Monday, December 10, 2007

The Coliseum Commission

It is funny how demanding the Coliseum Commision appeared recently over the possible moving of USC football games to the Rose Bowl in Pasadena, CA. As a recent post in The Stuge "Home is Where the Heart Is" exemplifies, the Coliseums risks becoming a historic relic should USC choose to change stadiums. The background story is this: "USC who is the only regular user of the Coliseum right now an is in large part the only entity holding the stadium up wants to sign a new lease, since the present expires after the USC versus UCLA football game this weekend. USC is willing to pay for the much needed renovations totaling somewhere around $100 million if the Coliseum is willing to give USC some of the revenue that will come to the Coliseum because of these upgrades. The Coliseum Commission however does not want to give USC control of part of the revenue that will come in. The Coliseum Commission does not have very many other options at this point with the risk of USC leaving. The Commission has already succeeded in driving out UCLA football, both the Rams and Raiders, as well as the Lakers, Clippers, and USC basketball from the Sports Arena which the Commission is also in charge of managing."

It is incredibly ironic that the Coliseum Commission derives well over half its profit and probably close to all of it from USC football. Hopefully, the nine figures behind this junta figure this out sooner rather than later.

1 comment:

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