stillers4me
03-25-2011, 05:28 AM
Every time someone buys a ticket to a Steelers home game, a sliver of the proceeds goes toward paying off debt on Heinz Field.
If the National Football League lockout that began March 12 sacks the 2010-11 football season, the Sports & Exhibition Authority would tap into a reserve of ticket surcharges for the first time since the North Shore stadium opened in August 2001 to replace Three Rivers Stadium.
"We have enough in reserve to cover about one year of debt service," said Mary Conturo, executive director of the SEA, which owns the 65,050-seat stadium. That amounts to approximately $1.5 million in reserve, the equivalent of 500,000 tickets sold..............
read more @ http://www.pittsburghlive.com/x/pittsburghtrib/sports/steelers/s_729051.html
If the National Football League lockout that began March 12 sacks the 2010-11 football season, the Sports & Exhibition Authority would tap into a reserve of ticket surcharges for the first time since the North Shore stadium opened in August 2001 to replace Three Rivers Stadium.
"We have enough in reserve to cover about one year of debt service," said Mary Conturo, executive director of the SEA, which owns the 65,050-seat stadium. That amounts to approximately $1.5 million in reserve, the equivalent of 500,000 tickets sold..............
read more @ http://www.pittsburghlive.com/x/pittsburghtrib/sports/steelers/s_729051.html