Date: August 08,2007
SMG FINALIZES DEAL TO MANAGE NEW WICHITA ARENA & KANSAS
COLISEUMSedgwick County commissioners approved hiring SMG to manage
the new downtown Wichita, Kan., arena (VT e-newsletter 1/3/07),
making public the terms of the deal. SMG will receive the first
$450,000 of net profits from the new arena. The county will receive
the next $450,000 in net profits plus recover capital expenditures
over $250,000. Any remaining profits will be divided 60 p...