No Consensus (Yet)
The NEHBPA board met on Sunday to discuss the latest offer from Suffolk Downs for the 2011 meet, but a consensus on the terms could not be reached, reports Lynne Snierson:
“There was a lot of talk but there is no agreement yet,†said one board member who asked not to be identified. “Our discussions were mostly about clarification, of both exactly what Suffolk is offering and of what we want and what we can accept. There is no consensus among us at this time, but one may be within reach.â€
Details of the proposal have not been confirmed. Both sides may have moved toward a compromise on purses and days, with Suffolk reportedly upping its offer for total purses to $8.4 million* from $7.5 million and the horsemen giving way on the 100-day meet minimum the group has sought. Snierson indicates that the simulcasting revenue split, which the horsemen have argued should be 50-50, may also still be in contention. The board will meet again tonight to discuss the proposal; updates here as available.
*The total of the new offer from Suffolk is in line with the counter-offer made by the NEHBPA to the track on February 10, which proposed purses based on available revenue and 100 days. A source confirms the track is proposing average daily purses of $103,000 to $110,000 for 75-85 days of racing.
1:15 PM Addendum: More from Snierson:
Suffolk Downs has threatened to shut down in March if the New England Horsemen’s Benevolent and Protective Association and other chapters across the country do not restore simulcast signals by Feb. 26, according to a source close to the negotiations in the ongoing dispute …
A racetrack source said there was no deadline for the offer, but indicated that it was important for the blocked simulcasting signals to be restored quickly or purses and days on offer for the meet were in danger of being cut due to lost revenue. During the weekend of February 12-13, the first full weekend Suffolk was unable to simulcast such tracks as Aqueduct and Gulfstream, handle was down approximately 50% over the equivalent weekend the year before.
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