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Arena Financing

All articles tagged with #arena financing

business1 month ago•1 min saved

Mark Cuban pushes for stake and disclosures in Mavericks' Valley View arena plan

Former Mavericks owner Mark Cuban filed a Dallas County lawsuit alleging adversarial business practices by current owner Patrick Dumont and seeking to force disclosure of financing and other details of the proposed Valley View arena project, arguing he remains contractually entitled to participate despite selling most of the team; the plan envisions a 104-acre Valley View site with a new arena and mall, and the Mavericks' lease at American Airlines Center runs through 2031.

via USA Today|

#arena-financing #business #dallas-mavericks

sports2 months ago•7 min saved

Dundon Bets Zero Dollars, Tests Portland Arena Financing

Defector’s Chris Thompson argues that Portland Trail Blazers owner Tom Dundon is leveraging public financing for a $573 million arena upgrade while putting zero of his own money on the line, portraying him as extractive and unconcerned with Portland as he pressures the city to fund renovations, downplays private investment, and even undermines team personnel—signaling a broader shift in NBA ownership dynamics that could pressure relocation if cities don’t bend to ownership demands.

via Defector|

#arena-financing #nba #ownership

sports5 months ago•13 min saved

UNC’s $700M Arena Gamble: Costs, Locations and What It Means for Tar Heel Basketball

UNC is evaluating seven options to renovate or replace the Dean E. Smith Center, with projected costs from $153 million to $786 million and potential completion windows around 2028–2031. Top options include a Smith Center renovation, a new on-campus arena at Odum Village, or a new off-campus site at Carolina North, with funding largely reliant on capital gifts and Rams Club contributions. The plan also discusses legacy and premium seating, student seating shifts, and ongoing stakeholder input, with no final decision yet.

via WRAL|

#arena-financing #basketball-arena #cost-analysis