Tuesday, November 17, 2009

You Wanna Buy A Silverdome...???

((HT: MyFoxDetroit))

A Canadian company did, at auction, for US$583,000...
When the Pontiac Silverdome was completed in 1975, it's final cost was US$55-million... not a bad deal if you can get it...

Some Pontiac politicians are pissed that the proposed buyer's name hasn't been made public yet, and that the group got the property for a little over one percent of the construction price... the process may take up to 45 days...

You can see why the group that offered US$20-million might be chapped...

The people that have purchased the building, for now anyway, want to turn the place into an MLS facility. MLS Commisioner Don Garber has already said that he sees the league at 20 teams with Montreal being in that mix somewhere...

Detroit hasn't even entered the picture of any talks Garber has had on the matter...

So, even if it was an idea it couldn't be accomplished until 2013 at the earliest- with league approval...

Here's how Bill Gallagher of FoxDetroit covered the story...


The duo of Barnas and Bull have the story from the Free Press side of things... and they catch up with the guy who was interested in bringing a franchise to Detroit seven years ago- he was just as surprised as anyone about the pricetag and the intentions...

But those of us at OSG HQ just view this is a property flip and a boondoggle by the Pontiac city government until further notice...

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