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Council Manager Memo #3 - January 9, 2008
Information Items:
Request from Bobcats to Approve Third Party Booking & Marketing
Staff Resource: 
Ron Kimble, 704-336-4169,
rkimble@ci.charlotte.nc.us
 
On January 9, 2008, the CRVA approved a request from the Bobcats for a third party booking and marketing proposal between Bobcats Sports and Entertainment (BSE) and AEG.  The Bobcats have this right in the Arena Use and Operating Agreement.
 
BSE proposes to employ AEG as the booking and marketing agent for the facility.  In this capacity, an AEG employee attached to the BSE Arena Staff would be responsible for scheduling, negotiating, and contracting all events held at the Charlotte Bobcats Arena.  AEG would also employ an individual who was responsible for marketing the venue to the entertainment, sports, and meetings industry.  Both of these individuals would be supported by AEG's corporate structure, which includes talent agents, event promoters, and facility managers in major and secondary markets around the country.  BSE would retain the right to approve or veto any event booking deal proposed by AEG for the venue.
 
The agreement does not affect the CRVA's responsibilities or budget to provide Back of House Services to the Charlotte Bobcats Arena.  The agreement intends to increase the quality and quantity of sports and entertainment events held at the Arena.  The City's/CRVA's ability to utilize the Charlotte Bobcats Arena for events that create economic impact for the community, like the CIAA Tournament or summer religious conventions, is unaffected by the proposal. 
 
City Council will be asked to consider approval of this agreement at their January 28 meeting.