Super Sonic Lease Case Study

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Constraints: • The stadium has to be constructed in 12.5 acres. • The stadium will cost $2308.93 million. • This project would be completed in 3 years, which is from 2006 to 2009. • The current parking space gets filled when the game attendance reaches approximately 15000. The parking has to be twice the area of existing one.

New football stadium coming to Las Vegas Excitement has engulfed Nevada following the news that a new stadium could soon grace the world famous Las Vegas Strip. On August 26, The Las Vegas Review Journal reported that a 62 acre piece of land belonging to a consortium of banks from New York and Dallas was favored as the venue to host the $1.9 billion, 62,000 sitter Raiders football arena. The banking consortium operating under the Nevada Land Group LLC includes Credit Suisse Management, Barclays Bank, NexBank, and Highland Capital Management. The much sought swathes of land lie west of Mandalay bay and Interstate 15. The cost of land, and undisclosed site infrastructure is expected to cost between $350 million to $400 million. The deal, whose details are yet to be fully revealed, is a partnership between Raiders Football Team, Las Vegas Sands Corporation and the state of Nevada.

The Penn Activity Center, better known as the PAC, one of the most different building on the entire campus of William Penn University. The PAC is where student and mostly all student-athletes will spend most of their time while on campus if not in their dorm room, in Penn Hall,

The new home of the NBA Sacramento Kings has attracted a plethora of attention in its construction. But what makes this structure so special to catch people's eyes all over the world? The structure has yet to be completed, but a lot is expected of this $507 million project, by which the Kings provided $284 million and the city of Sacramento, with $223 million by selling bonds and funds for economic development. The city managed to acquire the funds even through all the controversy of the city misusing its funds and some claiming that the amount provided was not what they were informed. It seems that the Kings won’t be the only ones balling in Sacramento. Hopefully for the city, the opposants will reduce or switch over to welcome the estimated 1.6 million attracted visitors to Downtown Sacramento, where the project will be placed. Luckily for all those visitors, the parking lot was also planned to expand from the 7,000 spots to 13,500.

 Key sources of information, facts and figures were taken from the following resources a) https://audit.wa.gov.au/wp-content/uploads/2013/05/report2010_01.pdf b) http://www.pertharena.com.au/ c) http://en.wikipedia.org/wiki/Perth_Arena d) http://www.dhw.wa.gov.au/pertharena/index.html e) http://www.venueswest.wa.gov.au/2/295/1/perth_arena.pm f) http://au.news.yahoo.com/thewest/wa/a/5793007/new-arena-doubt-on-cost-timing/ g) http://www.watoday.com.au/wa-news/late-over-cost-auditorgeneral-slams-perth-arena-20100310-pykq.html Introduction Perth Arena is a multi-purpose indoor venue being built for hosting entertainment and sports events. It is set to have a capacity of 5000 to 14000 people, depending on the type of event. The initial cost was estimated to be $160 million and was scheduled to be in operation by January 2009. Currently, the revised estimates changed the cost to $483 million and the project delivered by November 2011. The primary reason for cost miss-management and major project delays, was linked to the poor governance framework of the agencies involved.

When a professional sports team decides to move to a city, several factors are analyzed and required before their arrival. One of the more important decisions made is where will the team play? Accounting as one of the greatest expenses, constructing an arena or stadium is a fixed cost taken on by a local government and its community. Opened in the mid 1990’s, The Edward Jones Dome once served as a beacon of hope for the people of St. Louis for their newly acquired football team. Fans and taxpayers were promised that the acquisition of the team would generate

Lastly, the potential revenue of a sports stadium cannot be ignored. The sports stadium can host many events, aside from athletic events. Parties and graduations can be hosted there. Blood drives and awareness-raising events also. Teams looking to use the sports stadium to host their home games will pay good money to compete in a showy environment. Reputation and display holds weight in sports. Then you need to take into account all the fans. A small fee to enter and view the event can go towards the maintenance of the stadium and to the possible expansion of the stadium as

All Aboard Florida (AAF). AAF would be the nation’s first privately funded high speed rail initiative, centered on a corridor with limited stops. This multi-billion dollar undertaking, coordinated by Florida East Coast Railroad, links Miami to the south with OIA. The facilities contemplated at OIA’s South Terminal comprise one of

Additional improvements made to Chesapeake Energy Arena were completed in 2013 and were funded by a 15-month sales tax that that was approved by Oklahoma City voters (Moser, 2013).

First, based on the vision of the company which is to sell the business and achieving the targeted returns in the long term. Logically, long-term leases allow for long-term financial planning and that depending on the terms of the lease which will also allow the company to calculate the rental expenses over the long-run. Since the interest expenses are increased every year, thus, the company should act towards being highly leveraged. The company forecasted growth rate would

Leasing of the office Debtor who assumes has to either cure or provide adequate assurances under 365(b). A Chapter 11 business debtor-lessee should fully expect to pay all ‘post-petition’ rent as it becomes due immediately once a Chapter 11 case is filed. Additionally, if the debtor wishes to keep operating

Lease Analyst The purpose of a lease analyst ranges from administering property leases to terminating them. Their work revolves around coordinating lease documents for all property types, while also verifying the integrity of the data on the lease documents. Lease analyst work in a very busy environment and individual in nature. They primarily work with landlord, tenants, and subtenants. Additionally, Lease analysts tend to work more with oil and gas companies (Lease Analyst Job Description, 2017).

Event Analysis For SPM 493 – Venue & Event Management, we had to visit over ten different venues ever Thursday evening, so now it’s my turn to analyze one of these venues or a venue that I’ve visited in the past. Since I am a sport management major that obliviously mean that I’m a vivid sports fan. Also, I am a local to the Tampa Bay area so I’ve have visited many of these venues several times. For this assignment, I decided to go with the Amway Center which is the home of The Orlando Magic who is an American professional basketball team based in Orlando Florida, that have been around since 1989. The president is Alex Martins, Team manager is Rob Hennigan, Head coach is Frank Vogel, Ownership is RDB sports, Inc., where Richard DeVos is

From the previous example, we learned the Type A leases aligned with capital leases, and Type B leases aligned with operating leases, with a few differences. Under Type A leases, a lessee would recognize interest expense and reduction in liability and separately amortize the right-of through depreciation. Under Type B