Tuesday, January 8, 2013

SMG keeps contract to operate EverBank Field, other city facilities

Jacksonville Local News – Jacksonville.com and The Florida Times-Union
SMG, the company that has managed EverBank Field for the past 20 years, will keep its contract to run city facilities after slashing its fee from almost $1 million to $100,000.
The company signed a three-year agreement with the city, Mayor Alvin Brown announced Saturday, and will be able to earn an additional $100,000 in incentives on top of its base fee.
In return, the Philadelphia-based company will give the city an open-ended $1 million grant and establish a $500,000 fund to attract and promote events at city facilities.
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1 comment:

  1. Silly. With the prices these guys charge and the monopoly established here, the city should be gaining a lot more money.