DePaul passes on chance to play at the United Center
Posted: Tue Mar 19, 2013 12:08 pm
http://www.chicagotribune.com/business/ ... 8406.story
Interesting decision...
One one hand, the UC was offering free rent and a boatload of perks to DePaul for the next 10 years. However, they'd have been 3rd (4th???) in line when it came to scheduling. However, they seem to be pursuing the option of building an arena/convention hall in the South Loop. It'll cost the school upwards of $75 million (...with the City kicking in $100 million, I believe) but they'll get to keep the proceeds from the sale of naming rights, and they'll get the first choice for dates.
Not sure if there's really a good or bad choice.
DePaul University has ruled out the United Center as a possible home for its Blue Demons men's basketball team, turning its attention to a site near McCormick Place, according to a source close to the United Center negotiations.
"DePaul had communications with the United Center recently that it intended to pursue a public building at McCormick Place," the source said.
Interesting decision...
One one hand, the UC was offering free rent and a boatload of perks to DePaul for the next 10 years. However, they'd have been 3rd (4th???) in line when it came to scheduling. However, they seem to be pursuing the option of building an arena/convention hall in the South Loop. It'll cost the school upwards of $75 million (...with the City kicking in $100 million, I believe) but they'll get to keep the proceeds from the sale of naming rights, and they'll get the first choice for dates.
Not sure if there's really a good or bad choice.