Negotiation Services

 

 

tafford Sports provides ownership of arenas, stadiums, and convention centers with comprehensive Negotiation Services in order to secure long-term operating and tenancy agreements. Stafford’s principals have negotiated multiple tenancy and management agreements with facility operators and sports franchises. Stafford also negotiates all material agreements that are required for the long-term operation of a facility, franchise or tenant.

Our Negotiation Services provide ownership with comprehensive agreements that mutually benefit both sides and help ensure the long-term operating sustainability of the facility and the franchise.




Stafford develops and negotiates all Facility Agreements, including:

• Facility Operating Agreement
• Tenant/Sports Franchise Lease
• Naming Rights
• Advertising and Sponsorship Rights
• Ticketing
• Concessions and Catering
• Premium Seating
• Restaurant and Retail Operations
• Merchandising and E-Commerce
• Parking Operations
• Repair and Maintenance
• FF&E Contracts
• Vendor Service Agreements



In order to secure an Operating Agreement for ownership, Stafford frequently serves as lead negotiator. We consider all options for management and conduct ongoing negotiations through formal meetings, conference calls and written correspondence. Stafford’s principals also serve in an advisor role, providing clients with input on industry standards and required business terms.

In order to secure a Tenant Lease Agreement, Stafford negotiates a long-term agreement that is beneficial for ownership, the tenant and the operator. We negotiate a binding Term Sheet to serve as the basis for a final Agreement. As part of the overall Tenancy Agreement, Stafford also negotiates related agreements such as Non-Compete, Non-Relocation and Guaranty Agreements.

In all phases of the negotiation process, Stafford participates with ownership’s financial and legal counsel in the negotiation and creation of a comprehensive Agreement. Throughout all aspects of the negotiation, Stafford regularly advises ownership on current industry practices and the risk/reward potential of all business terms and conditions contained in any preliminary discussions in a Term Sheet and in the Final Agreement



Stafford develops and negotiates all Facility Agreements, including:

• Phase 1 - Financial Analysis
• Phase 2 - Recommended Negotiation Strategies
• Phase 3 - Actual Negotiation



The following is a list of clients who have benefited from our Negotiation Services:

Professional Sports Franchises
• Nashville Predators
• New York Knicks
• New York Rangers
• Philadelphia Flyers
• Philadelphia 76ers
• San Antonio Spurs

Universities
• A-10 Conference
• MAAC Conference
• National Collegiate Hockey Conference
• Cleveland State University
• Fairfield University
• Georgetown University
• Seton Hall University
• Siena College
• University of Massachusetts Lowell
• Wake Forest University
• Villanova University

Municipalities
• Broward County, FL (BB&T Center)
• City of Cedar Park, TX (Cedar Park Center)
• City of Corpus Christi (American Bank Center)
• City of Hidalgo, TX (State Farm Arena)
• Polk County, IA (Iowa Events Center)
• City of Laredo, TX (Laredo Energy Arena)
• City of Norfolk, VA (AAA Norfolk Tides)
• City of Orlando, FL (Amway Center)
• City of Rochester (Blue Cross Arena)
• City of Seattle, WA (new NBA arena)



Contact us for more info