For the second time in a week, Joe Montana's business dealings are making news.
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It’s hard to imagine the Bay Area’s love affair with Joe Montana ever ending in divorce. But the way the past few months have gone with the 49ers legend, we may see just how much give their relationship holds.
The deal Montana and his partners struck with Santa Clara reportedly went down within the last few weeks and gave Montana rights to land to develop into a $400 million development project that includes a hotel, offices and a restaurant named after Montana. However, according to the new report in the Chronicle, the 49ers claim their 2012 stadium deal with the city grants them rights to part of the land brokered in Montana’s development deal, and that land is set to be used for 789 parking spots for Levi’s Stadium, set to open in August.
The majority of the Montana development is reportedly slated to be "next door" to the stadium. And like a modern-day Hatfields & McCoys, an amicable solution thus far appears out of the question, despite the glorious history shared by the two sides.
"(The 49ers’) position has been that unless we find other parking acceptable to them, they may not allow the project to go forward," Santa Clara city manager Julio Fuentes told the Chronicle.
And, according to the report, the franchise is not interested in sharing the spots with Montana.
Just sharing parking spaces with the development won’t do, the team says. Niners President Larry MacNeil told city officials in a letter Feb. 10 that if Montana’s $400 million project goes ahead, Santa Clara needs to come up with 8.5 acres of replacement parking free of charge.
The Chronicle reported that Santa Clara has come up with 4,000 parking spots, most of which the 49ers have rejected as "too distant, too waterlogged or beset by other problems." In return the franchise has proposed the use of nearby youth soccer fields as event-day parking lots, but the city is opposed to that idea.
For its part, the city is far from giving up hope.
"This is the beginning of the discussion … I’m sure we will work through the issues," Santa Clara mayor Jamie Matthews told the Chronicle. The Chronicle said that the attorney representing Montana’s group had yet to return calls for comment.
Montana spent 16 seasons in the NFL, the first 14 with the 49ers and the final two with Kansas City. (He sat out the 1991 season and played in only one game in 1992 — his final two seasons with the 49ers.)
He won four Super Bowls with the 49ers and is the only three-time Super Bowl MVP. He was inducted into the Pro Football Hall of Fame in 2000.
Levi’s Stadium is a 68,500-seat facility whose cost is reportedly in the range of $1.2 billion to $1.3 billion. Funding was secured primarily through a loan taken out by the city of Santa Clara; but the 49ers have guaranteed the city the team will pay back any part of the loan the Santa Clara Stadium Authority cannot. The stadium is scheduled to host Super Bowl L in 2016 and WrestleMania 31 in 2015.