Friday, June 30, 2000

County puts stamp on new Bengals deal




        Hamilton County Commissioners made official Thursday a lease revision that eliminates the possibility that taxpayers would be stuck buying Bengals tickets during the first two years Paul Brown Stadium is open.

        The lease, signed in 1996, called for taxpayers to purchase all tickets necessary to ensure 50,000 were sold for each game during this year and next.

        But the lease amendment erases that clause from the document and, in return, turns over profits from seat licenses during July to the Bengals. As part of the lease, those profits would begin going to the Bengals starting Aug. 1 anyway.

        Over the past two months, the seat licenses, which cost $300 to $600 for the right to buy season tickets, brought in $70,000 for the county.

        However, the Bengals paid more than $78,000 in advertising during that period, and the county has agreed to give the Bengals $37,500 toward that bill.

        “This was our goal all along, so turning it over five weeks early sounds good to me,” Commissioner John Dowlin said.

       



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