UWM Arena is there an out in the lease to tear it down?

[Groin_pull]

I don't blame them for being pissed off.

We would be pissed off too.

But, they also shouldn't project/contort/twist themselves into all sorts of knots trying to climb the moral high ground on how everybody is out to screw UWM.

This is $. Period.

Nobody is out to screw UWM, but right now, they don't generate much revenue, so they aren't a priority.

Maybe the new arena could take Bucks/MU/Admirals/UWM. But, UWM might be last in the pecking order unless they can draw more than the Admirals, or if they are willing to pay a significant premium to rent the building.

Might???

[GOO]

One could say that Frank Gimbel and UWM have been taking advantage of the tax payers with the current agreement.  New seats, new scoreboard, costing millions... all for a sub-par lease arrangement that can't make good business sense.   I don't know but I'd like to see the income versus expenses for the arena including the millions in capital improvements recently completed and contemplated.  I'm sure if UWM and Frank Gimbel push back hard enough, these will be all over the news.

I guess if I was UWM and was given a sweetheart deal, I might make some noise as well.

Question, did Frank Gimbel see this coming and gave UWM the lease to make it more difficult to allow the Bucks to take down the arena.  I doubt it, but it is a curious lease arrangement to take place at a time when everyone knows the Bucks were looking at building an arena.

[GOO]

From this summer... it sounds like both sides have an out if the arena gets knocked down.

http://www.jsonline.com/blogs/sports/265537621.html

Thanks!

[MuMark]

from an article Sept. 25:

http://www.jsonline.com/news/milwaukee/gimbel-calls-new-arena-proposal-unworkable-b99359051z1-277076421.html

So they signed a contract knowing this could happen and now are "Shocked! Shocked!" that it might actually happen?

Does that about cover it?

[Litehouse]

I don't think I saw it in the articles, but does UWM get to keep concession revenue?  or does the arena keep that?

There's an argument to be made that Milwaukee needs a smaller arena for smaller events that are better served by the MECCA than the BC, and that we should keep the MECCA around for that reason.  This could be for concerts, the Wave, motorcross, the circus, etc. that are a better fit in the MECCA.  Gimbel should be making that argument, not saying UWM needs a new arena, because they clearly don't.