From Deseret News archives:
Stadium deal doomed?
County number-crunchers call it a risky investment
- Page:
- < Previous
- 1
- 2
County number-crunchers also slashed projected attendance figures at Real games: The committee believes Real can get only as many as 12,800 people to buy tickets in 2013, while Real believes nearly 17,000 will pay up.
Checketts said he knows he can achieve Real's projections, because he's a veteran in the sports business.
"Throughout the review of our proposal, the committee has undervalued our experience in building and running professional franchises and entertainment venues," Checketts said. "Further, they have overvalued a pessimistic view that Salt Lake County really doesn't have the people and the market to make this sort of 'major league' project a reality. We continue to disagree with this sort of attitude."
Another weakness in the Real business plan was the financial "uncertainties," according to the committee's recommendation to the mayor. The team has only a "moral obligation" with the county to give the team $10 million in 2011 and another $10 million in 2015. If a future County Council were to decide not to bond for that money, the committee wasn't sure what would happen to the team's finances.
The committee believes Sandy can raise only $7.5 million through a redevelopment-agency bond, although no taxing district has committed its money yet.
Sandy Mayor Tom Dolan insists the city can come up with the $7.5 million in redevelopment-agency dollars for the stadium.
"I'm not surprised about anything that happens in Salt Lake County," said Dolan. "We weren't invited to give much input into it, and I think they're using it as a scapegoat in their decision-making process. We know how we can come up with the money for it. But that's really not of interest to them. That's a cop-out."
Dolan said Corroon promised he would call the Sandy leader before he makes his decision next week. Sandy's next course of action will be determined after that, Dolan said.
Although Real insists it can't survive without a stadium of its own, Checketts isn't giving up yet.
"We remain hopeful that Mayor Corroon and the County Council will look beyond politics and have the vision to do what is best for Salt Lake County," Checketts said.
E-mail: ldethman@desnews.com
Comments
- Senator says Afghan surge needed 8:56 p.m.
- Matthews passes new Jazz tests 8:53 p.m.
- Max Hall issues apology 8:46 p.m.
- Montreal Alouettes win Grey Cup 8:40 p.m.
- Rivalry dishes out talking points 8:32 p.m.
- Hall's pain reflects self betrayal 8:23 p.m.
- Stitt's free throws lift Clemson 8:10 p.m.
- Spurs drop slumping 76ers 8:05 p.m.
- Brooks, Landry power Rockets 7:55 p.m.
- Woods gives his side of the story 7:53 p.m.
- Hall mouths off about hate of Utah
- BYU is champion of the state
- Cougars beat Utes in overtime
- Credit Coug defense for win
- Field goals, penalties doomed Utes
- Cougar defense rose to occasion
- Marriage definitions vary widely
- Banged up Jazz get best of Blazers
- Jones' joy for life remembered
- Fantasy is reality for BYU professor
- Hall mouths off about hate of Utah
831 - Cougars beat Utes in overtime
469 - Thunder rolls by Jazz
136 - BYU is champion of the state
135 - Man trapped in Nutty Putty cave dies
117 - Cave to be sealed with body inside
116 - Editorial: Poor welcome for Palin
113 - Rivalry Week is highly profane
90 - Hall's legacy measured today
79 - Y. focused on 10-win season
74
I wanted to tell them not to go. I dropped subtle hints. "My money is on...
When I was a kid, I worshipped my grandpa. He was undoubtedly my hero....
Well said.
Is this journalism? or simply a rant by a secret Ute fan? To be honest this...
This article is awesome and truly reflects what was going through Max Hall's...
Utahs only D1 classy team USU.
I am a BYU student who lives at Raintree. I always lock the door when I...
By the way, where did you get your Psychology degree?
you're still USU. You have another tough schedule next year and will be lucky...
Well spoken madam
good article
As a long time BYU fan, Hall should apologize. He did no favors to BYU saying...




You can be the first to comment on this story.