Soccer Business Bits: New York Stadium, Miami Stadium & More

cityNYCFC was in the news on Wednesday for multiple reasons, including the introduction of Jason Kreis as the new coach of the expansion franchise.  However, the big news was the announcement that the team is moving towards a stadium deal in the Bronx.  The reported $400 million structure will reportedly seat 28,000 fans and will occupy a vacant lot near the  Major Degan Expressway near Yankee Stadium.  Per the Gothamist.com, “the stadium would still be constructed using private funds (as has been the plan since the beginning), new details about public sweeteners have emerged. The team would be given a 99-year lease, where fair market rent would only start to be paid 38 years into the lease. City-backed tax exempt bonds would help to finance the project, and other tax breaks could be given.”  The team is looking for approval from incoming Mayor DiBlasio and would be set to open in 2018 or 2019.

In other expansion news, there were multiple reports on Wednesday that David Beckham’s effort to locate a team in downtown Miami are taking a step forward.  Per the Miami Herald,” [a] Miami-Dade County Commission vote scheduled for Tuesday would authorize Mayor Carlos Gimenez’s administration to identify possible stadium sites and negotiate construction contracts with any interested private developers. That would begin talks in earnest between the county and Beckham and his investors, who have approached Gimenez about building a 25,000-seat stadium on public land on PortMiami’s Dodge Island.”

Finally, overnight ratings for MLS Cup Final are in and the English language numbers were disappointing, with the game generating a .5 overnight.  Perhaps more interestingly, the Spanish language broadcast attracted more viewers than the English language telecast on ESPN.  The .5 represents a downward move from the last few years and is a very difficult number for the league to carry into the next round of negotiations.

 

 

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