David Tepper Panthers

Stadiums in the News

  • This article was first published in the FOS Daily Newsletter. Subscribe here.
  • A site previously suggested for a new Carolina Panthers stadium has opened up.

A new NFL stadium could be on the way in North Carolina. Charlotte Pipe & Foundry is relocating, making available a 55-acre lot near Bank of America Stadium that Carolina Panthers owner David Tepper has previously recommended as a new stadium site. While it opened in 1996, the Panthers’ current home is one of the oldest in the NFL. It is currently receiving a $110 million, city-funded upgrade in order to host MLS games, but Tepper has said he would […]

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Venues Face Hurdles To Get Fans Into Seats When Sports Return

  • From temperature checks to added hand sanitizers, sports venues are weighing their options to ensure fan safety upon the return of live events.
  • As of right now, the Bundesliga and PGA Tour are the only two major sports properties that have announced plans to return to play.

Sports will come back – on television first. But when stadiums are given approval to have fans back in the stands, operators will face obstacles to make sure that everyone is safe.  One of the nation’s leading experts in the coronavirus response, Dr. Anthony Fauci, commented on the return of sports with Snapchat’s Peter Hamby, suggesting Major League Baseball could be back by July 4 with no fans in the stands.  “There’s a way of doing that,” Fauci said. “Nobody […]

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University of Maryland Basketball Performance Center rendering

Maryland, Pitt Add Their Names to Continuing College Athletics Facilities Arms Race

  • Maryland's athletics department has made a $25 million contribution to start the school's 'Building Champions' project.
  • Pitt cites an immediate need as its reason to debt finance their 'Victory Heights' endeavor.

The college athletics facilities arms race is as alive as ever with two new universities, Maryland and Pittsburgh, joining the competition just weeks into 2020. The pair of new participants both announced massive athletics facilities projects that will impact the majority of their teams, but each will take a unique approach to financing and building the facilities that will help them compete for bragging rights and bolstered success. Recent college facilities renovations have ranged from Minnesota’s $190 million plan announced […]

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Globe Life Park

Globe Life Park Begins Second Life As Rangers Move Out

  • A $10 million renovation to the former Ballpark in Arlington creates opportunity for tenants in the XFL and USL League One.
  • Texas Rangers still hold the lease on the stadium, drawing inspiration from the Cowboys’ AT&T Stadium to host multiple events.

While just barely 25 years old, Globe Life Park is finding a second life in retirement. The former home of the Texas Rangers will begin its newest role as the home of the XFL’s Dallas Renegades on Sunday with the kickoff of the new league. Globe Life Park will also be home to USL League One team North Texas SC, which will play its first game in the stadium on April 4. The Rangers left the stadium at the end […]

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SEC Schools Begin to Answer Million-Dollar Question About Alcohol Sales

  • Texas A&M's gross total alcohol revenue for 2019 was approximately $2.4 million after expanding sales to the general public.
  • Other schools, like Alabama - who already made a profit of $48.2 million in 2018 - have still abstained from adding alcohol into their game day experience.

When the SEC announced its decision to lift the stadium-wide ban on alcohol sales at collegiate events late last spring, individual institutions were faced with a literal million-dollar question: Should we sell alcohol at our stadiums and sporting events? After a full football season following the conference’s ruling – where alcohol sales were implemented safely, and highly profitably, at a number of SEC schools – the revenue boost and enhanced fan experience appear to have calmed fears about the potential […]

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Impact of Leases on Stadiums and Arenas

(Citrin Cooperman is a proud partner of Front Office Sports) Over the last decade or so, the sports industry has seen professional organizations elect to renovate or construct new sporting facilities costing hundreds of millions, even billions of dollars. This is done in an effort to provide a better draw for more talented players and provide fans with an improved game day experience. More often than not, these stadiums/arenas along with the land they are attached to, are not owned […]

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Columbus Crew Putting Fans First In New Stadium

A groundswell of local fan fervor helped to save the Columbus Crew and keep the club in the city. Now, with a new stadium on the horizon, the Crew are focused on creating a fan experience in its new home that is worthy of that support. To aid in that process, the Crew have signed a partnership with IBM Services to help create a roadmap for the club to follow as it looks to create a unique and engaging environment […]

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Hawks’ Renovated Arena to Feature First Courtside Bar

The renovations also include Topgolf Swing Suites, a barber shop and a Zac Brown Social Club. Courtside bar. Imagine via the Hawks The Hawks are partaking in the biggest arena renovation since the Knicks upgraded MSG for the tune of over a billion dollars. The cost for the Hawks? Scheduled to be at just under $200 million dollars.  As teams look to provide more value for fans, the Hawks have taken the game to the next level. The 16-month renovation will include the […]

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