NASHVILLE, Tenn. (AP) — The Nashville Predators finally have the kind of security the former expansion franchise has been wanting for years after agreeing to a new 30-year arena lease that runs through 2049.
The Predators announced the agreement Thursday for Bridgestone Arena at a Metro Nashville Sports Authority meeting. The sports authority is expected to vote on the new lease next month.
“This is exactly where we want to be — in the center of downtown and playing an integral role in our community’s growth and development for the next 30 years,” said Sean Henry, Predators’ chief executive officer and president.
The extension comes 12 years after Craig Leipold, now owner of the Minnesota Wild, announced a deal to sell the franchise to Canadian billionaire Jim Balsillie. That deal in May 2007 fell through after Balsillie started taking season-ticket deposits in Hamilton, Ontario, and local businessmen bought the team instead.
Since the Predators and Nashville revised the arena lease last in 2012, more than $78 million has been spent on improvements and renovations. Bridgestone Arena has hosted…