News Article: Hurricanes Extend Lease at PNC Arena for Five Years

[Boom Boom Apathy]

TSMC may even become the only real option for "leading edge" if things continue as they have been. Their processes seem to be notably more dense than Samsung's equivalent processes, and TSMC's yield rate has been absurdly high in recent years. Samsung's yield rate on the other hand has been pretty atrocious, even for smaller parts.

Yep, TSMC is the gorilla in the room for sure. I remember early in my career giving a VIP a tour of a Fab. After the first 10 minutes, his response was: "It's amazing that you are able to yield anything".

And unfortunately, even if an American company did decide to build out a leading edge fab, in addition to the massive funds required and years to build out the plant, they would also be limited by ASML's production capacity. Every machine they produce is spoken for, and without EUV lithography, competing at the leading edge is going to be nigh impossible.

Yeah, like I said, there's no quick fix. Early in my career, I managed a lithography development and engineering group. Back then, we were looking into Deep UV, mask compensation and phase shift technology to get to the next level. I left that job before EUV came about, but was still in a group that was responsible for technology development and qualifications so stayed in touch with it. Been following it ever since, even in retirement.

I'd expect Intel's fabs to get back on track at some point, but TSMC is definitely is not making it easy for them to catch up.

I hope you are right, but I fear it's a long ways off.

 

[BrindAmours Army]

Yep, TSMC is the gorilla in the room for sure. I remember early in my career giving a VIP a tour of a Fab. After the first 10 minutes, his response was: "It's amazing that you are able to yield anything".



Yeah, like I said, there's no quick fix. Early in my career, I managed a lithography development and engineering group. Back then, we were looking into Deep UV, mask compensation and phase shift technology to get to the next level. I left that job before EUV came about, but was still in a group that was responsible for technology development and qualifications so stayed in touch with it. Been following it ever since, even in retirement.

I hope you are right, but I fear it's a long ways off.

Oh nice! I have 0 professional/real world experience with anything related to lithography, but find it very interesting. Have been following the industry for several years and enjoy pretending to understand 20% of whatever is discussed in articles/releases

 

[Chrispy]

Oh nice! I have 0 professional/real world experience with anything related to lithography, but find it very interesting. Have been following the industry for several years and enjoy pretending to understand 20% of whatever is discussed in articles/releases

You're doing much better on this tangent than I am:

 

[Svechhammer]

Hurricanes negotiating arena naming rights extension with PNC

PNC and the Hurricanes have agreed to a 90-day extension of their 20-year lease agreement, which was set to expire on Aug. 31. The entities are in an exclusive negotiation period, Hurricanes general manager Don Waddell told WRAL.

The arena, first called the Raleigh Entertainment and Sports Arena, has been named PNC Arena since March 2012. Before that, it was called the RBC Center. But PNC took over the lease as part of its acquisition of part of RBC. The 20-year agreement was worth $80 million.

...

"Gale Force and the bank, PNC, are in negotiations as we speak for an extension to that agreement," Centennial Authority CFO John House told the committee. "They signed a 90-day extension, if you will, to finalize that extension."

Asked by a board member about the long-term naming rights, Waddell demurred.

"We're in negotiations right now," Waddell said.

...

With the 90-day extension, the arena will be called PNC Arena when the Hurricanes open their season and when NC State's men's basketball takes the court for the first time this regular season against Austin Peay on Nov. 7.

 

[Boom Boom Apathy]

So the fake Stanley warehouse account was wrong?

 

[LostInaLostWorld]

Hurricanes negotiating arena naming rights extension with PNC

I've known House since 1968. He won't tell me sh*t about anything to do with the Authority that hasn't been made public already. And don't even ask for tickets to anything. He is 100% aboveboard. (Was Raleigh's comptroller for many years).

"Gale Force and the bank, PNC, are in negotiations as we speak for an extension to that agreement," Centennial Authority CFO John House told the committee. "They signed a 90-day extension, if you will, to finalize that extension."

 

[Svechhammer]

Incognito Mode is your friend

ARENA UPGRADES, DEVELOPMENTS ELSEWHERE

...

Some or all of those surface parking spots would have to be converted into parking decks to allow the development of that land. The N.C. State Fair also uses those lots for fairgrounds parking.

...

Proposed plans for the renovation of PNC Arena completed by Ratio and HOK would include expansion of an indoor/outdoor plaza area on the south end of the arena, expansion of the Hurricanes team store and improvement to concourse areas including the addition of “view terraces” on the upper concourse.

Barrett made clear a long-term lease is essential for all parties as any renovations or development move forward, with the ancillary development and entertainment district a key component in those negotiations.

‘POTENTIAL THREAT OF RELOCATION’

...

The CAA ICON report said: “While the scope, scale and focus of a renovation will be central to a long-term lease extension with the Hurricanes, it must also adequately address the needs of N.C. State and other building users.”

...

“What’s important in this location particularly, because it’s not a downtown location, the first phase has to have a certain critical mass so that it is a destination in and of itself,” Barrett said. “It can’t just be driven by when events are happening at the arena or stadium.”

The report noted that the “potential threat of relocation has often driven the cost and funding for NBA/NHL arenas, particularly in smaller markets such as Raleigh.” The report included a list of nine “rumored NHL relocation markets” such as Houston and Portland, Oregon. NHL commissioner Gary Bettman alluded to the possibility such of a move when he visited Raleigh in May.

 

[AD Skinner]

Don't let the main board catch wind of that last bit. Its all posturing I imagine but still

 

[tarheelhockey]

Don't let the main board catch wind of that last bit. Its all posturing I imagine but still

It’s the usual talking points when pressuring a municipality for public money. Not meaningful in this context, but people will find a way to make a mountain out of every molehill.

 

[Boom Boom Apathy]

Don't let the main board catch wind of that last bit. Its all posturing I imagine but still

Meh, it's easy to just ignore those threads and posters. When we don't engage, they eventually move along to something else.

 

[Discipline Daddy]

It’s the usual talking points when pressuring a municipality for public money. Not meaningful in this context, but people will find a way to make a mountain out of every molehill.

Since NC State plays a home game in the PNC most years maybe we can take a page from the Zona playbook and play all our home games at NCSU's state of the art hockey arena.

 

[raynman]

Since NC State plays a home game in the PNC most years maybe we can take a page from the Zona playbook and play all our home games at NCSU's state of the art hockey arena.

Honestly if I was an Arizona fan who lived close to the arena I’d be kinda pumped about them playing in a small arena. I bet the atmosphere is gonna be all kinds of fun, well it would be more fun if they were a playoff team. Imagine a Cup Final game in an arena with a max capacity of 5,000 fans haha

 

[MinJaBen]

Honestly if I was an Arizona fan who lived close to the arena I’d be kinda pumped about them playing in a small arena. I bet the atmosphere is gonna be all kinds of fun, well it would be more fun if they were a playoff team. Imagine a Cup Final game in an arena with a max capacity of 5,000 fans haha

I can imagine the ticket prices…..what if the Leafs and the Yotes were in the cup final? $10000 a ticket?

 

[tarheelhockey]

Honestly if I was an Arizona fan who lived close to the arena I’d be kinda pumped about them playing in a small arena. I bet the atmosphere is gonna be all kinds of fun, well it would be more fun if they were a playoff team. Imagine a Cup Final game in an arena with a max capacity of 5,000 fans haha

If they make the Finals while playing in that arena, I will laugh my ass off every time I think about it.

 

[raynman]

If they make the Finals while playing in that arena, I will laugh my ass off every time I think about it.

One of the greatest achievements in anything let alone sports

 

[chaz4hockey]

Triangle Business Journal Editor-in-Chief editorial re: Dundon.

https://www.bizjournals.com/triangle/news/2022/12/01/naming-rights-pnc-arena-land-carolina-hurricanes.html?utm_source=st&utm_medium=en&utm_campaign=EX&utm_content=ra&ana=e_ra_EX&j=29858794&senddate=2022-12-01

Editorial says (I wonder about the timing of this btw):
1) take the naming rights renewal with PNC (about $4M) since rights market is cooling due to inflation

2) $200M of stadium upgrades requested by Dundon: answer-"The question is, why should they?" "Dundon is from Dallas and has been resistant to committing long-term to this community. He is most interested in real estate development around the arena because he can make hundreds of millions of dollars by developing that land with a local or national real estate developer"

3) Real Estate Development: "Dundon wants land near the PNC Arena so he can commission a real estate developer to build homes, retail, restaurants, a sportsbook, and other structures." Answer: nah. There’s one problem with that — most of the land around the PNC Arena either belongs to the state of North Carolina, N.C. State or the Centennial Authority. And they are not ready to give any of it away. They may partner with Dundon if it makes sense, but N.C. State simply will not give up parking spots near their football stadium so high-priced condos can be built with infinity swimming pools."

 

[Svechhammer]

 

[Negan4Coach]

Well at least it's not going to be named the "Slama-lama Ding Dong NFT Ripoff Experience Center" or the "Confederate Statue Perpetual Destruction Pledge Arena" or something like what some other more recent teams have done...

 

[tarheelhockey]

Dundon so cheap he didn’t want to order new letterhead

 

[LakeLivin]

Well at least it's not going to be named the "Slama-lama Ding Dong NFT Ripoff Experience Center" or the "Confederate Statue Perpetual Destruction Pledge Arena" or something like what some other more recent teams have done...

Should have put it to a public vote. We could have had "Rinky McCourt Face Arena".

 

[robbieberns]

Negan coming in here and immediately using it as an opportunity bitch about people wanting confederate statues removed is so on brand it hurts

it’s like someone prompted an AI by saying “come up with a way to turn the PNC Arena renewal of naming rights news into whichever conservative parrot talking point you want”

 

[chaz4hockey]

Negan coming in here and immediately using it as an opportunity bitch about people wanting confederate statues removed is so on brand it hurts

it’s like someone prompted an AI by saying “come up with a way to turn the PNC Arena renewal of naming rights news into whichever conservative parrot talking point you want”

To be fair, thats social media these days with folks spouting their political Viewpoints L&R in various and sundry posts (including here).

 

[chaz4hockey]

Coming to section near you at PNC:

Legal sports betting a step closer to becoming law in NC

HB 347, known as the "Sports Wagering Bill," -- passed a final House vote 64-45 and now heads to the NC Senate.

abc11.com

 

[Borsig]

Should have put it to a public vote. We could have had "Rinky McCourt Face Arena".

Why?

We voted AGAINST the arena when In lived in Charlotte. Overwhelmingly. And out faces got laughed in and we literally got told "f*** you were building it any way"

It was 57 to 43 against. But the referendum was "non binding" and Shinn literally laughed at the voters and got his arena.

That was one of the things that taught me to hate governments.

 

[Negan4Coach]

Should have put it to a public vote. We could have had "Rinky McCourt Face Arena".

LOL, if they did that they may have wound up with the "Hitler Did Nothing Wrong Arena", as Mountain Dew sadly learned years back.