 |
|
|
|
|
|
FGI Announces Interim Name for Washington's New Football/Soccer Stadium
New Facility to be Called "Seahawks Stadium
SEATTLE,
May 3, 2002 – First & Goal Inc. (FGI) today announced
"Seahawks Stadium" as the interim name for the new Washington
State Football/Soccer Stadium until permanent corporate naming
rights are sold.
"We
are absolutely committed to finding a suitable naming rights
partner, but as of yet have not found a satisfactory deal.
We will launch the stadium this summer with an interim name
that can be changed when the naming rights are ultimately
sold," said Bob Collier, vice president, First & Goal
Inc. "The stadium opening will be very exciting for the citizens
of Washington state. Most already refer to the stadium as
'Seahawks Stadium,' and have since the beginning. So this
is the obvious choice."
FGI
will continue to actively market naming rights. When sold,
corporate naming rights proceeds will be dedicated to major
maintenance and modernization of the facility. Until a naming
rights partner is found, FGI will cover these costs.
"Our
goal from the outset has been to find the best possible naming
rights partner who shares our vision for this world-class
facility, is financially solvent and can stand the test of
time. We're still in discussions with several companies that
fit this profile, but didn't want construction deadlines to
force us into a hasty decision," Collier said. "We'll take
as much time as we need to find a partner who best serves
the public interest. Until then, it makes sense to use the
'Seahawks' name."
The
public contribution toward stadium construction and operation
is capped at $300 million. Referendum 48, also known as the
Stadium Act, allows FGI to name the stadium, with any naming
rights deal subject to review by the Public Stadium Authority
(PSA) Board and a legislative Advisory Committee.
The
Seattle Seahawks football team is the primary tenant of the
new stadium. The team will play its first pre-season game
on August 10.
About First & Goal Inc.
First & Goal Inc. was founded in 1997 by Paul G. Allen
to manage the development, construction and operation of the
Washington State Football/Soccer Stadium and Exhibition Center,
now known as Seahawks Stadium. Scheduled for completion in
July 2002, the new Seahawks Stadium will be a world-class
sporting facility and the home of the Seattle Seahawks. For more information on the project, visit
the First & Goal Inc. Web site at www.firstandgoal.com
or the Public Stadium Authority Web site at www.stadium.org.
|
|
|
