Money sticking point for Liberty Bowl upgrades - WMC Action News 5 - Memphis, Tennessee

Money sticking point for Liberty Bowl upgrades

MEMPHIS, Tenn. (AP) - Memphis City Council member Reid Hedgepeth is proposing an upgrade of Liberty Bowl Memorial Stadium, but the sticking point is funding.

Hedgepeth said he would like tenants to put up a collective $500,000 per year over a 15-year span to update the 47-year-old stadium. The councilman said if stadium users won't join in, he won't present the renovation proposal, according to The Commercial Appeal.

The city owns the stadium where the Auto Zone-sponsored Liberty Bowl game is played each year. The University of Memphis plays its regular schedule of football games there and the school has recently been accepted into the Big East Conference.

While there has been more discussion of fixing up the stadium, the city is dealing with a $47 million budget deficit for next fiscal year.

Information from: The Commercial Appeal.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by Frankly