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This Day In Hockey History-June 5, 1997-Atlanta arena approval opens door for NHL expansion franchise

Atlanta Thrashers

ATLANTA (AP) — Atlanta, which lost the Flames to Calgary in 1980, moved closer to regaining an team Wednesday when a deal for a $213-million arena cleared its final governmental hurdle.

Turner Broadcasting System executives were jubilant after the Fulton County Commission approved plans calling for the new arena to be built on the site of the Omni.

“We've always felt like we're a strong contender,” said William Shaw, vice-president of Turner Sports. “With the new arena in place, it's icing on the cake.

“We could be and should be awarded an NHL franchise.”

A Turner official immediately contacted the NHL to let it know of the commission's 5-2 vote Wednesday. Shaw said he expected to receive word on the bid for an expansion franchise within a few days. The team would begin play in 1999.

TBS chief Ted Turner already has suggested Thrashers as a potential name for the team. The brown thrasher is Georgia's state bird.

Most observers consider Atlanta, the largest television market in the United States without an NHL team, a virtual lock for one of the four expansion franchises the league is expected to add by the end of the decade.

The other contenders are Columbus, Ohio; St. Paul, Minn.; Oklahoma City; Houston; and Nashville, Tenn.
The committee met privately Wednesday in New York, but no announcement was planned.

Nashville and Columbus were among other cities being considered, and would gain franchises in the coming years.

Nashville, which already has a new 18,000-seat arena in place, and Houston, also a prime television market, are rated as the other leading contenders. Columbus, which tried unsuccessfully to lure the , boosted its chances with approval of a plan for a privately funded arena.

Nationwide Mutual Insurance Co. will put up 90 percent of the Columbus arena's $125-million cost, with the rest coming from The Dispatch Printing Co.

Last month, Franklin County voters rejected a sales tax that would have helped pay for a downtown arena-stadium complex. But the private funding deal for an 18,500-seat arena puts Ohio's capital city back in the race.

Atlanta's arena, which also will house the Hawks, was in jeopardy when changes were required in the financial terms.

The Hawks initially pledged all their revenues to repay $140 million in government-backed construction bonds if the facility's income failed to cover them. The NBA blocked that provision, ruling that players and coaches would have to be paid before the bond revenues got their money.

Turner officials then agreed to put up the Hawks franchise as collateral The revised deal was approved unanimously by the Atlanta city council and the Atlanta-Fulton County Recreation Authority.

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