~terry
Thu, Oct 7, 1999 (08:59)
seed
Houston beat out LA for a pro football team. It was a billion dollar
deal.
~terry
Thu, Oct 7, 1999 (08:59)
#1
ATLANTA -- Houston rejoined the NFL Wednesday, paying a record $700
million for an expansion franchise and beating out Los Angeles, the
nation's second-largest TV market.
The vote, announced by Commissioner Paul Tagliabue, was 29-0 with Arizona
and St. Louis abstaining. Twenty-four votes were needed for approval.
The decision represents a blow to Los Angeles, which could not agree on
several proposals for a stadium site. The city lost the Raiders to Oakland
and the Rams to St. Louis after the 1994 season.
The vote awarding Houston businessman Bob McNair the team followed months
of indecision in which the NFL at one point conditionally awarded a
franchise to Los Angeles. A deadline for Los Angeles to come up with a
suitable stadium proposal came and went, eventually putting Houston back
into the picture.
"I think after a while we all got tired of it, thought it was time to make
a decision," McNair said.
The $700 million fee is the highest for a sports team in the United
States. With a $310 million stadium included, the Houston deal would be
worth more than $1 billion -- a first for the NFL.
"It's a great day for Houston, we hope a great day for football," McNair
said. "Our facility will be second to none."
The vote returns an NFL team to Houston, which lost the Oilers to
Tennessee after the 1996 season.
Owners also voted to adjust the league alignment to eight divisions of
four teams each. Right now, there are six divisions -- one with six teams
and the rest with five.
Houston will be placed in the AFC, where the old Oilers played. That would
mean one AFC team would have to switch to the NFC. Arizona and St. Louis
abstained because of questions over the proposed alignment.
McNair said a retractable-roof stadium will be completed in time for
Houston to play its first season in 2002. Public funds of $195 million
will go into the project.
As part of the deal, Houston will be the site of a Super Bowl "as soon as
practical after completion of the stadium," Tagliabue said.
"We've made an outstanding business proposal, and these are good business
people who know a good proposal," McNair said. "From what I know about the
other proposals, I don't think they compare to ours. I think the main
issue is that Houston's ready to go."
The league's expansion committee met with McNair on Tuesday evening and
also heard Michael Ovitz make another pitch for giving Los Angeles the
32nd team.
McNair's $700 million franchise bid is some $50 million higher than the
new franchise was expected to be worth. Ovitz, who most recently proposed
building a stadium at Hollywood Park in Inglewood, Calif., and another
group seeking a team for the Los Angeles Coliseum apparently did not make
an offer anywhere close to the one Houston put on the table.
Ovitz and his backers hold an option on a parcel of land at Hollywood
Park. But he obtained the option just last week, so any plan for that site
would have to be in the very early stages.
Ed Roski, one of the Coliseum backers, also was in Atlanta. He would not
disclose the amount of the offer made by his group, which includes
billionaire Eli Broad. Roski did say that he believed any plan to build a
stadium at Hollywood Park faced a number of challenges, including lacking
easy access to freeways, that the Coliseum proposal did not face.
Los Angeles City Councilman Mark Ridley-Thomas said in Los Angeles that
the Coliseum group never received a clear idea of what the NFL wanted in
LA.
The league owners voted 29-2 last March to give Los Angeles a team
conditional on the NFL's receiving a suitable stadium and financing
proposal by Sept. 15.
The league shortly afterward narrowed the choice down to the Coliseum,
eliminating a bid by Ovitz, who proposed building a stadium in suburban
Carson. But negotiations with the Coliseum stalled last summer after the
NFL requested--and did not receive -- the promise of $150 million in
public funds to go toward the Coliseum project.
~MarciaH
Thu, Oct 7, 1999 (12:13)
#2
Texas needs another NFL team to replace the Tennessee bunch. Delighted to know that the Cowboys will have intrastate rivals again (or is absolutely EVERYBODY in Texas automatically a Cowboy fan?)
~terry
Thu, Oct 7, 1999 (12:16)
#3
Not automatic, at least in Austin and Houston.
LA just didn't care.
~MarciaH
Thu, Oct 7, 1999 (12:25)
#4
LA is a very self-absorbed place...they do not deserve a team because they would not support it. As you say, they just don't care.
You cannot know how happy it makes me to hear that all Texans are not Cowboy fans. For years I have rooted for ABC (Anybody But Cowboys) due to their attitude and arrogance...then they fired Tom Lnadry and I really did not like them. Oh well...! The Texans I have grown to know and love are worthy - I was just afraid to ask as I did not want to know that they were fans of a team for which I have nothing but contempt. (... perhaps that is too strong a word...)