month, expresses his desire to win a Super Bowl and bring joy to the city. He praises the team's coaching staff, quarterback Joe Burrow, and the success they have achieved in recent years. Brown refrains from discussing contract negotiations for Burrow and the stadium lease, but emphasizes the importance of finding a solution that works for the team and its fans. He also reflects on his role in passing on the family business to his daughter and expresses pride in her accomplishments. Despite his age, Brown remains committed to attending games and supporting the team.
Bengals executive vice president Katie Blackburn discussed various topics including Joe Burrow's contract negotiations, Joe Mixon's future, Jonah Williams' trade request, and the stadium lease. Blackburn revealed that there is no timeline for Burrow's extension, but the negotiations are ongoing. She also stated that Mixon is currently on the team, but his future is uncertain due to his declining production and legal issues. The team's lease expires in 2026, but Blackburn expressed optimism about renewing it and improving the stadium.