New Orleans Louisiana Saints, Limited Partnership, Benson Football, Inc. Tax Matters Partner - Page 15

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               Shortly after the Sales Contract was executed, Benson began            
          lobbying the State Legislature to promote approval of the                   
          proposed lease inducements.  The Mecom group also engaged a                 
          lobbyist for this purpose.  Both parties were aware that Benson             
          would be unable to acquire the Saints without first obtaining               
          public sector support.  Accordingly, both resolved to persuade              
          the Legislature to approve the conditions set forth in the Sales            
          Contract.  Despite this collaborative effort, a resolution was              
          introduced in the Louisiana House of Representatives on May 16,             
          1985, to impose a dollar limit on the total lease inducements to            
          be provided by the State in the form of revenue derived from                
          concessions, box suites, and parking.  A similar resolution was             
          introduced in the Louisiana Senate on May 22, 1985.  Governor               
          Edwards actively opposed both resolutions, and both were                    
          subsequently defeated.                                                      
               Dissatisfied with the progress of negotiations and in light            
          of the recent legislative resolutions imposing a limit on total             
          lease inducements, Benson's representatives, in cooperation with            
          the Mecom Group, subsequently prepared a memorandum entitled "The           
          Saints Legislative Program" and presented it to the State                   
          Legislature.  Among other things, the document stressed that the            
          pending expiration of the 1975 Lease effected a substantial                 
          increase in the fair market value of the team due to the team's             
          ability to relocate to another State.  These efforts proved                 






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