Ticats to commit $74-million to stadium site

The Hamilton Tiger-Cats have responded to facilitator Michael Fenn's report on the new Pan-Am Stadium.

In a letter to Hamilton mayor Fred Eisenberger, Ticats owner Bob Young says the CFL club has selected the east mountain location, at the Linc and Red Hill Parkway, mentioned in Fenn's report as their preferred location.

The Tiger-Cats are committing $74-million to the proposed 2015 Pan Am Games stadium, including $15-million towards the cost of the stadium, and $10-million toward the transition costs between today and opening the new stadium.

The Ticats will also cover estimated operating costs of the new stadium at the price of $3-million over the next 10 years, totaling $30-million.