Showing posts with label extension. Show all posts
Showing posts with label extension. Show all posts

Thursday, September 13, 2012

Talks stall between Bills and state, county over stadium lease extension

ORCHARD PARK, N.Y. -- Lease negotiations between the Buffalo Bills and state and county officials have stalled, opening the possibility that a one-year interim deal will have to be reached for the team to keep playing at Ralph Wilson Stadium next season.

Bills CEO Russ Brandon said Wednesday that there has been no progress in talks for two months, forcing the team to readjust its plans on whether a long-term deal can be reached once the current lease expires July 31.

"They have stalled over the last few months, and hopefully, we'll restart the process and reset the calendar in the near future," Brandon told the Associated Press. "We've been ready to go and have been in discussions with the appropriate parties for many months now. Over the last few months, we've hit somewhat of a cone of silence in the discussions."

The Buffalo News first reported talks had stalled in its editions Wednesday.

The lack of progress in negotiations has already led to one setback.

Brandon said the team will miss a deadline this month to apply for an NFL loan assistance program to help offset the $200 million-$220 million in costs the Bills and taxpayers would share for proposed renovations and upgrades to the 39-year-old stadium.

Brandon said the Bills needed to present its proposal for loan assistance at a committee meeting in order to have it placed on the agenda for a league meeting next month. The next chance the Bills will have to do that won't be until March.

That could be too late for the Bills to receive loan assistance for next season, putting the team in a position to have to negotiate to extend its current lease by one year.

"It's certainly a possibility," Brandon said, referring to settling for a one-year deal. "We have a lot of work to get done in a short amount of time, and there are many levers to this process."

A spokesman for New York Gov. Andrew Cuomo disputed the Bills' claim that talks have stalled.

"We have hired an outside expert to accelerate the negotiations, and have been in regular contact with the Bills and the county for months," Josh Vlasto said. "The assertion that the state is not committed to keeping the Bills in Buffalo is absolutely, 100 percent false."

In January, Cuomo included spending millions of dollar to retain the Bills among his list of "critical economic development projects."

"The governor's position remains unchanged," Vlasto said.

Vlasto declined to comment on how much the state is prepared to contribute. And he wouldn't speculate on the possibility of the sides having to settle for a one-year lease.

Last month, the state hired Irwin Raij to assist in lease talks. Raij is an attorney who specializes in stadium development projects and lease agreements. He was most recently represented Guggenheim Baseball Management in buying the Los Angeles Dodgers.

The state has a large stake in keeping the Bills, because the team is estimated to generate between $15 million and $20 million in state taxes. Erie County also has a stake, because it controls the stadium lease.

The parties have already missed one artificial deadline set by county executive Mark Poloncarz, who wanted a tentative deal done by the end of July.

Brandon sidestepped a question of how confident he was that a deal would be completed.

"I'm very confident that we have our ducks in the proverbial row to sit down and have meaningful and thoughtful conversations with our stakeholders," he said. "It's our No. 1 initiative. So we're always ready and willing to talk at the drop of a hat. We're ready to go at any point, and have been over a year."

The Bills are also negotiating with Rogers Communications to renew a five-year series of home games Buffalo plays in Toronto. The current deal runs out this year after the Bills "host" the Seattle Seahawks in Canada's largest city and financial capital on Sept. 16.

Brandon said he expects to resume discussions with Rogers officials within the next three weeks. He said talks were delayed because the team was focused on training camp, the start of the season and lease negotiations.

Brandon said lease talks will have no effect on renewing the deal to play in Toronto.

Copyright 2012 by STATS LLC and The Associated Press. Any commercial use or distribution without the express written consent of STATS LLC and The Associated Press is strictly prohibited.

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Thursday, May 24, 2012

49ers sign All-Pro punter Andy Lee to six-year extension

Posted: 05:10 PM ET May 23, 2012

By Will Brinson | Senior NFL Blogger

Lee was rewarded for his beasty punting with a six-year deal. (Getty Images)
It's not often that fans can get pumped up about a team announcing a new contract for a kicker or a punter, but if you're a 49ers fan, you should be stoked (the kids say that in Cali, right?) about the new six-year deal the team announced for punter Andy Lee on Wednesday.

It's believed the deal is in the range of $4 million per year, according to Matt Maiocco of CSNBayArea.com. That's a chunk of change for a punter, but if Lee produces at a rate near what he did in 2011, the field position he'll give San Francisco will be well worth the money.

"The 49ers are pleased to have reached a long-term contract extension with Andy," general manager Trent Baalke said in a statement released by the team. "Andy has established himself as one of the top players in the game at his position. He is a valued member of our organization and community. As we stated earlier this year, it is our objective to keep the core of this team together long term, and this is just another step in that direction."

Lee, a two-time All-Pro and three-time Pro Bowler, had a monster year in 2011, averaging 50.9 yards per punt (with a long of 68) and only having one punt blocked the entire year. That gross average was good for third in NFL history, and his 44 yards-per-punt net set an NFL record.

As our 49ers Rapid Reporter Kyle Bonagura noted Wednesday, Lee holds every major punting record in team history: punts (723), yards (33,069), gross average (45.7), net average (38.9) and punts downed inside the 20-yard line (209).

For more NFL news, rumors and analysis, follow @EyeOnNFL on Twitter, subscribe to our RSS Feed and subscribe to our Pick-6 Podcast and NFL newsletter. You can follow Will Brinson on Twitter here: @willbrinson.

Tags: Andy Lee, San Francisco 49ers, NFL

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Friday, May 18, 2012

Giants owner John Mara: Tom Coughlin extension coming 'sooner rather than later'

Posted: 09:28 AM ET May 17, 2012

By Will Brinson | Senior NFL Blogger

Tom Coughlin is entering the final year of his contract, but Giants owner John Mara said Wednesday that he was confident the Giants and the coach would get a new deal done "sooner rather than later."

Mara spoke to reporters with the Giants unveiling their 2011 Super Bowl rings on Wednesday and, per our Giants Rapid Reporter Alex Raskin, expressed confidence that the coach will have a deal soon.

"We're working on it," Mara said. "It will be done sooner rather than later."

It's always odd to see an NFL coach heading into the season on the final year of his contract: NFL owners -- quite understandably -- hate lame-duck coaches because players understand what it means when a coach only has one year left on his deal.

But it's especially weird to see a coach who just won the Super Bowl heading into the final year of his contract. Of course, Coughlin's only in this situation because he was basically on the hot seat up until the Giants won the Super Bowl -- fans were calling for his head as recently as Week 10 of last year.

That's nothing new, though. Fans in New York have wanted Coughlin fired for some time now and only seem to come around to his side when he wins Super Bowls. Fortunately, Mara's a smart and patient guy and has had Coughlin's back throughout it all. It stands to reason that he'll make sure Coughlin gets paid.

For more NFL news, rumors and analysis, follow @EyeOnNFL on Twitter, subscribe to our RSS Feed and subscribe to our Pick-6 Podcast and NFL newsletter. You can follow Will Brinson on Twitter here: @willbrinson.

Tags: New York Giants, NFL

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Thursday, May 17, 2012

Giants owner John Mara: Tom Coughlin extension coming 'sooner rather than later'

Posted: 09:28 AM ET May 17, 2012

By Will Brinson | Senior NFL Blogger

Tom Coughlin is entering the final year of his contract, but Giants owner John Mara said Wednesday that he was confident the Giants and the coach would get a new deal done "sooner rather than later."

Mara spoke to reporters with the Giants unveiling their 2011 Super Bowl rings on Wednesday and, per our Giants Rapid Reporter Alex Raskin, expressed confidence that the coach will have a deal soon.

"We're working on it," Mara said. "It will be done sooner rather than later."

It's always odd to see an NFL coach heading into the season on the final year of his contract: NFL owners -- quite understandably -- hate lame-duck coaches because players understand what it means when a coach only has one year left on his deal.

But it's especially weird to see a coach who just won the Super Bowl heading into the final year of his contract. Of course, Coughlin's only in this situation because he was basically on the hot seat up until the Giants won the Super Bowl -- fans were calling for his head as recently as Week 10 of last year.

That's nothing new, though. Fans in New York have wanted Coughlin fired for some time now and only seem to come around to his side when he wins Super Bowls. Fortunately, Mara's a smart and patient guy and has had Coughlin's back throughout it all. It stands to reason that he'll make sure Coughlin gets paid.

For more NFL news, rumors and analysis, follow @EyeOnNFL on Twitter, subscribe to our RSS Feed and subscribe to our Pick-6 Podcast and NFL newsletter. You can follow Will Brinson on Twitter here: @willbrinson.

Tags: New York Giants, NFL

View the original article here

Saturday, December 10, 2011

Cowboys safety Sensabaugh signs five-year contract extension

IRVING, Texas -- The Dallas Cowboys have signed safety Gerald Sensabaugh to a five-year contract extension.

The team didn't release terms of the deal announced Friday.

It's the first multiyear deal with the Cowboys for the seventh-year pro, who has 12 interceptions and 335 tackles in 93 career games, including 65 starts.

A fifth-round pick by Jacksonville in 2005, Sensabaugh spent his first four seasons with the Jaguars before coming to Dallas. He had a career-high five interceptions last season.

Also Friday, the Cowboys placed running back Phillip Tanner on season-ending injured reserve with a hamstring injury. Receiver Andre Holmes was activated from the practice squad to fill Tanner's roster spot.


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