Arena Financing Agreement?

An historic moment in University of Louisville athletic history is scheduled to occur Thursday at 9 a.m. when the Louisville Arena Authority convenes at the Kentucky International Convention Center.

That’s when Chairman Jim Host is expected to announce that he has secured financing for a new downtown Louisville basketball arena. Moody’s Investment Service announced last week that $329 million in bonds would be offered for sale on Tuesday.

Things must be going well. The Arena Authority has set up a spy cam to make it possible for UofL fans and investors to watch construction progress over the next two years. (You must have Java installed on your PC to see it.)

arena spy cam

The meeting will be in Rooms 101-104 at the Convention Center.

Papa John’s Expansion — Meanwhile, Tom Jurich has confirmed that the expansion of Papa John’s Cardinal Stadium will occur in two phases. He told the Louisville Sports Report that the first phase will begin after the current football season and increase capacity to 55,000. The second phase, no timetable mentioned, will increase capacity to more than 60,000 seats.

FYI, Kentucky General Assembly: It’s all one project, just being done in two phases. It doesn’t have to be reconsidered in Frankfort, thank you. One would hope that Larry Clark, a local state representative, obstructionist and UK fan keeps his nose out of it.

Back to Tom: Tom, can we please have a web cam on the football stadium when construction begins? How about it, huh? Please.

ESPN Game Day — UofL basketball will be featured on ESPN’s Game Day broadcast during the 2008-09 season. However, the broadcast will originate from Morgantown, WV, where the Cards will square off March 7th against the Mountaineers. The other Big East Gameday will feature UConn at Notre Dame on Jan. 24th. The Big East is the only conference to be featured twice on the broadcast during the eight-week broadcast schedule which begins Jan. 17th.

Other games include Miami at North Carolina, Florida at Tennessee, Memphis at Gonzaga, Ohio State at Wisconsin, Oklahoma at Texas, and UCLA at California.

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Charlie Springer

Charlie Springer is a former Louisville editor and sportswriter, a public affairs consultant, a UofL grad and longtime fan.