Category Archives: News

Cleveland City Council Approves Arena Renovations

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Cleveland City Council voted to approve an estimated $88 million in public funding as part of the $140 million Quicken Loans Arena renovation project. Barrett Sports Group, LLC provided consulting services to Gateway Economic Development Corporation of Greater Cleveland in connection with the Cleveland Cavaliers lease extension.

State of Wisconsin DOA

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Barrett Sports Group, LLC has been hired by the Wisconsin Department of Administration Capital Finance Office on behalf of the Wisconsin Center District (WCD) to provide an independent, objective evaluation of the current management and operations of the WCD facilities, including a convention center, arena, and theater.

NFL Raiders

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Barrett Sports Group, LLC has been hired by the Raiders to evaluate the market demand for the potential relocation of the Raiders to Las Vegas, Nevada.

Major League Soccer

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Barrett Sports Group, LLC has been hired by Major League Soccer to evaluate the market demand and financial feasibility of the Austin, Texas market to serve as the home of an MLS team.

Golden 1 Center Opens

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The Golden 1 Center, the new home of the Sacramento Kings, officially opened. Barrett Sports Group, LLC assisted the City of Sacramento in negotiations with the NBA, prepared a financing plan for the project, and completed a market and financial feasibility study for a new downtown arena.

Confidential Developer

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Barrett Sports Group, LLC has been hired to evaluate the market and financial feasibility of a potential new arena located in a master planned real estate development project.

City of San Antonio

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Barrett Sports Group, LLC has been hired to evaluate the market and financial feasibility of a potential new Triple-A baseball stadium and complete an evaluation of Triple-A stadium leases.

Columbus Crew SC

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Barrett Sports Group, LLC has been hired to evaluate the market demand and financial feasibility for the potential development of a new soccer-specific stadium in Columbus, Ohio and complete an evaluation of MLS stadium leases.

City of Albuquerque

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Barrett Sports Group, LLC has been hired to complete a market demand study regarding a potential renovation of the Fran Hill Exhibit Hall at the Albuquerque Convention Center.

Pasadena Approves Music Festival Plans

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The Pasadena City Council approved plans to hold the Arroyo Seco Music and Arts Festival at the Rose Bowl and neighboring Brookside Golf Course. Barrett Sports Group, LLC served as lead negotiator and strategic advisor to the Rose Bowl Operating Company and assisted in the evaluation of proposals from multiple promoters.

Broward Approves BB&T Center Amendment

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Broward County approved a comprehensive amendment to the NHL Florida Panthers license agreement to provide financial assistance to the struggling team. The amendment provides direct investment in the operations and ongoing maintenance of the County-owned BB&T Center, while providing the County with real estate development rights and unprecedented financial protections. Barrett Sports Group, LLC served as an advisor to the County and was its lead negotiator.

Children’s Mercy Hospital Buys Naming Rights

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Barrett Sports Group, LLC provided strategic advisory services to Children’s Mercy Hospital in connection with the negotiation, valuation, and structure of a comprehensive naming rights and sports medicine partnership with Sporting Kansas City Major League Soccer (MLS) team.

State of Wisconsin DOA

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Barrett Sports Group, LLC has been hired by the Wisconsin Department of Administration Capital Finance Office on behalf of the Wisconsin Center District as the chief project manager, financial advisor, and negotiator in connection with the Milwaukee Bucks New Arena.

St. Louis Stadium Task Force

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Barrett Sports Group, LLC has been hired to assist the St. Louis Stadium Task Force (Governor’s Office) and their consulting team in its efforts to develop a stadium plan and retain the National Football League (NFL) St. Louis Rams.

City of Savannah

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A consulting team led by Barrett Sports Group, LLC has been hired to assist the City of Savannah in evaluating the market and financial feasibility of a new arena. The consulting team will also evaluate alternative options associated with the existing civic center, including an arena and theater.

Broward County

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Barrett Sports Group, LLC has been hired to complete a series of studies and provide negotiating services to support Broward County in its ongoing negotiations with the NHL Florida Panthers.

San Antonio Spurs

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Barrett Sports Group, LLC has been hired to evaluate a variety of alternative acquisition opportunities to assist the parent company of the San Antonio Spurs diversify its sports and entertainment portfolio.

City of Sacramento (NBA)

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The National Basketball Association (NBA) Board of Governors unanimously approved the sale of the Sacramento Kings to a group led Vivek Ranadive. Barrett Sports Group, LLC played an instrumental role in negotiating and structuring a deal for the development of an Entertainment and Sports Center (ESC) and the redevelopment of the Downtown Plaza. The ESC was a key element in the NBA’s review of the proposed transaction. The change in ownership ended years of speculation regarding the potential relocation of the franchise.