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Angelos - 2 “ - 2 Peter G - 1 Mr - 1 Angelos’s - 1 Baltimore Sun — - 1 David Rubenstein - 1 Taylor Swift - 1
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Baltimore Orioles - 1 Major League Baseball - 1 Baltimore Sun - 1 Inner Harbor Sports - 1 Maryland Stadium Authority - 1 Service - 1 San Francisco 49ers - 1 49ers - 1

Search resuls for: "Stadium Authority"


4 mentions found


☆ Peter G. Angelos, Owner of the Baltimore Orioles, Dies at 94
  + stars: | 2024-03-23 | by ( Emmett Lindner | ) www.nytimes.com   time to read: 1 min
Peter G. Angelos, the longtime owner of the Baltimore Orioles who built a fortune as a class-action lawyer, died on Saturday. His death was confirmed in a statement from his family that was posted on the team’s social media account, which said that Mr. Angelos had “passed away quietly.” No cause was given, though the statement acknowledged that he had been ill for several years. Mr. Angelos’s death came as his family awaited approval by Major League Baseball owners to sell the team — valued, along with its assets, at $1.725 billion, according to The Baltimore Sun — to David Rubenstein, the president of Inner Harbor Sports. The sale was approved on March 20 by the Maryland Stadium Authority board, which was required under the terms of the team’s lease for ownership to be transferred.
Persons: Peter G, Angelos, Mr, “, Angelos’s, Baltimore Sun —, David Rubenstein Organizations: Baltimore Orioles, Major League Baseball, Baltimore Sun, Inner Harbor Sports, Maryland Stadium Authority
☆ Santa Clara's Levi's Stadium generated $2 billion for the local economy in 10 years, thanks to non-NFL events
  + stars: | 2023-10-06 | by ( Cork Gaines | ) www.businessinsider.com   time to read: +7 min
A new study shows Levi's Stadium generated $2 billion for the local economy in its first 10 years. More than $300 million was brought in before Levi's Stadium opened and was used to help pay for its construction. Her two concerts at Levi's Stadium in July are estimated to have generated a total of $33.5 million in economic impact for the area. AdvertisementAdvertisementGuido thanked the citizens of the Bay Area in a letter and lauded the economic impact study in a statement. Before the Levi's Stadium analysis, most earlier studies showed the impact of a stadium rarely lives up to the promises of the teams.
Persons: Taylor Swift, —, SportsEconomics, Coldplay, Elton John, Kate Green, Al Guido, QuestionPro, Swifties, Mike Coppola, doesn't, Robert Beck, Goldman Sachs, Guido Organizations: Service, San Francisco 49ers, 49ers, Levi's, NFL, Office Sports, Bank of America, Fortune, Las Vegas Convention, Vistors Authority, Super, MTV, Goldman, Santa Clara Stadium Authority, Minnesota Vikings, Swift Locations: Santa Clara, Glendale , Arizona, Minneapolis
☆ A Great Team, an Ambitious Plan and an ‘Existential’ Issue
  + stars: | 2023-08-21 | by ( Tyler Kepner | More About Tyler Kepner | ) www.nytimes.com   time to read: +2 min
This is the setting, after all, that transformed professional sports as few other forces ever have, synergizing team and town and making the venue the star attraction. The team has risen (though never to the World Series) and fallen (often quite far) in the decades since, and now it is cresting again. John took a seat in the home dugout one recent afternoon while the visiting Mets took batting practice, pausing now and then to greet people by name. The clubhouse manager, Fred Tyler, whose family has worked for the team since it moved from St. Louis in 1954, got a hearty hello. “We had lost the Colts and there was some concern about the economics of professional sports and whether the Orioles might be attracted.
Persons: Peter Angelos, Peter, John, Fred Tyler, Louis, Grayson Rodriguez, Angelos, Buck Showalter —, Kurt Schmoke, “, ” Organizations: Oriole, Camden, Orioles, Mets, American League East, Colts, Stadium Authority Locations: St, Baltimore
☆ Taxpayers are paying billions for the renovations and construction of NFL stadiums. Here's how
  + stars: | 2022-12-22 | by ( Darren Geeter | ) www.cnbc.com   time to read: +4 min
These tax exemptions help lower the burden of high debt through low-interest municipal bonds used by cities and teams to pay for stadiums. Since 1913, municipal bonds have been a popular financing option for airports, roads, hospitals and schools. The loophole works by creating an artificial financing structure through tax-exempt municipal bonds. To gain access to those bonds, private companies must fail one of two tests stipulated by the Tax Reform Bill of 1986. The Las Vegas Stadium Authority financed nearly 40% of the stadium through $750 million in bonds backed by its hotel taxes.
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