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Cotton Kings and City of Lubbock Renegotiate Lease

July 31, 2006 - Central Hockey League (CHL) - Lubbock Cotton Kings News Release

LUBBOCK, TX: July 31, 2006 - The Lubbock Cotton Kings of the Central Hockey League (CHL) are very excited with the results of the Lubbock City Council's decision to approve a new lease agreement between the Kings and the City of Lubbock / Lubbock Municipal Coliseum. The decision was made Monday morning during a Special City Council Meeting.

"This is the best lease agreement our organization has ever had with the Coliseum and the agreement is on par with other agreements CHL teams have with their venue," said Cotton Kings General Manager Todd Chisnell. "This new agreement excites us because it is a step in the right direction. I appreciate everyone that was involved within the negotiations, including Mayor David Miller and City Council members, which shows their dedication in the longevity of the Cotton Kings and the entertainment it provides the fans."

The renegotiation provides the Kings a one-year lease through the upcoming 2006/2007 season. The details of the lease are in a different format than previous lease agreements and it sets a new tone for future lease agreements, which will continue to benefit the Cotton Kings, the City of Lubbock and their involved offices/organizations. Under the new agreement, the Cotton Kings will continue to call the Lubbock Municipal Coliseum their home under a lighter rental fee than previous seasons, and they will receive some concession percentages for the first time in franchise history. There are various additional items within the lease and exact details of the lease can be found by contacting City of Lubbock offices.

The Kings were highly recognized during the Council Meeting for their contributions to Lubbock and the South Plains. It was announced that over the previous seven seasons, the Cotton Kings have raised over 40-million dollars in economic development, issued over 2-million dollars to Civic Lubbock and have spent 1.3-million dollars into Coliseum improvements. This past year, the Cotton Kings donated over $20,000 worth of charitable contributions into area non-profit organizations, they were named the Volunteer Lubbock "Volunteer Business of the Year" and the CHL named them as a finalist for the "Community Relations Franchise of the Year" honor. Those charitable contributions do not even include the funds raised by two-time CHL "Man of the Year" Paul Fioroni, who has devoted time raising thousands to assist various families and causes. The items mentioned by the City were to recognize the value of the Kings in the Lubbock community and to reveal the importance of a new lease and one that will shape future lease agreements.

These changes help the Cotton Kings organization to operate under a better business model and it allows longevity to benefit the City of Lubbock, the Cotton Kings and their fans/corporate supporters. Media members who were unable to attend the City's Council Meeting seeking additional information or interviews can contact Chris Due with the Lubbock Cotton Kings at 806-549-4228.

The Cotton Kings are currently preparing for their eighth season of professional hockey in the South Plains. The Central Hockey League has not released the schedule for the 06/07 season, but the 64-game schedule will be announced soon. The home opener is set for Saturday, October 21st against an opponent to be named later. Season ticket and corporate sponsorship information for the upcoming season is available by contacting the Cotton Kings office at (806) 747-7825. Additional 'Kings info can be found online via their official site at www.cottonkings.com.

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The opinions expressed in this release are those of the organization issuing it, and do not necessarily reflect the thoughts or opinions of OurSports Central or its staff.

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