San Jose city council approves deal to keep Sharks in the city until 2051
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Monthly Digital Subscription
$1 per week for 24 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Billed as $4.00 plus GST every four weeks. After 24 weeks, price increases to the regular rate of $19.00 plus GST every four weeks. Offer available to new and qualified returning subscribers only. Cancel any time.
Monthly Digital Subscription
$4.75/week*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Billed as $19 plus GST every four weeks. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
*Your next subscription payment will increase by $1.00 and you will be charged $16.99 plus GST for four weeks. After four weeks, your payment will increase to $23.99 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
SAN JOSE, Calif (AP) — The San Jose City Council unanimously approved a deal Tuesday to renovate the Sharks’ arena and keep the team in the city until 2051.
Mayor Matt Mahan and all 10 council members approved the deal that commits the city to investing $325 million to upgrade the 32-year-old SAP Center owned by the city with team owner Hasso Plattner contributing an additional $100 million. Plattner has already invested more than $100 million on arena upgrades over the past decade.
The agreement would also penalize the Sharks if they left the city before the lease expires on June 30, 2051.
The Sharks and the city of San Jose will also begin planning for a new arena by September 2027.
The Sharks began as a franchise in 1991 and moved into their arena in downtown San Jose in 1993.
“The Sharks have been proud to play in San Jose for the last 30-plus years and look forward to another 25 more,” team president Jonathan Becher said.
“While we have consistently invested our own funds to maintain the city-owned SAP Center and intend to continue doing so, this partnership with the City of San Jose will bring much-needed renovations and improvements for arena guests, the teams, and performers.”
___
AP NHL: https://apnews.com/hub/NHL