WHY THE KFC YUM! CENTER WILL FAIL AND LEAVE TAXPAYERS ON THE HOOK – Denis Frankenberger

July 20, 2013 By Author – Denis Frankenberger

(The Yum Center in Louisville is claimed to be facing the following problems.)

For more info go to: www.billiondollarbasketball.com

Over $800 million in Debt
 Operating Costs Exceeding $92,000 per Day
 Lease Giving Away Millions to Tenant and Others
 Losing more than $50,000 per day during 2011, more than
$37000 per day during 2012
 More than $30 million in losses since opening
 Financial Impossibility to Succeed
 A Lease that is Choking the Financial Life from the Arena
(unless the Lease is renegotiated)

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