City of Evansville prepared to offer five-year deal to IceMen - Tri-State News, Weather & Sports

City of Evansville prepared to offer five-year deal to IceMen

EVANSVILLE, IN (WFIE) -

We're less than two weeks away from an important deadline for the city and the Evansville IceMen.

The two sides don't have a contract to lease the Ford Center.

The team needs to work out a lease with the city by December 1 or they won't be able to schedule games for the 2016-2017 season.

Owner Ron Geary says he’s had offers in other cities, but he wants to keep the team in Evansville. 

[RELATED: Mayor hopeful about future of IceMen in Evansville]

Geary told us the IceMen are paying the most rent in the ECHL at $650,000.  He says they give the city about $1.2 million annually with extra profits. 

However, we’re told the city provides more than $400,000 in rebates to help pay the rent and makes very little money from the IceMen.    

Geary tells us it's not a rebate.  What the city does is give a portion of every suite ticket sale back to the IceMen.

“The city sells those tickets and then according to our contract, they're supposed to pay us $20 a ticket for those seats that they sell,” said Geary. 

“Money flows both directions,” says Randy Alsman, President of the Evansville Redevelopment Commission.  “Any number close to $1.2 million would only be part of the story.  The full financial impact for the city is basically break even.”

We’re told the city will offer a five-year deal to the IceMen.  It would allow the team to pay rent based on how many fans attend the games. 

If more people go, they would pay less in rent and the city would still keep food and drink profits.

Geary says depending on the scale of that agreement, he would be willing to sign that lease.

That could happen as early as Wednesday. 

Copyright 2015 WFIE. All rights reserved. 

  • LOCALMore>>

  • New Sikh temple opens up in Evansville

    New Sikh temple opens up in Evansville

    Sunday, April 22 2018 9:49 PM EDT2018-04-23 01:49:33 GMT
    WFIEWFIE
    WFIEWFIE

    A new temple that preaches inclusion and equality held it's grand opening in Evansville. The Evansville Gurdwara is a temple for Sikhs to pray and reflect while also serving the community. The temple opened it's doors in August. Today's grand opening falls on a special day in Sikhism that commemorates the start of the religion.  

    More >>

    A new temple that preaches inclusion and equality held it's grand opening in Evansville. The Evansville Gurdwara is a temple for Sikhs to pray and reflect while also serving the community. The temple opened it's doors in August. Today's grand opening falls on a special day in Sikhism that commemorates the start of the religion.  

    More >>
  • Philanthropy raises money for Smile on Down Syndrome

    Philanthropy raises money for Smile on Down Syndrome

    Sunday, April 22 2018 6:09 PM EDT2018-04-22 22:09:20 GMT
    (WFIE)(WFIE)

    Students from USI came together to raise awareness for a local organization that shines a light on people with down syndrome 

    More >>

    Students from USI came together to raise awareness for a local organization that shines a light on people with down syndrome 

    More >>
  • Over 60 cats rescued from Hopkins Co. home

    Over 60 cats rescued from Hopkins Co. home

    Sunday, April 22 2018 5:51 PM EDT2018-04-22 21:51:38 GMT
    The humane society is to the brim right now with cats and kittens-some who are even just days old. But they need help with all of the animals before they can find permanent homes (WFIE)The humane society is to the brim right now with cats and kittens-some who are even just days old. But they need help with all of the animals before they can find permanent homes (WFIE)
    The humane society is to the brim right now with cats and kittens-some who are even just days old. But they need help with all of the animals before they can find permanent homes (WFIE)The humane society is to the brim right now with cats and kittens-some who are even just days old. But they need help with all of the animals before they can find permanent homes (WFIE)

    The Hopkins County Humane Society gained over 60 new cats and kittens over the weekend.

    More >>

    The Hopkins County Humane Society gained over 60 new cats and kittens over the weekend.

    More >>
Powered by Frankly