Kukla's Korner Hockey
New Lease On The Horizon For Predators
by Paul on 03/19/08 at 07:40 PM ET
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from the AP via Yahoo,
The new owners of the Nashville Predators are close to final approval on a revised lease agreement for their arena that has Nashville taxpayers helping subsidize the team.
The Metro Sports Authority approved the new lease by a vote of 7-1 Tuesday, and the Metro Council is expected to vote on the lease April 1 with only a simple majority needed for approval.
The agreement has Nashville paying the team $3.8 million each year, even when the Predators don’t lose that much money. If the Sommet Center’s losses are less than $3.8 million, the other money could be spent on the arena itself.
Filed in: NHL Teams, Nashville Predators | KK Hockey | Permalink
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