3 hours ago
Sunday, December 10, 2006
Arena for sale?
WILKES-BARRE TWP. – Someone may be interested in buying the Wachovia Arena.
Does this open up a can of worms. The most successful public initiative in my lifetime is now such a big hit that a private company wants to buy it. I'm all for it as long as the details can be worked out.
Lackawanna County recently sold off the ski operation on Montage mountain and now it will be known as Sno Mountain. Now if the state will sell off the liquor stores instead of the turnpike. Sell the Barons!
A company called Big Win Ventures that owns the Pioneers AFL2 franchise has sent out a trial balloon. Any price must include paying off the bond issue and paying back the people of Pennsylvania the $17 million grant that helped to build the place.
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Yay. More short-term thinking! I know, let's sell ALL of the county assets so the books look marginally better this year, and we'll let next year worry about itself!
Ahhh, now that we've got a gen-u-ine Injun Casino, all our financial worries are over.
I hope Mohegan buys the Arena.
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