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December 22, 2005
All I Have to Do Is Dream
Ever since Mario Lemieux came out and said the Penguins’ days in Pittsburgh were numbered, the Hartford Courant has printed a new article almost every day discussing the renewed crusade to return NHL hockey to the Nutmeg State. It hasn’t made news outside southern New England, but it’s worth noting that former Whalers owner Howard Baldwin recently submitted a plan to the Connecticut Development Authority, which leases the Hartford Civic Center from the city, designed to lure a major league franchise to the insurance capital: Neither Baldwin nor state officials would speak to the specifics of Baldwin's most recent proposal. But in a document prepared by Baldwin and obtained by The Courant, the man who says he would bring the NHL back to Hartford proposes acquiring the authority's lease for the city-owned building and assuming responsibility for future capital improvements to the civic center. Among other things, Baldwin's company also would get the rights to the Whalers name, logo and other trademarks. The state of Connecticut is losing $4 million annually on the Civic Center, but it has nothing to do with MSG’s perceived mismanagement. Rent and capital improvement payments account for a majority of that loss, and those are expenses that wouldn’t disappear if the CDA were to replace MSG with a new managing partner for the 30-year-old arena. However, as the article notes, Baldwin claims he’s willing to assume all of the CDA’s current arena expenses, including lease payments and capital improvements. It’s also important to remember that MSG manages Rentschler Field, the brand new home of UConn’s football team. Should the CDA choose to void their Civic Center contract with MSG, it is conceivable that MSG will opt out of its deal with Rentschler Field, which is something that UConn Athletic Director Jeff Hathaway says is not an option (see Monday and Tuesday's commentary). POSTSCRIPT: The CDA's recent board meeting can be viewed here. POSTSCRIPT #2: Allright, I'll admit it. As someone who works in Connecticut, I felt obligated to express my own thoughts to the CDA. Thanks to Karen Hunter for the acknowledgement. Trackback PingsTrackBack URL for this entry: CommentsPenguins name Isle of Capri as casino partner for new arena Thursday, December 22, 2005 Isle of Capri Casinos Inc., a major player in the gambling industry, is the power behind a $1 billion plus plan to to redevelop the lower Hill District and secure the Penguins' future in Pittsburgh. The Penguins are banking that the proposal -- in which Isle of Capri also promises to build an arena -- will carry the day with state regulators and enable Isle of Capri to capture the license for a Pittsburgh slots casino. http://postgazette.com/pg/05356/626343.stm It all depends on who gets that slot license in Pittsburgh. Posted by:
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