NFL gives 49ers $200 million loan for new stadium
Football Betting Lines
02/02/2012 - Indianapolis, IN (Sportsbook Betting Lines) - NFL owners approved a $200 million loan on Thursday to help the San Francisco 49ers build a new stadium in Santa Clara.
In December, the Santa Clara Stadium Authority unanimously approved an $850 million construction loan for the stadium, which will cost approximately $1.02 billion. The rest of the cost will be covered by a hotel tax and Santa Clara's redevelopment funds.
With Thursday's loan from the NFL, the official groundbreaking could happen as early as the first quarter of this year.
"With the NFL's muscle now behind the new stadium, we are moving forward," said Jed York, CEO of the 49ers. "I expect an official groundbreaking ceremony very soon. Get your hard hats ready; we are embarking on the path to the next generation of 49ers football."
The 49ers' headquarters and training facility are currently located in Santa Clara. The team currently plays its home games at Candlestick Park, which was built in 1958. It's located on the western shore of the San Francisco Bay and has been home to the team since 1971.
The 1.85 million square foot facility will seat approximately 68,500 and feature an expected 165 luxury suites and 9,000 club seats.
The 49ers are the first franchise to receive support from the so-called "new stadium fund" that was crafted in the league's new collective bargaining agreement.
"Today's vote is an important milestone for the 49ers and their fans," said NFL Commissioner Roger Goodell. "It is a solid endorsement that adds to the strong support of the South Bay community. This step will allow the 49ers to move forward toward making the dream of a new stadium a reality."
The new stadium is expected to be built by 2015.
Swansea, Wales (Sportsbook Betting Lines) - Swansea City midfielder Ferrie Bodde picked up a new knee injury Wednesday and could face a longer spell on the sidelines. Bodde has not played for Swansea since February of 2010, and has made just 59 appe
<< Flames' Stempniak sidelined with high ankle sprain
Calgary, AB (Sportsbook Betting Lines) - Calgary Flames forward Lee Stempniak will miss
approximately six weeks of action due to a high ankle sprain.
Stempniak left Tuesday's game against the Red Wings due to the injury.
In 51 games this season, St
<< Nationals pick up Edwin Jackson
Washington, DC (Sportsbook Betting Lines) - The Washington Nationals have agreed to
terms with veteran starter Edwin Jackson on a one-year contract.
The deal is contingent upon Jackson passing a physical.
Jackson, 28, entered the majors in 2
<< Earthquakes sign Colombian Tressor Moreno
San Jose, CA (Sportsbook Betting Lines) - The San Jose Earthquakes signed Colombian
midfielder Tressor Moreno on Thursday, pending receipt of his P-1 visa.
Moreno, 33, has played for clubs in Colombia, France, Chile, Mexico and Peru,
and played
<< D.C. United acquires forward Salihi as DP
Washington, D.C. (Sportsbook Betting Lines) - D.C. United signed forward Hamdi Salihi as
a Designated Player on Thursday.
Salihi, a 28-year-old Albanian international, has 163 goals in 289 matches in
all competitions in his career. He last played for
Philadelphia, PA (Sportsbook Betting Lines) - Ever get one of those do-not-open-until- the-holidays packages in the mail? Well, let's just say we will need to revisit this column in about three years. That's because recruiting analysis is so fickle
Berdych, Monfils advance in Open Sud >>
Montpellier, France (Sportsbook Betting Lines) - Top-seeded Tomas Berdych and Frenchman
Gael Monfils were among Thursday's second-round winners at the Open Sud de
France tennis tournament.
Berdych, the Czech Republic native ranked seventh in the
Pletcher goes for another Davis win >>
Oldsmar, FL (Sportsbook Betting Lines) - Trainer Todd Pletcher has been dominating the
Sam F. Davis Stakes in recent years and has another opportunity to win the
event with its 32nd renewal on Saturday. The $250,000 stakes, with a field of
11 thre
Youzhny rolls; Bogomolov ousted in Zagreb >>
Zagreb, Croatia (Sportsbook Betting Lines) - Mikhail Youzhny cruised into the
quarterfinals of the Zagreb Indoors tournament Thursday, while fellow Russian
Alex Bogomolov was eliminated by Slovakia's Lukas Lacko.
A pair of past Zagreb w
Colts name Manusky defensive coordinator >>
Indianapolis, IN (Sportsbook Betting Lines) - The Indianapolis Colts have hired Greg
Manusky as defensive coordinator.
The Colts named Bruce Arians offensive coordinator earlier this week.
Manusky was the defensive coordinator of the San Diego
Teams that should be in: Stanford
Oregon and USC get their tickets punched after taking care of business this weekend. Yes, the Trojans' computer numbers aren't great, but there's no way the third-place team in this league is getting nixed. Grudgingly, I added Arizona after consultation with our Bracketologist. I don't know that Arizona will lose its last three (including a Pac-10 quarterfinal game), and even if the Cats do, I still can't see how they'd be left out, given the overall profile. That said, it bears watching, as three more L's would leave them at 18-12 (9-9) and on a 6-11 skid entering the Dance. It would be nice to see the Wildcats get at least one W in the Bay Area next week, as Cincinnati (albeit without Armein Kirkland and with a worse profile) was axed after a similar slide last season. I just couldn't rationalize having some of the other teams as locks and not having Arizona in that category -- there just aren't enough good teams behind the Cats to threaten their spot, it seems. Stanford has its fate in its own hands with the Arizona schools coming to the Farm to close out the regular season next weekend.
Should be in:
Stanford [17-10 (9-7), RPI: 40, SOS: 21] No shame in not getting a win in L.A., but that makes the home game against Arizona State a must-win ahead of what could be an intriguing meeting with Arizona should the Cats lose at Cal. Getting to 11 Pac-10 wins would make Selection Sunday much more comfortable, but 10's probably more than enough this season. The Cardinal have nonconference wins over Texas Tech and at Virginia to lean on, although they also lost badly to Air Force and Santa Clara at home.
| Southeastern Conference odds | |
Work left to do: Alabama, Georgia, Mississippi, Mississippi State It looks more and more possible that no one from the SEC West will make the NCAAs. How weird is that? Tennessee and Vandy move into the locks category after more good work this weekend. Kentucky stays there, although it would be smart for the Cats to handle Georgia at home Wednesday ahead of a trip to the Swamp. Could a disaster scenario (two more L's and a first-round SEC tourney exit) somehow dislodge the Cats despite their incredible computer numbers? Still unlikely, but not worth chancing it.
Work left to do: Alabama [19-9 (6-8), RPI: 43, SOS: 47] The tough L at Tennessee was understandable, and even created some hope. Unfortunately, that hope was dashed by a home loss to Auburn, which leaves the Tide in some real trouble. There's still no signature win on the profile (no, Kentucky doesn't count), and the computer profile is weakening rapidly. The Tide conceivably could beat Ole Miss and win at Miss. State to get to 8-8 and clinch at least a share of the West crown, but that's probably not enough right now. The Tide will need to do some work in the SEC tourney. Georgia [16-10 (8-6), RPI: 52, SOS: 23] This is the team with the best chance to make it from this section right now. The Bulldogs rebounded from a terrible performance at Ole Miss to beat down Miss. State. Now they are at Kentucky (king of the RPI 51-100 win) and home to Tennessee. That would be worth a lot of computer points to get both (which is doable), as both teams are in the top 11 in RPI. Finishing at least 9-7 is an absolute must, and I would feel much better about the Dawgs' chances if they got both to get to 10 SEC wins. They also beat Gonzaga, but lost to ACC bubblers Georgia Tech and Clemson. Mississippi [18-10 (7-7), RPI: 63, SOS: 79] Like everyone else in this division, Ole Miss gacked up a chance to stake a claim, losing by double figures at South Carolina. Even 9-7 likely is not nearly enough with a nonconference profile devoid of anything notable. Mississippi State [16-11 (7-7), RPI: 66, SOS: 37] With a chance to get in the mix, these Bulldogs were leashed by their Georgia counterparts. Could they get to 9-7? I guess -- although winning at Arkansas, then beating Alabama is no lock -- but would that mean all that much for a team with this overall profile? Probably not. There's nothing of note (on the good side) in the nonconference profile. |
|
For more College Basketball betting lines go to MySportsbook.com
Additional sports lines can be found at: www.Sportsbooks.com
To bet on March Madness games this online sportsbook accepts credit cards.