January 19, 2012

The New York Yankees Resign Joba Chamberlain for $1.6 Million

Filed under: News Alerts,Sports — Tags: , , , — ICTMN Staff @ 5:35 pm

Joba Chamberlain, Winnebago, the intimidating, 6-foot-2, 240-pound pitcher, avoided arbitration with the powerful Chamberlain by signing him to a one-year, $1.675 million deal, the New York Times reports.

This qualified as a small raise for Chamberlain, who earned $1.4 million in his injury-shortened 2011 season.  Chamberlain underwent Tommy John last June 16, after starting the season 2-0 with a 2.83 ERA.  Chamberlain’s career record is 20-13, with a 3.70 ERA in 193 games.  He will likely miss at least half of next season as he rehabs his throwing arm, hoping to return after the All-Star break.

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January 29, 2012

New York Yankees Joba Chamberlain Joins Center for Disability Services Telethon

New York Yankees pitcher Joba Chamberlain, Winnebago, will be part of the 52nd Annual Center for Disability Services telethon that airs tonight at 7 p.m. from Albany, New York. The telethon will be broadcast locally on WXXA/Fox 23 (cable channel 8) live from the Holiday Inn Albany.

Chamberlain is the featured guest at the telethon, signing baseballs for fans from noon until 3 p.m. He joins a long list of New York Yankees who have supported the Center for Disability Services telethon over the years, from recently retried Jorge Posado to manager Joe Girardi.

The center has been serving tens of thousands of individuals with disabilities for more than 65 years, with the mission of helping them lead healthy and enriching lives. It has been the place to turn to for “innovative services and expert care for individuals with disabilities and chronic medical conditions in the capital region,” their website states. “We provide services to more than 15,000 individuals -newborns to seniors – and their families at 85 locations throughout 9 counties in upstate New York.”

The Center for Disability Services is truly a vital community resource, reaching out to individuals, their families and all the caregivers who help support them, not only in upstate New York, but in and 26 additional states.  Often, the care that the center is able to offer can be found nowhere else.

If you’re in the area, tune into the telethon tonight and get a sense of the wonderful work they do.

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November 19, 2012

Winnebago Tribe Competes for Iowa Commercial Casino

Ho-Chunk Inc., the Winnebago Tribe’s economic development corporation, has submitted a bid to build a $122.3 million commercial casino and hotel in downtown Sioux City, Iowa.

The tribe is among three groups vying for the Iowa Racing and Gaming Commission’s (IRGC) Woodbury County gambling license. On November 15, Ho-Chunk, along with Sioux City Entertainment (SCE) and Penn National Gaming, provided proof they have the financial means to realize their proposed casinos, reported KTIV.com.

Names were drawn, and Ho-Chunk presented first. The corporation has secured $152.3 million in funding for its planned Warrior Casino and Hotel, including a $20 million investment from the Shakopee Mdewakanton Sioux Community (SMSC) of Minnesota, which Ho-Chunk CEO Lance Morgan called “probably one of the most successful gaming tribes in the country.” The SMSC operates Mystic Lake Casino in Minneapolis; the tribe has also agreed to provide a $9 million bridge loan for the proposed Iowa casino.

Ho-Chunk cited other investors as well as plans to use city tax increment financing for $25 million and debt financing for $58 million.

The extra $30 million in contingency funding stood to bolster the tribe’s pitch. “We wanted to show up here with no holes in this project,” CEO Lance Morgan told the commission, The Sioux City Journal reported. “We wanted to make sure you knew that we had more than enough resources for this project.”

The SCE, the developer of the proposed Hard Rock Hotel & Casino, along with the nonprofit gaming group Missouri River Historical Development, has identified as much as $138.5 million in funding through a mix of private and public financing for its $118.5 million project. Additional funds will provide “the opportunity to continue to grow, as we open the project, see what the demand is, and reinvest in the project, as opposed to having to stay static with the first phase of the project,” SCE President Bill Warner said.

The third contender, Wyomissing, Pennsylvania-based Penn National Gaming, the nation’s second-largest gaming operator, is proposing two casino options at more than $160 million each.

“Penn National requires no financing to move forward with our proposals and can fund either of these projects with cash flow from existing operations,” Penn chairman and CEO Peter Carlino said in a statement.

IRGC Chairman Jeff Lamberti said all three groups “met that minimum threshold.”

In January, the groups will make 45-minute detailed presentations on their proposals to the IRGC, and the commission will decide which company will receive the gaming license on April 18.

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