On Oct. 9, 2018, another deadline came and went in Precourt Sports Ventures’ negotiations with the City of Austin for a stadium lease on the McKalla Place site. The term sheet that was approved by the Austin City Council on Aug. 15 listed Oct. 9 as a date where PSV or the City of Austin could independently terminate the stadium deal if an agreement had not yet been reached.
At the time of this publication, a stadium agreement has not been reached. Now either Austin or PSV can decide that they don’t like the deal that is being negotiated.