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Commission approves long-term amphitheater and stadium agreements, including $20M+ private contribution
Summary
The commission approved agreements that extend management and booking services for the new amphitheater and soccer stadium: a long-term management agreement with ASM Global, promotion/booking with Live Nation (including a reported $20 million capital contribution), and a purchase agreement moving Amway Stadium into the arena authority for construction/ownership.
Commissioners approved multiple agreements that the city says are necessary to finance, manage and operate a new amphitheater and the related soccer stadium.
The approved items were: (1) an agreement with ASM Global to provide management services to the amphitheater and stadium (longer than the CAA's five-year authority requires city and county approval); (2) a…
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