Arizona State Plans $210M Sun Devil Stadium Renovation

Law360, New York (January 15, 2014, 5:44 PM EST) -- Arizona State University's football arena, Sun Devil Stadium, will be getting a $210 million renovation that will be fully funded by private dollars, university officials said Wednesday.

The Tempe, Ariz.-based university has committed to invest $210 million in the project, but is looking to raise $50 million of that from private donations in a fundraising campaign, according to a statement. The rest will come from stadium operations, the sale of naming rights for the property and revenue streams coming from both a mixed-use development on campus...
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