Bucs want a bigger new scoreboard, Tampa claims public won’t pay

The Tampa Bay Buccaneers are planning to build an even more expensive scoreboard than the one included in a previously approved $18.7 million upgrade package, but according to the Tampa Tribune, Bucs owner Malcolm Glazer and his family say they’ll pay for the additional costs out of their own pockets:

“Rather than just do the improvements that were initially budgeted, they wanted to do something more grandiose on their dime,” said Hillsborough County Commissioner Ken Hagan, a member of the sports authority board.

Of course, Hagan is the guy who previously said that hosting a single college football championship game would create nearly 2,000 new permanent jobs (after “skimming” some studies on the subject), so we might want to double-check his claims. Unfortunately, the Glazers aren’t talking, so it’s too soon to say whether the “on their dime” claim is true, especially given the complicated funding scheme for Raymond James Stadium maintenance and improvements. Stay tuned.


11 comments on “Bucs want a bigger new scoreboard, Tampa claims public won’t pay

  1. Neil,

    When you say Glazer isn’t talking, you mean to say the Glazers (sons Bryan, Joel, and Edward) are not talking. Malcolm Glazer (the father) has been actively involved since early 2006 when he suffered 2 strokes.

    Regarding your comment “… especially given the complicated funding scheme for Raymond James Stadium maintenance and improvements.”

    Up until now it has been incredibly simple – the taxpayer pays for everything. And the Glazers get all the revenues for their games, and 100% of the first $2 million of non-Buc ‘profits\'(revenues-expenses) and 50% of all non-Buc ‘profits’ beyond that. When you net out these profits + RayJay naming rights less the $3.5 million annual rent, the Glazers walkaway with an additional $1.7 million or so per year.

  2. The scoreboards at Raymond James Stadium have been there since its opening, which really isn’t news. What is interesting is that Daktronics was sued by the Tampa Bay Buccaneers less than 2 years after installation saying the boards did not meet the contractual requirements. So, that everyone wants to wait an extra few years to replace these “substandard” videoboards, which are already 16 years old, is amusing.

    Below is what was included in the July 1999 SEC form for Daktronics investors. I’m sure Daktronics will bid again for the newer (much bigger) videoboards – of course I’m just guessing on that part. Mitsubishi seems to be winning the contracts for the bigger boards these days.

    ——————————————–

    NOTE C. LITIGATION
    On February 17, 1999, Daktronics was sued in the circuit court of Hillsborough County, Florida by the Buccaneers Football Stadium Limited Partnership, an affiliated company of the Tampa Bay Buccaneers football team. The lawsuit alleges that the video displays installed at Raymond James Stadium in Tampa, Florida do not meet the contract requirements. The lawsuit seeks either to rescind the contract under which Daktronics furnished the scoring and display equipment for the Stadium and obtain the return of all funds paid or to obtain damages for breach of contract. The Tampa Sports Authority owns Raymond James Stadium and is not a plaintiff in the action.

    The contract, valued at approximately $7.9 million, included two large end zone scoreboards with video displays, sideline auxiliary scoreboards, advertising panels and installation. Daktronics has received approximately $3.1 million in payments under the contract and has unpaid invoices outstanding in the amount of approximately $2.9 million. In addition, the plaintiff is in default on a payment in the amount of $257,000 under a promissory note to Daktronics as part of the contract. Daktronics believes these payments have been unreasonably withheld and has filed a counterclaim for these payments, related interest and acceleration of remaining payments under the promissory note.

    The Company has recorded a provision for estimated costs to be incurred in connection with the litigation described above as well as other miscellaneous claims and litigation arising in the ordinary course of business.

  3. This story was actually written by me, Mike Salinero, and published in the Tampa Tribune. This guy deMause did no original reporting for this posting, but lifted material from my newspaper and the Tampa Bay Times and gave no credit to either of publication. As a professional journalist, I would never do this.

  4. My apologies, Mike — I did include a link to your original article, but not explicit attribution, which I usually try to provide. Will do so now…

  5. And edited to clarify the Glazer clan situation as well.

    Sorry, folks, my attention to detail is still partly on winter vacation…

  6. @ Mike Salinero,
    Those of us that frequent this site realize that Neil doesn’t always contribute to any one article. He aggregates. I sent him this link after reading it in the Saint Petersburg Tribune. I then went online to tbo.com, found the link and sent it along. Just my little way of trying to contribute. Thanks for unwadding your panties.

  7. @ Mike Salinero,
    Those of us that frequent this site realize that Neil doesn’t always contribute to any one article. He aggregates. I sent him this link after reading it in the Saint Petersburg Tribune. I then went online to tbo.com, found the link and sent it along. Just my little way of trying to contribute.

  8. A team would not only need a scoreboard if they were actually scoring.
    In the Bucs case, it is not too often. After all, they started off 0-9!

  9. I’m gonna have to threaten the taxpayin’ rubes of Minnesota for some more lucre to build me a bigger scoreboard, just as soon as my shiny new football palace opens and starts up the cash orgy for me and my brother.

    I had a dream last night that they forked over for it, and as I sat in my luxury box and looked up at the beautiful sight that it was, it read:
    Wilf 1,000,000,000
    Taxpayers 0

    Mark and I raised a glass of champagne and laughed a hearty laugh. Then my team lost 37-6.

    Damn. I’m good at this extortion stuff, but I still can’t build a winner.

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