[whodey17]

Originally Posted by Kasept

We've heard it before, but the details in Tom Precious' and Karen Johnson's piece at Blood-Horse lend credence... Draft of deal package circulating among legislators which is a good sign..

FULL ARTICLE:
http://news.bloodhorse.com/viewstory.asp?id=43526

A tentative deal is within reach to give the New York Racing Association a 25-year franchise to run Aqueduct, Belmont Park, and Saratoga, legislative sources said Feb. 6, the same day NYRA indicated live racing at Aqueduct could end Feb. 14. The second temporary extension for NYRA ends Feb. 13.

Officials, who spoke on condition of anonymity, said a framework deal includes a newly composed NYRA board, though NYRA would retain voting-majority control of the new board. It also imposes 10 benchmarks NYRA would have to meet over a four-year period, involving such things as attendance, fiscal performance, and backstretch conditions; failure to meet the benchmarks could result in revocation of the franchise.

The components of the proposal are contained in a 189-page draft that is circulating among the negotiators...

The key words in this piece are "fiscal performance." NYRA has never been able to demostrate any kind of fiscal performance except for a losing fiscal performance.