A TechCrunch article: So, Recode reported today that Twitter was tinkering around with the idea of expanding its 140 character limit to a number a bit higher….10,000 characters. But what,...
Courtesy of the Charlotte Observer:
In exchange for using taxpayer money to renovate Bank of America Stadium, the Carolina Panthers are required to provide five rent-free days a year, during which the City of Charlotte can book non-NFL events during the offseason. Think concerts, college football games, even beer festivals.
It’s a perk that can save city taxpayers $250,000 per event. But three years into the deal, Charlotte has only used up seven days total, and this year the city might only use two – for the college football kickoff game in September and the Belk Bowl in December.
Charlotte has also landed international soccer games during the summer in the past, though the city doesn’t have one scheduled this year. Overall, Charlotte has tallied eight unused dates so far. And they’ll expire in 2023 if they go unused.
Officials say there are a number of reasons the city hasn’t used those rent-free dates: Stadium renovation work limits the window of available summer booking time, and it’s tough to find profitable events even when rent is free. As for concerts, many performers aren’t taking their acts to big stadiums any more.
While taxpayers haven’t been able to cash in on all the available rent-free dates owed them, city officials say it’s not for a lack of trying. They’re still looking for a soccer event this year, for instance. And the Panthers say they haven’t turned down any proposed ideas from the city yet.