Portland City Council Set to OK New PGE Park Operator Deal
The process of transferring PGE Park's operating rights to the Portland Baseball Investment Group (PBIG) which started back in March of this year is about to near completion.
Roberto has the details over at his timbersblog which include news that the terms of the 5-year deal project the City will receive about $1.16 million per year of the deal through a 6% user fee on tickets sold; annual rent ($700,000 in 2006 growing to $850,000 in 2010) and an additional fee that will allow the City to recoup past-due payments from the previous operators.
The deal also projected that the City would make a $150,000 loss per year of the deal after taking into account it's own costs.
The news of the deal implies that the sticking points with TIAA-CREF have been sorted out allowing the PBIG (investors include majority owner Abe Alizadeh and Jack Cain) to start running both the Timbers and the Beavers.
posted by the timberlog at 8:57 AMRoberto has the details over at his timbersblog which include news that the terms of the 5-year deal project the City will receive about $1.16 million per year of the deal through a 6% user fee on tickets sold; annual rent ($700,000 in 2006 growing to $850,000 in 2010) and an additional fee that will allow the City to recoup past-due payments from the previous operators.
The deal also projected that the City would make a $150,000 loss per year of the deal after taking into account it's own costs.
The news of the deal implies that the sticking points with TIAA-CREF have been sorted out allowing the PBIG (investors include majority owner Abe Alizadeh and Jack Cain) to start running both the Timbers and the Beavers.
Monday, November 28, 2005
Back from Thanksgiving...
posted by the timberlog at 10:41 AMFriday, November 18, 2005
Supposedly the list of applicants for the Timbers coach/GM job numbers about 40 so if anyone would like to drop the timberlog some names (anon if you wish) please do. [at the usual: timberlogATgmailDOTcom]
Of course the candidates themselves are also encouraged. The public announcement by Bernie Fagan was refreshing and you never know you might very well win some fan support along the way.
posted by the timberlog at 2:17 PMOf course the candidates themselves are also encouraged. The public announcement by Bernie Fagan was refreshing and you never know you might very well win some fan support along the way.
Don't quite know how this slipped under the timberlog radar, but I was just thinking "I wonder what Michael Nyman* is up to these days" a while back. It turns out he's been commissioned to compose the (for want of a better term) running-out-on-the-pitch music for London club QPR.
According to Michael:
"...I shall not be making reference to Tina Turner's Simply the Best, long the choice to accompany the teams at grounds across the country."
It seems that another QPR fan Pete Doherty (someone who, unfortunately, you could never say "I wonder what he's up to these days!) is upset at being passed over.
The Timbers new owners (what...you mean to tell me we haven't got new owners yet???) need to instigate something similar pronto.
* mainly known as the composer for Peter Greenaway's earlier films, fact-fans.
posted by the timberlog at 1:40 PMAccording to Michael:
"...I shall not be making reference to Tina Turner's Simply the Best, long the choice to accompany the teams at grounds across the country."
It seems that another QPR fan Pete Doherty (someone who, unfortunately, you could never say "I wonder what he's up to these days!) is upset at being passed over.
The Timbers new owners (what...you mean to tell me we haven't got new owners yet???) need to instigate something similar pronto.
* mainly known as the composer for Peter Greenaway's earlier films, fact-fans.
Wednesday, November 16, 2005
T and T make it
Trinidad and Tobago reached the World Cup Finals for the first time (and set up the possibility of a former Timber taking part in the finals) today with a 1-0 win over Bahrain.
posted by the timberlog at 11:50 AMCat's out of the bag...
...now that Paste magazine has run this news item today.
Those in the know have been attending these touring musician soccer games for the past few years.
Who can forget Sheryl Crow's diving header to beat Lyle Lovett's lap-steel player back in 2002.
Or that controversial last minute winner in the 2003 slog-fest when members of Belle and Sebastian had to be pulled away from an unseemly ruck involving members of both Clay Aiken's band and Hootie and the Blowfish.
or the 5-0 drubbing of Phish by the Brian Setzer Orchestra's horn section which led to the band splitting up weeks later.
Ahhh...memories.
posted by the timberlog at 11:23 AMThose in the know have been attending these touring musician soccer games for the past few years.
Who can forget Sheryl Crow's diving header to beat Lyle Lovett's lap-steel player back in 2002.
Or that controversial last minute winner in the 2003 slog-fest when members of Belle and Sebastian had to be pulled away from an unseemly ruck involving members of both Clay Aiken's band and Hootie and the Blowfish.
or the 5-0 drubbing of Phish by the Brian Setzer Orchestra's horn section which led to the band splitting up weeks later.
Ahhh...memories.
Monday, November 14, 2005
Not much news...
...unless you count this:
http://www.dailynebraskan.com/vnews/display.v/ART/2005/11/14/43780e0daff00
[The Pilots face Arizona in the 3rd round at Merlo Field on Friday at 7pm. Tickets on sale today at 1pm]
or this:
http://www.concacaf.com/view_article.asp?id=3245
T&T now need to overcome Bahrain's away goal in Wednesday's game in Manama, Bahrain.
Former Timber Brent Sancho didn't play, but is in the squad for both games.
Brent seems to be in conflict with his current club Gillingham over his travel to take part in the World Cup qualifying dispite having been out with an injury for the past 5 weeks.
Yesterday's 1st leg can be seen on Wednesday at Costello's Travel Caffe (2222 NE Broadway) on Wednesday at 5pm
or this ...
wherein the Portland Timbers use online job search site Monster.com to search for a new coach...absolutely mind-boggling and worrying in equal measure!
posted by the timberlog at 10:18 AMhttp://www.dailynebraskan.com/vnews/display.v/ART/2005/11/14/43780e0daff00
[The Pilots face Arizona in the 3rd round at Merlo Field on Friday at 7pm. Tickets on sale today at 1pm]
or this:
http://www.concacaf.com/view_article.asp?id=3245
T&T now need to overcome Bahrain's away goal in Wednesday's game in Manama, Bahrain.
Former Timber Brent Sancho didn't play, but is in the squad for both games.
Brent seems to be in conflict with his current club Gillingham over his travel to take part in the World Cup qualifying dispite having been out with an injury for the past 5 weeks.
Yesterday's 1st leg can be seen on Wednesday at Costello's Travel Caffe (2222 NE Broadway) on Wednesday at 5pm
or this ...
wherein the Portland Timbers use online job search site Monster.com to search for a new coach...absolutely mind-boggling and worrying in equal measure!
Friday, November 04, 2005
More on Bernie Fagan
Bernie Fagan in today's Trib:
"I've thought a lot about this, I know exactly the kind of player I want and how I would get that player. I've got a vision for the job."
Nice to see at least part of the search for a new coach/GM play out in public and nice to see someone who obviously has high enthusiasm for the job.
posted by the timberlog at 9:15 AM"I've thought a lot about this, I know exactly the kind of player I want and how I would get that player. I've got a vision for the job."
Nice to see at least part of the search for a new coach/GM play out in public and nice to see someone who obviously has high enthusiasm for the job.
Tuesday, November 01, 2005
More indoor news
According to today's Trib the newly former Developmental Indoor Soccer League (DISL) are looking to Portland to join the league.
Tacoma, Seattle, Bellingham, Snohomish and Mount Vernon in Washington already are set for a 10-game regular season to start in mid-January. The Portland team would play at Indoor Goals, an indoor facility in Beaverton.
[No more news on Portland's MISL (future) bid mentioned a few weeks back]
posted by the timberlog at 12:02 PMTacoma, Seattle, Bellingham, Snohomish and Mount Vernon in Washington already are set for a 10-game regular season to start in mid-January. The Portland team would play at Indoor Goals, an indoor facility in Beaverton.
[No more news on Portland's MISL (future) bid mentioned a few weeks back]