Expos Majority Owner Jeffrey Loria and Exec VP David
Samson formally unveiled plans for the team's proposed
C$200M, open-air downtown ballpark, according to Jeff Blair
of the Toronto GLOBE & MAIL. Loria said that the 36,287-
seat ballpark will take 22-23 months to build and would be
ready by opening day in 2002 if ground is broken in March or
April. The Olympic Installations Board, which runs Olympic
Stadium, will own the new facility while the team will
"operate [it] and not pay any municipal property tax."
Samson, on the ballpark: "We will not have a white elephant.
We're not going to start until we know that we can finish
and until we know that we can be successful." But several
details still must be finalized, as Loria "expects" the city
to approve zoning changes by the end of the month and
negotiations "are going on" with the Canada Land Co. for a
lease of "no less than" 40 years for land near the Molson
Centre. The Expos "want to get a minimum of" C$50M toward
construction from advance ticket sales or PSLs in addition
to the C$25-30M they have already raised from a "failed" PSL
program set up by former Managing General Partner Claude
Brochu. The team's new ownership group "would eventually
put in" C$50M toward construction, but the "final makeup if
the consortium is not known." Although Labatt has already
agreed to pay C$40M for naming rights to the ballpark as
part of its 20-year, C$100M marketing commitment to the
team, the new owners "don't think that agreement represents
market value and they are renegotiating the rights." At the
unveiling yesterday, both Loria and Samson "went out of
their way" to refer to the ballpark as "Expos Downtown
Stadium" instead of "Labatt Park" (GLOBE & MAIL, 2/9).
THE SKYLINE'S THE LIMIT: In Montreal, Stephanie Myles
writes that the ballpark will have few walls and the view of
downtown Montreal will be "extensive." Expos VP/Stadium
Operations Claude Delorme: "Design-and-build, specifying
exactly the requirements we want in this new facility, leads
to a locked-in price. And this is very different from the
method used in the [U.S.]" (Montreal GAZETTE, 2/9).