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Politics : Sharks in the Septic Tank -- Ignore unavailable to you. Want to Upgrade?

To: Lane3 who wrote (22697)	8/17/2001 1:49:23 PM
From: one_less	Respond to of 82486

There is something almost daily: Here is what's up today from the front page of the Denver Post. Friday, August 17, 2001 - Denver is selling the "Mile High Stadium" trademark to the Denver Broncos in exchange for an $85,000 luxury suite at the new stadium for 20 years. DISTRICT APPROACHED CITY ABOUT 'MILE HIGH' The Metropolitan Football Stadium District tried to get the "Mile High" trademark from the city of Denver after it sold the naming rights to Invesco Funds Group. District spokesman Matt Sugar said the request, made in June, was to protect the Mile High name from others who may have sought the trademark. In January, the stadium board approved a 20-year, $60 million naming rights deal with Invesco. ................. Most people criticized the deal, but several acknowledged that once the old Mile High Stadium is torn down, the trademark might become worthless. Denver businessman John Hickenlooper, who fought to retain the Mile High Stadium name for the new facility, sees value in the deal. ..... Denver trademarked the Mile High Stadium name in 1998 after a reporter asked the city who owned the name. During construction of the new stadium, Mayor Wellington Webb strongly opposed selling the naming rights. In January, the Metropolitan Football Stadium District sold the rights to Invesco Funds Group for $60 million over 20 years. The stadium district and Invesco had trouble trademarking the Invesco Field at Mile High name because it resembles the city's trademark and approached the city July 10 about relinquishing the Mile High Stadium name. "We're now conforming to reality as business people," said Wortham. Despite the deal, Webb will call the new facility Mile High Stadium, spokesman Andrew Hudson said. These paragraphs are some snippits out of a long front page article.