There was the lockout, but the one-time payment to the team and the transfer of sponsorship rights will affect us from now on. The GMC task force is currently studying ways to expand and improve the Bradley Center. One proposal on the table is an additional 5,000-seat performance center adjacent to the Bradley Center. The proposed changes are being contemplated to increase revenue both for the center and for the Bucks. Club seating and other physical changes in the lower seating area, particularly in the end zones and corners, are being considered.
Cash flow is defined as the difference between bank accounts from year to year.
The transfer of sponsorship to the Bucks was done to help the franchise financially. The board's investment policy is very conservative, with much of the money in corporate bonds, treasury bills and federal, state and municipal securities. Those improvements includes new video boards on either end of the arena, new signage inside, plus landscaping and signage on the outside of the building. The Bradley Center has a lease agreement with the Bucks through Sept. 30, 2001. Skiles said the Bradley Center has extensions on current lease agreements with Marquette University, the Milwaukee Wave, the Milwaukee Mustangs and the Milwaukee Admirals.