Monday, August 9, 2010

Bartering With The Greensboro Coliseum Part #1 WFMY News 2

News 2 Barter Agreement With Greensboro Coliseum

The Greensboro Coliseum has barter agreements with some local companies and with the last Greensboro City Council meeting on 7-20-2010 they were funding a new facility called the VIP Room. It was pointed out on  another post at  TRIADWATCH CLICKHERE  about questions for Coliseum Director Matt Brown in regards to bartering services and construction jobs at the coliseum . This post and other post in the coming days will show you what we received in a open records request under North Carolina state law inquiry into the barter agreements at the Greensboro Coliseum.

The first local company is WFMY News 2 which had one of the simple barter agreements as you can see above in a scribd version of the agreement. It looks like they pay for 2 Carlyle Club tickets for $5,000 cash then they trade for the other 2 tickets for a total aggreement of $10,000 with a 3 year deal that ended on 7-31-10. The letter from News 2  business manager Laura Smith states "The trade being provided by WFMY in exchange for 2 Carlyle Club memberships is for advertising with WFMY".

If you would like to see what the Carlyle Club looks like CLICKHERE , here is a brief description of what the Carlyle Club offers but it might just be called 'The Club" without Carlyle for the future.

The Club

We invite individuals and corporations to become members of Greensboro's exclusive sports and entertainment club and experience all the Coliseum has to offer from reserved premium Club level seats.

Your membership to The Club includes these exclusive privileges:

• A luxuriously upholstered arena seat in the carpeted prime mid-court or end-court upper level Club sections

• Professional wait staff service at your premium Club seat

• Complimentary tickets* to major Coliseum events

• VIP parking and private Club entrance

• Full access to Club facilities, including bar/lounge/dining area and private restrooms.

• Buffet service for Club Members only

Look for more post in the coming days on other local companies who barter and have advertising agreements with the Greensboro Coliseum.

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