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Media & Entertainment Law

: Sports Biz

Cowboys Open Billion Dollar Stadium

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The Dallas Cowboys unveiled their new $1.15 Billion stadium yesterday in an invitation only ribbon cutting ceremony attended by 1,5oo guests. The basic figures surrounding this stadium are daunting enough at any time, but particularly so given the economic climate in which it is opening. The new Cowboys Stadium will have permanent seats for 80,000 with the ability to seat 100,000 and will be best known for the world's largest video screens, costing $40 million and which run nearly the length of the football field. It is not owner Jerry Jones' intent to keep the name Cowboys Stadium but given the Great Recession and the price tag associated with naming rights he is trying to sell he hasn't found any takers just yet. In that quest, he is not alone, as the other billion dollar plus stadium coming on line in the New Jersey swamp has not sold its naming rights either.

Here is a video from yesterday's opening that will give you a little taste of the stadium:

Full post as published by Sports Biz on May 28, 2009 (boomark / email).

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