Untitled Document
New Coliseum Commission
Proposal (12-13-07)
The Los Angeles Times (12-13-07)
is reporting about the lease proposal we received from the Coliseum Commission.
It is, what I would call, a disappointment. You never know exactly what the TIMES
knows or who told them because they can't burn their contacts. They do state
directly that, "The latest lease proposal reportedly neither cedes control
of the stadium nor commits to structural improvements."
So, is the word "structural"
important? Maybe the scoreboard, bathrooms and new food facilities are not structural,
but are included in the proposal. We will have to wait and see. The TV news
shows are reporting that USC will have a response on Monday.
The statement from USC says, "Our
goal remains to secure a viable improvement plan for the Coliseum." Apparently,
that's not part of the Commission's proposal.
The Daily News is reporting, "the
Coliseum's agreed to USC's original request to give the university the right
to keep an NFL team out of the Coliseum."
According to the Press Telegram,
"The term sheet has been framed around the proposal that USC made in June,
which covered myriad deal point - from concessions, rent and stadium capacity
to naming rights, control and the NFL - and was rejected two months later.
The commission took many of the deal points it was satisfied with and included
them in the document it will forward to USC.
One that is not is turning over control
of the facility to USC. The school, in its proposal had limited the Coliseum
Commission to five non-commercial events per year, provided they didn't conflict
with any USC events."
I have a feeling that the Commission
views this process as back-and-forth bargaining. If so, then on Monday, I expect
us to ask for more than they proposed and the process to continue. I doubt we
just turn them down flatly. But then, I never expected us to go public in the
first place so anything is possible.
I'll add new links if informative
stories are published:
Los
Angeles Times article (12-13-07)
Daily News article (12-13-07)
Press-Telegram article
(12-13-07)
My
"Coliseum Saga Column" from (12-12-07)
My "Coliseum Commission
Meeting on Our Contract Column" from (12-5-07)
