May 27, 2004
Bobcats' ticket revenue to be bobbed?
The cash-strapped Charlotte City Council is considering a ticket-tax surcharge on the new Charlotte Bobcats franchise, due to start play this fall, to help close a budget gap. "The arena got us into this pickle, it should help get us out of it," said city council member Susan Burgess of the Bobcats' $265 million arena, which is costing the city $170 million in hotel and rental-car tax money. Any new ticket tax would need the approval of the state legislature.
Posted by Neil deMause
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