New pro football team may get the go-ahead - WALB.com, Albany News, Weather, Sports

New pro football team may get the go-ahead

Posted: Updated:
  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Swimming pool destroyed after storm

    Swimming pool destroyed after storm

    Saturday, April 19 2014 7:32 PM EDT2014-04-19 23:32:11 GMT
    An Albany man arrived home to find his pool completely destroyed. He's not sure what happened, but the wall caved in and the concrete cracked. He says he's had the siding redone several times.More >>
    An Albany man arrived home to find his pool completely destroyed. He's not sure what happened, but the wall caved in and the concrete cracked. More >>
  • Manhole overflowing at Lenox Dr. and W. Oglethrope

    Manhole overflowing at Lenox Dr. and W. Oglethrope

    Saturday, April 19 2014 7:24 PM EDT2014-04-19 23:24:01 GMT
    Be careful if your traveling near the intersection of Lennox Drive and West Oglethrope Ave. A manhole is overflowing releasing nearly 25 gallons of water a minute. City officials says the undergroundMore >>
    Be careful if your traveling near the intersection of Lennox Drive and West Oglethrope Ave. A manhole is overflowing releasing nearly 25 gallons of water a minute. More >>
  • NAACP holds rib dinner

    NAACP holds rib dinner

    Saturday, April 19 2014 6:30 PM EDT2014-04-19 22:30:16 GMT
    The Albany-Dougherty County NAACP is giving back to the community through food.   They sold $6 rib plates to the public at their headquarters on North Magnolia Street. The NAACP's Vice President and DoughertyMore >>
    The Albany-Dougherty County NAACP is giving back to the community through food.   They sold $6 rib plates to the public at their headquarters on North Magnolia Street. The NAACP's Vice President and DoughertyMore >>

By Karen Cohilas - bio | email

ALBANY, GA (WALB) – After five seasons playing at the Civic Center, the South Georgia Wildcats failed to sign a deal to stay in Albany.

Andre White proposed a contract to create the Albany Panthers in the Southern Indoor Football League.

City commissioners questioned the new league's solvency and White's finances. He then provided a letter proving he has $150,000 in the bank, in the name of the team.

 He also agreed to give the city 20% of gross concession revenue.

Wes Smith, Assistant City Manager said, "The risk is really more on the owner in that he's the one putting up the money, he's putting in the management and the people and the time. Frankly, we have already budgeted the cost of having a team down there. This particular situation is less expensive, so we have virtually no risks, other than the risk of having assets of a field, dasher boards,etc, not being used."

 The football contract would be for five years. The concessions contract would be for only 18 months. There's also a signage contract and a personal guarantee.

 The city commission meets Tuesday night at 8 o'clock to vote on all contracts.

 

©2009 WALB News. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.  Feedback

Powered by WorldNow