The Penguins Are Getting A New Arena
#1
Posted 12 March 2007 - 07:11 PM
I'll get more details when the become available.
BTW if KDKA is misreporting this I'm probably going to jump out of my 3rd story window.




#2
Posted 12 March 2007 - 07:15 PM
I don't have local radio though, lol.
Either way, this was expected by me, and is awesome.
#3
Posted 12 March 2007 - 07:18 PM
I don't have local radio though, lol.
Either way, this was expected by me, and is awesome.
Ya was this from TV on my new slingbox.




#4
Posted 12 March 2007 - 07:20 PM
See? Another reason to love the Slingbox..... LOL
seriously, tho..... that would be great if it turns out to be true.... can't wait for Kansas City Serge to backtrack......
#5
Posted 12 March 2007 - 07:21 PM
KDKA sources confirm that the new arena deal is done.
KDKA’s Bob Pompeani reports that the city, the state, and the Penguins have all come to an agreement over how to build and pay for a new arena.
And that means the Pens will stay right here in Pittsburgh.
Pompeani reports that an official announcement is expected before tomorrow night's home game against the Buffalo Sabres.
Last week's meeting in Philadelphia lasted more than four hours and produced significant progress on the framework for a new multi-purpose arena. Some bigger stumbling blocks were finance rates on an extra $20 million added as a contingency to a proposed arena bond issue.
Sources tell Pompeani that the overall price tag will be higher than the original $290 million that was first discussed.
The Penguins have agreed to put up four million a year toward a new building. They also have agreed to put up $500,000 a year for a new parking garage in the arena complex.
While the recent appeals of the casino license awarded to Don Barden were of concern to the Penguins, Thursday's meeting in Philadelphia seemed to soften their concerns, and paved the way for this agreement, which will keep the Penguins in Pittsburgh for the foreseeable future.
There is still a meeting scheduled for this Wednesday to fully finish the deal.




#6
Posted 12 March 2007 - 07:23 PM
#7
Posted 12 March 2007 - 07:25 PM
#8
Posted 12 March 2007 - 07:27 PM
#9
Posted 12 March 2007 - 07:33 PM
HOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
Penguins, officials reach deal on arena
Monday, March 12, 2007
Pittsburgh Post-Gazette
Cancel the movers. The Penguins aren't going anywhere.
Sources close to the negotations say that the team has an agreement with state and local leaders for a new arena that will be ready for the 2009-10 season.
The terms of the agreement call for a 30-year lease and spell out contributions from the team, the state and from gambling revenues.
A formal announcement is expected sometime tomorrow, prior to the Penguins home game at 7:30 p.m. against the Buffalo Sabres.
#10
Posted 12 March 2007 - 08:13 PM
#11
Posted 12 March 2007 - 08:14 PM
Suddenly, I'm no longer feeling pain
(I refuse to believe this report 100%, though. The politician side of the agreement is refusing to comment one way or another, so I refuse to totally get my hopes up)
If the Penguins win the Stanley Cup, I will stop watching hockey for a full year.
This is a 100% true story.
#12
Posted 12 March 2007 - 08:19 PM
#13
Posted 12 March 2007 - 08:39 PM
Sweet RONNIE FRANCIS!




#14
Posted 13 March 2007 - 03:11 AM
#15
Posted 13 March 2007 - 03:57 AM
Bettman wants to expand and KC would be at or near the top of the list.
#16
Posted 13 March 2007 - 04:18 AM
I hope that's a joke.




#17
Posted 13 March 2007 - 04:59 AM
#18
Posted 13 March 2007 - 05:08 AM
I still hope it's a joke. The last thing the NHL needs is to expand. Moving the Pens makes more sense than expanding.




#19
Posted 13 March 2007 - 05:29 AM
I think some rearranging would be smarter than expanding. I just cannot see an expansion team surviving in KC.
#20
Posted 13 March 2007 - 06:13 AM
Well hey, who wouldn't right?
Mmm anyway I think I'm one of the few, or crazy, that wouldn't mind seeing a hockey team in Kansas City.
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