Saturday, February 20, 2010

The Los Angeles Gorillas?

Another quick nugget from Jamie's filings:
The proceeds from [a planned $125 loan] were intended to get the McCourt Enterprise to 2013, at which time its intention is to launch the [Regional Sports Network]. . . . As set forth in [Frank's financial advisor's] email, the McCourt Enterprise intended to use part of the loan proceeds to cover the cost of "entitling" the land in Chavez Ravine for "Gorilla," the name given by the McCourt Enterprise to the contemplated stadium project for a new Los Angeles-based NFL team.
I suppose Gorilla could just be the code word for the stadium itself. Which is good, because Los Angeles Gorillas doesn't make a whole lot of sense.

I'm still getting through all the docs, but we'll have some fun things to talk about later this afternoon.

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