Saints, state in ongoing negotiations; News blackout prevails
Today's Times-Picayune reports that the Saints and the state of Louisiana are involved in ongoing negotiations toward a goal of keeping the franchise in New Orleans beyond 2010, when the current lease agreement expires.
An apparent deadline exists for the new deal of March 31, which is the final date when the Saints can opt out of the lease agreement by payment of a penalty of over $61 million.
As part of the negotiations, both parties have agreed to a news blackout, meaning no new information will surface until, state officials say, all terms of a new agreement are finalized.
Obviously, it would be a major development if a new deal was ironed out (and would also end the reason for this site's existence). While there are efforts to prevent new news from being disseminated, keep checking back here for any updates.
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Got a comment? Email me at saintsdoggle@yahoo.com.
An apparent deadline exists for the new deal of March 31, which is the final date when the Saints can opt out of the lease agreement by payment of a penalty of over $61 million.
As part of the negotiations, both parties have agreed to a news blackout, meaning no new information will surface until, state officials say, all terms of a new agreement are finalized.
Obviously, it would be a major development if a new deal was ironed out (and would also end the reason for this site's existence). While there are efforts to prevent new news from being disseminated, keep checking back here for any updates.
------
Got a comment? Email me at saintsdoggle@yahoo.com.
posted by cg | 6:39 PM
3 Comments:
Nothing personal at all, but I hope that the "end the reason for this site's existence" occurs.
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