Tuesday, November 24, 2009
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Judge clears $583,000 Pontiac Silverdome sale

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[November 24, 2009]  PONTIAC, Mich. (AP) -- A judge has cleared the way for Pontiac, Mich., to sell the stadium that was once home to the NFL's Detroit Lions to a Canadian company for $583,000.

The Lions abandoned the 80,300-seat Silverdome in 2002, when they moved to Detroit's Ford Field. Pontiac has been spending $1.5 million a year to maintain the largely unused stadium.

Oakland County Circuit Court Judge Edward Sosnick refused Monday to grant a preliminary injunction to Silver Stallion Corp., which made a $20 million offer for the Silverdome last year.

That deal fell through in a dispute over environmental cleanup costs.

Pontiac officials say the Canadian company, Triple Properties Inc. of Toronto, will take ownership within 45 days.

[Associated Press]

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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