Should Tax Dollars be Spent on This?

I received this email this morning from the Mayor regarding a request to fund a special hockey game. Should your tax dollars be spent on this? There is a significant economic impact. But ask, who will benefit from this economic impact? Is it equitable? Does it only benefit a few special interests? I appreciate your thoughts.

Please email me at david.cox@raleighnc.gov.

All,

This is a huge win for the City of Raleigh. We have been trying to get this game here for years. The economic benefit is great BUT the international and national PR we can’t buy. Any questions, talk to me. This is a big opportunity.

MAB (Mary-Ann Baldwin)

Sent from my iPhone

On Feb 14, 2020, at 9:45 PM, Buonpane, Louis <Louis.Buonpane@raleighnc.gov> wrote:

Mayor and Council Members:

Please note the exciting news from Assistant City Manager Jim Greene. Staff understands that a formal announcement will be provided to media outlets tomorrow.

From: Greene, Jim <jim.greene@raleighnc.gov>

Good evening Mayor and Council, and Happy Valentine’s Day.

 The Carolina Hurricanes have approached various community partners about an effort to raise funds to locate an NHL Stadium Series hockey game in Raleigh at Carter-Finley Stadium on the campus of North Carolina State University. The Stadium Series games are played outdoors in football stadiums. They are limited to a few games a year with only two scheduled to be played in 2021. These are marquee games with entire weekend events like concerts planned around the hockey game. The NHL focuses significant attention and marketing on these events, thus raising the profile of each game and showcasing the cities that host the games. The Stadium Series game in Raleigh is expected to occur in February 2021.

The economic impact of having a Stadium Series hockey game in Raleigh is expected to be significant. The NHL alone books about 4,700 hotel nights during the 10 day period before and after the game. Also, other games have seen approximately 40% of attendees travel to the game from outside the host city. The game at Carter-Finley Stadium and surrounding events are projected to have an economic impact of $15-$20 million.

The Hurricanes are seeking $1 million total from partners to offset the costs of hosting the game in Raleigh. They have requested $200,000 from Wake County, Greater Raleigh Convention and Visitors Bureau, and Centennial Authority and $250,000 from the State of North Carolina. 

The Carolina Hurricanes have reached out and requested a similar amount of $200,000 from the City of Raleigh to help fund the stadium hockey game weekend. City Council would need to approve any contribution from the City. Based on the significant tourism dollars, marketing for our community and the economic impact anticipated from this hockey game, staff recommends partnering with the Hurricanes and other organizations to bring this event to Raleigh. Staff is evaluating options for this payment and is confident the funds can be identified in the City’s budget. We expect to have additional information for Council and a recommendation at one of your March meetings.

Staff is sharing this information with you tonight as the Hurricanes and NHL are expected to announce the game tomorrow. Follow this link: https://www.nhl.com/fans/stadium-series/2020 to see information regarding the Stadium Series game taking place tomorrow, February 15 in Colorado Springs, Colorado.

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