The Centennial Authority received a lengthy update Friday — behind closed doors — on the ongoing lease negotiations with the Carolina Hurricanes.
The Hurricanes’ lease for the use of PNC Arena expires in 2024. The authority, the arena landlord, has hired CAA ICON, a strategic management consulting firm, to head up negotiations with Gale Force Sports & Entertainment, the Canes’ parent company.
Canes majority owner Tom Dundon has been active in the negotiations with Dan Barrett, executive vice president of CAA ICON. Barrett was the lead negotiator in working out a new 25-year lease between the Seattle Mariners and the Public Facilities District in Seattle.
Barrett and Josh Cohen, a firm vice president, handled Friday’s presentation to the Centennial Authority.
To read the full article, click here.