Cedar Fair reaches agreement for 49ers stadium, gets more favorable lease terms

Posted Monday, January 9, 2012 8:46 AM | Contributed by Scottt

Great America owner Cedar Fair on Friday agreed to allow the 49ers and Santa Clara to build the home field on one of its smaller lots and let fans park next door. The football franchise will pay $12.5 million. Starting in the next decade the park could keep its profits until it hits well past $64 million in revenue if Great America makes $10 million in capital improvements. The park, however, has been struggling lately and hasn't hit the revenue benchmark in five years.

Read more from The Mercury News.

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