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CIB, Colts dispute stadium concession expenses

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As a National Football League team owner, Jim Irsay is entrenched in a $9 billion labor dispute with players in which the outcome could be decided in court.

But, on a smaller scale, Indianapolis Colts officials are involved in their own financial disagreement with their stadium’s manager—the Capital Improvement Board of Marion County.

The argument over who’s responsible for certain concession expenses at Lucas Oil Stadium might not reach the courtroom, though CIB members on Monday authorized board President Ann Lathrop to seek arbitration if future discussions are unsuccessful.

Negotiations between the two sides have been ongoing for about a year with no resolution, Lathrop said. The disputed expenses total at least “six figures,” she said.

More expenses translate to fewer profits for both parties.

A contract between the Colts and CIB entitles the team to all profit earned from concessions during Colts games, while CIB takes the profits from all other events held at the stadium.

At issue are expenses for multiple events, Lathrop said. An example would be pay for individuals who get the stadium ready for multiple events in one week, including Colts games and non-Colts events.

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  • I have No respect for the NFL
    As a National Football League team owner, Jim Irsay is entrenched in a $9 billion labor dispute with players in which the outcome could be decided in court!

    I do not Watch Foot Ball and reallyt Can not Stand it! But this is just wronge, the Stadium was Built & paid for by the taxes of we the people "nationalism", It is Still owned by we the people thru other Taxes to Maintain it to Help keep up with All the Government Contrac's! The Colts and the nfl makes Millions a year! %90 of the Market of products the fan Buy or goods to Support the Colts is Made in a over seas Market that are American Job's.

    it the Stinking Colts Means So much why did they not Buy It pay for it, then their choyce of inports Support for the so call All American team would not Hurt American Jobs would it. I say repeal the Taxes that Paid for it and Keep it going! it means so much Let the Colts pay for the thing!

    I know Many Veteran that have been rejected Help just do penssions homeless in Jails etc Because What the Draft Dodger Clinton did with the rewrite of the draft Act back in the 1990s, that Obama has been backing to force Wounded Troops to pay for their own health care that get mis treated! But they will back tax hikes for A stadium as the Players it was built for Fight over million Dallor Pay check Supported by over seas governments! Not when there is a Back log in some states of 6,000 veterans Waiting---!

    I have no Respect for the NFL

    Bruce Michael Anderson
    Reader of Imprimis
    Portfolio URL: http://Writing.Com/authors/epistemology
  • what a deal
    I love the Colts but the stadium contract is criminal. The Colts pay about $500K per year total to play there but the CIB does get ATM fees. Think we were all drunk from the SB win when this was negotiated.
  • We own the stadium
    We the taxpayers own the stadium. Which should be that the city get the profit from all events even the Colts not Irsay. If he was the profits then he needs to pay the bills for the Stadium not the City
  • Duh
    Taxpayers pay all expenses. Irsay gets all profits. Isn't that how it works?

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  1. Now if he'd just stay there...

  2. Daniel - what about the many US citizens who do NOT follow what the Bible teaches? The Hindus, Jews, Muslims and others who are all American citizens entitled to all rights as Americans?? This issue has NOTHING to do with "What the Bible says..." Keep all Churches separate from State! Pence's ongoing idiocy continues to make Indiana look like a backwards, homophobic state in the eyes of our nation. Can't we move on to bigger issues - like educating our kids?

  3. 1. IBJ should link to the referenced report. We are in the age of electronic media...not sharing information is lazy. Here is a link http://www.in.gov/gov/files/Blue_Ribbon_Panel_Report_July_9_2014.pdf 2. The article should provide more clarity about the make-up of this panel. The commenters are making this item out to be partisan, it does not appear the panel is partisan. Here is a list of the panel which appears to be balanced with different SME to add different perspectives http://www.in.gov/activecalendar/EventList.aspx?view=EventDetails&eventidn=138116?formation_id=189603 3. It suggests a by-pass, I do not see where this report suggests another "loop". 4. Henry, based on your kneejerk reaction, we would be better off if you moved to another state unless your post was meant as sarcasm in which case I say Well Done. 5. The article and report actually indicates need to improve rail and port infrastructure in direct contradiction to Shayla commentary. Specifically, recommendation is to consider passenger rail projects... 6. People have a voice with their elected officials. These are suggestions and do not represent "crony capitalism", etc. The report needs to be analyzed and the legislature can decide on priorities and spending. Don't like it, then vote in a new legislature but quit artificially creating issues where there are none! People need to sift through the politics and provide constructive criticism to the process rather than making uninformed comments in a public forum based on misinformation. IBJ should work harder to correct the record in these forums when blatant errors or misrepresentations are made.

  4. Joe ... Marriage is defined in the Bible ... it is mentioned in the Bible often. Marriage is not mentioned once in the US or Indiana Constitution ...

  5. Daniel - Educate me please: what does the Bible have to do with laws? If the government wasn't in the business of marriage to begin with, then it wouldn't have to "define" marriage at all. Marriage could be left as a personal, religious, or otherwise unregulated action, with no ties to taxes, legal status, etc. Then people could marry whomever they want, and all this silliness would go away. Remember to vote Libertarian in November.

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