Ohio State mum on arena deal with Blue Jackets
Tue, 01 Jun 2010 21:18:01 GMT —
Ohio State University is declining to reveal certain financial details of its new deal to manage Nationwide Arena, home of the Columbus Blue Jackets.
Ohio State, which manages the nearby Value City Arena, is booking concerts and other events at both venues. The move is expected to save the hockey team about $1 million a year and at least $250,000 for the school because of lower administrative costs.
The Columbus Dispatch reported Sunday that it requested a copy of the contract. The university released it but blacked out details on revenue distribution, saying that is protected by trade-secret laws.
Benjamin Johnson, a California attorney who specializes in trade-secret law, says Ohio State is a public institution and the public has a right to see a financial breakdown of the deal.