Public Ledger · Moda Center Negotiation
Build Your Own Fair Deal
The deal currently on the table returns the public essentially zero. Switch on the terms the same owner — or comparable cities — have already agreed to elsewhere, and see the projected twenty-year public return.
Projected 20-Year Public Return
$0M – $0M
vs. $0 on the table today
$0$300M$600M$900M$1.2B
Composition (midpoint of range)
No terms enabled. The current deal.
Arena Rent
Owner pays this in Raleigh, plus a Charlotte-style capital reserve.
$121M – $188M over 20 years
Payment In Lieu Of Taxes
Peer-city standard; the building is tax-exempt today.
$165M – $330M over 20 years
Premium Revenue Share
18% of gross premium club and naming. Peer standard.
$80M – $140M over 20 years
Event Parking Share
City takes 30% of gross event parking. Peer standard.
$50M – $100M over 20 years
Rose Quarter Development
Ground rent plus property taxes. The owner signed this in Raleigh.
$150M – $250M over 20 years
Naming Rights Share
Share arena and district naming. Peer standard.
$40M – $100M over 20 years
Close Ticket-Fee Carve-Outs
Bridge-lease standard.
$50M over 20 years
Operator Puts In Real Money
Peer-average private capital into revenue upgrades.
$245M over 20 years