Predators tax issue not an issue after all

As an update to this morning's story about the Nashville Predators possibly underpaying the ticket tax that they provide to the Nashville Metro government, the Tennessean reports this afternoon that the discrepancy is due to a mistake made in the approved version of the Sommet Center lease. This admission comes from Larry Thrailkill, the lawyer who represented the city in the negotiations.

Under the terms of the old lease the team could pay 5 percent of the ticket price or a $1.75 – whichever was less. In an e-mail this afternoon to The Tennessean, Thrailkill said the lawyers had meant for the language in the new lease to include the 5 percent but it was omitted. It was the document that the Metro Council approved last year. Thrailkill said the language needed to be corrected.

"Due to a mutual misunderstanding by the lawyers, the Amended and Restated documents omitted the 5% language," Thrailkill said. "You have identified this mistake in the drafting and it should be addressed and corrected; however, the parties have charged, collected and paid the seat use charge consistent with the intentions of the parties to the negotiation and the term sheet."

In other words... "oops!" It appears that the team is indeed paying what it is supposed to. Is Tennessean reporter Brad Schrade still pushing the "pro sports team screwing the city" angle, however?

In a remarkable admission, Metro’s chief negotiator in the Nashville Predators deal said today that he and the team’s lawyers with Waller Landsen Dortch and Davis, who all drafted and reviewed the team’s renegotiated lease with Metro for use of the Sommet Center, messed up.

And the taxpayers of Davidson County may be poorer for it.

The statement from Thrailkill says that everything is working as intended, just that the document needs to be fixed. it turns out that the $400,000 that Schrade thought he had found the city was never out there, but it seems like he's trying to beat that drum anyway.

 

 

 

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join On the Forecheck

You must be a member of On the Forecheck to participate.

We have our own Community Guidelines at On the Forecheck. You should read them.

Join On the Forecheck

You must be a member of On the Forecheck to participate.

We have our own Community Guidelines at On the Forecheck. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_9355_tracker