Monday, April 27, 2009

Irsay Knows Sweetheart Deals When He Signs Them


((HT: Indy Star/Robert Annis))

Indianapolis Colts owner Jim Irsay ((pictured, thanks Sam Riche/IndyStar is refusing calls to renegotiate his team's stadium lease with the city, firing back at critics who suggest the Colts should foot more of the bill for Lucas Oil Stadium.

In comments during Saturday's NFL draft and in a call to The Indianapolis Star on Sunday, Irsay took a firm stand against calls for the Colts organization to kick in as much as $5 million extra for operating costs to help bail out the city's ailing Capital Improvement Board. The city and the Colts spent more than four years working out lease terms for the $720 million stadium.

"I'm not going to renegotiate. That's the bottom line," Irsay said. "All we did was negotiate in good faith. We've done everything we can to have a great organization. We've lived up to our part. We've exceeded our part."

Last week, Gov. Mitch Daniels joined other government leaders calling on the Colts and Pacers to "search their consciences" and kick in additional money to help the CIB, which operates Lucas Oil Stadium, Conseco Fieldhouse and the Indiana Convention Center. The CIB has projected its 2010 deficit at $47 million.

Irsay criticized Daniels -- a good friend, he pointed out -- for insisting that gambling companies abide by terms of an agreement signed before the economic downturn.

"He said, 'A deal's a deal,' " Irsay said. "But when the shoe's on the other foot, it's a different story."
Spokeswoman Jane Jankowski said the governor had no comment on Irsay's statement.

Irsay said the CIB's problems aren't unexpected.

"That's like me drafting all these players this week and later saying, 'I didn't know I was going to have to sign them, too,' " Irsay said.

State lawmakers are considering legislation that gives the City-County Council the authority to raise local auto rental, ticket, innkeepers and alcohol taxes to plug the CIB's deficit. Last week, City-County Council leaders from both parties said there were not enough votes to pass the package of tax increases if it makes it to the council. Also, the legislature ends its session Wednesday, so time is limited.

Here's some of Irsay's comments from the discussion in black...
Irsay also hates the idea of a ticket tax hike and fired back in a letter released to the public. The Colts claim they never "asked" for a new stadium.
Kevin Rader from WTHR-TV13 is at the Indiana Statehouse...

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