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Major League Sport Stadium/Arena Referenda (1990-2017)

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MAJOR LEAGUE SPORT STADIUM/ARENA REFERENDA (1990-2017) {Sports Facility Reports, Volume 18} MAJOR LEAGUE BASEBALL FACILITY MARKET YEAR RESULT TAXPAYER COSTS ADDITIONAL PROJECTS OPEN (TEAMS) Rejected the state’s request to use revenue from a lottery to fund a stadium. Subsequently, a 0.1% sales tax was implemented in five Miller Park Defeated Milwaukee 1995 counties, resulting in taxpayers paying $310M of the estimated $400M - 2001 (Brewers) (64%) total cost. Approximately $259M in bonds were issued for the Park, and will be paid off between 2018 and2021. The Tigers owner will contribute $145M to the new stadium. The remaining costs will be financed publicly through a 2% car rental tax Comerica Downtown sports and entertainment Detroit 1996 Passed and a 1% hotel tax, and from Indian casino revenue. Comerica Bank 2001 Park (Tigers) shopping complex. paid $66M over 30 years for naming rights. Overall, the stadium cost $300M to build. The original plan called for the Reds to contribute $30M up front Great toward construction, $10M at groundbreaking and $10M when the American venue is completed. Rent will amount to $2.5M annually for nine Ball Park years, and then one dollar per year for the remaining 21 years of the 30- (Reds) year lease. However, because of the rising costs of this project, the Cincinnati 1996 Passed - 2003 & Paul team has agreed to expand its lease in the facility to 35 years. The Brown county will pay most of the cost using proceeds from the half-cent sales Stadium tax increase voters approved in 1996. The total cost for the Great (Bengals) American Ball Park was $290M and about $454M for Paul Brown Stadium. © Copyright 2017, National Sports Law Institute of Marquette University Law School Page 1 Financed through a team payment valued at $52M; Private investors Enron Field will contribute $33M; and a $180M from the public stemming from a (Astros; now Houston 1996 Passed 2% hotel tax and 5% rental car tax. The park came under budget with - 2000 Minute Maid only $248.2M of the $250M public financing being allotted for the Park) project. The financing plan includes $121M from naming rights (24- years/$50M with Pacific Telesis) and other sponsorships, concession San Pacific Bell 1996 Passed rights and the selling of charter seats; a $170M loan secured by the - 2000 Francisco Park (Giants) Giants; and a $15M tax increment financing by the City's Redevelopment Agency. Voters in all participating 11 counties overwhelmingly defeated the referendum. City, local and state officials persisted to develop a variety Triple the size of the convention center, of public funding sources, including a hotel tax increase to help fund infrastructure improvements on the PNC Park Defeated; $772.2M of the estimated $943M project. Even though the referendum North Shore. Along with the two new (Pirates) & PNC did not go to a ballot, the new proposal called Plan B, was approved in stadiums, part of the money allocated Pittsburgh Heinz 1997 approved in 1998. PNC and Heinz stadiums, along with renovating a convention 2001 was used to triple the size of the David Stadium 1998 by center, cost the public $809M. The specific breakdown for the L. Lawrence Convention Center. This (Steelers) Board (6-1) stadiums are: $228M for PNC, and $233 for Heinz. There was a 7% expansion of the center cost $267M in hotel tax increase. The Steelers privately funded $76.5M, and the public funds. Pirates funded $40M ($8.5M upfront and the rest paid over a period of time). $275M in city bonds generated by an increased hotel tax. The name on $300M allocated for retail/hotel/ballpark PetCo Park Passed San Diego 1998 the ballot was Proposition C. On the ballot, it guaranteed the Padres complex, revitalization of 26 square 2003 (Padres) (59.6%) would pay $115M. blocks. Proposed Defeated 0.5% increase in city’s sales tax would have paid one-third of the cost St. Paul Stadium 1999 - - (58%) of a proposed $325M stadium. (Twins) Voters agreed to a 3/8 cent increase in sales tax that would raise $425M to help fund $575M in stadium renovations for Truman Sports Construction of the Royals Hall of Fame Kauffman Complex. The complex includes Arrowhead Stadium and Kauffman Kansas Passed beyond the left field wall. Construction Stadium 2006 Stadium. The Chiefs and the Royals also contributed $100M to the 2009 City (53%) of the Pepsi Party Porch behind right‐ (Royals) project ($25M from the Royals and $75M from Chiefs). $256M was center field. used for renovations to Kauffman Stadium. State will have $50M available in tax credits for the project. Kauffman In a separate referendum, voters in Kansas City voted against a use tax Kansas Defeated Stadium 2006 to raise $200M to add a rolling roof that could cover either stadium or - - City (52%) (Royals) the space between the stadiums. © Copyright 2017, National Sports Law Institute of Marquette University Law School Page 2 Sloan Park part of Mesa Bed Tax Increase measure increased the local hotel taxes from Mesa will spend an additional $15M on Cactus Passed 3% to 5% to fund a new $84M Cactus League stadium for the Chicago utilities and parking; the adjacent land is Mesa League 2010 2014 (63.7%) Cubs. The measure will also allow the use of additional money from designated for a retail and entertainment Stadium the city's enterprise fund. complex. (Chicago Cubs) Voters declined to adopt a proposal to use $217M in bonds to turn the AstroDome Defeated AstroDome into an event and expo center. The facility will likely be Houston 2013 - - (Astros) (53%) demolished, but there have been efforts to re-use the facility in some way. Residents in Arlington, Texas voted to approve a new billion-dollar stadium to be built, which keep the Rangers in Arlington through 2054. The new stadium is going to built south of Randol Mill Road, which is currently where a team parking lot is located. The stadium will be Arlington and Rangers officials said that billed by the City of Arlington in a 50-50 proposition. This would Globe Life Park will not be bulldozed. Rangers Rangers 2016 Passed move a half-cent sales tax that is already in place to help pay for AT&T Instead, the stadium is going to be 2024 Stadium Stadium. The new baseball stadium will have a retractable roof. The repurposed as retail, office, and dining Rangers’ lease with Globe Life Park is good through 2024, but the space. Rangers could be playing at the new stadium as early as 2021. http://www.wfaa.com/news/politics/new-rangers-stadium-ballpark- vote-early-voting-results/350121470 MAJOR LEAGUE SOCCER FACILITY MARKET YEAR RESULT TAXPAYER COSTS ADDITIONAL PROJECTS OPEN (TEAMS) Dick’s Sporting Voters approved the creation of $64M through sales tax revenue and 200-acres of mixed-use retail and Goods Park Passed Promissory Interest Tax revenue bonds. The $64M was used for commercial development. Youth Denver 2004 2007 (Colorado (67.5%) infrastructure improvements around Dick’s Sporting Goods Park. The park soccer fields complex. There are Rapids) cost $131M to construct. 24 fields total in the complex. Voters agreed to a 3/8 cent increase in sales tax to help fund $575M in Arrowhead stadium renovations for Truman Sports Complex. The complex includes Kansas Stadium Passed Arrowhead stadium and Kauffman Stadium. The Chiefs and the Royals also 2006 - 2010 City (Wizards now (53%) contributed $100M to the project. $375M will be used for renovations to Sporting KC) Arrowhead stadium. $256M will be used to renovate Kauffman Stadium. State will have $50M available in tax credits for the project. © Copyright 2017, National Sports Law Institute of Marquette University Law School Page 3 NATIONAL BASKETBALL ASSOCIATION FACILITY MARKET YEAR RESULT TAXPAYER COSTS ADDITIONAL PROJECTS OPEN (TEAMS) The public will provide $141.2M that will come from hotel and American Airlines transportation taxes. American Airlines will pay approximately $42M Miami 1996 Passed - 1999 Arena (Heat) over 20 years beginning in 1999 for the naming rights. The venue total is $213M and sits on $38M of county land. American Airlines $236M annually for municipal $125M package, which passed by only 1,600 votes, funded by new 5% Dallas Center (Mavericks 1998 Passed works; $1.2M in new business tax 2001 car rental and 2% hotel taxes. & Stars) revenue. $146.5M portion will come from a county tax increase, a hotel tax Arena to be shared with the Shock San Passed SBC Arena (Spurs) 1999 increase from 15% to 16.75%, and a car-rental tax increase from 10% to Show and Rodeo, which attracts 2002 Antonio (60%) 15%. 1M visitors annually. Proposed Stadium Defeated Rejected a proposal that would have raised $80M in public funds Houston (Rockets & WNBA 1999 - - (54%) through hotel and car rental taxes. Comets) Toyota Center Voters approved an almost identical plan they had rejected one year Passed Houston (Rockets & WNBA 2000 earlier. Nearly all the $125M - $175M public contribution will come - 2003 (61%) Comets) from existing hotel and car rental tax. Proposed Stadium Defeated In 2001, voters defeated a non‐ binding referendum that would have Charlotte 2001 - - (Hornets) (57%) paid $215M for a new stadium for the then Charlotte Hornets. In 2008, voters approved a 1‐cent sales tax increase for a 15‐month time The tax revenue will also be used Oklahoma Ford Center Passed 2008 period. The sales tax increase will be used to pay for $100M in to finance a $20M practice facility 2012 City (Thunder) (61.9%) improvements at the Ford Center. for the Thunder. © Copyright 2017, National Sports Law Institute of Marquette University Law School Page 4 NATIONAL FOOTBALL LEAGUE FACILITY ADDITIONAL MARKET YEAR RESULT TAXPAYER COSTS OPEN (TEAMS) PROJECTS FirstEnergy The Browns contributed $54M and $25M from seat licenses.
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