pmw

Penguins stay in Pittsburgh

Mar 14, 2007 00:05

From CBC:

Gov. Ed Rendell confirmed Tuesday that government officials agreed to fund a $290-million US hockey arena with money from the state's slot machine parlours.

"All three governmental entities have reached an agreement for a deal that will keep the Penguins in Pittsburgh," he told the Pennsylvania Gaming Congress.

The Penguins have agreed to commit $3.8 million US toward construction and $400,000 US for capital improvements each year for 30 years.
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