PFE scores cash cow and big game
Aramark gets nod to run PGE Park's concessions in return for $2 million
Baseball is synonymous with hot dogs and peanuts. Naturally, this afternoon's Seattle Mariners-San Diego Padres exhibition game will have ample amounts of both.
Portland Family Entertainment, which operates PGE Park for the city, has agreed to a contract with Aramark to assume the stadium's concessions contract. Aramark will pay PFE $2 million plus a percentage of its sales to oversee concessions at the park.
The agreement means that PFE can begin repaying debts accrued under the company's former stewards, said PFE General Manager Mark Schuster.
'The payment is coming in one lump sum, and we'll use it to pay down our list of creditors,' Schuster said. 'We'll receive the payment within 24 hours of reaching a signed agreement. Then, within a day, we'll have the capital to pay the creditors.'
The $2 million will pay off the remainder of PFE's debts, Schuster said.
The agreement includes an interim contract that allows Aramark to oversee concessions at today's Mariners-Padres exhibition game, which begins at 1:05 p.m.
Schuster said if the Aramark agreement had not been reached, PFE would have overseen the concessions, as it did last year.
While Aramark will offer ample portions of its own food, the contract stipulates that such ballpark favorites as Good Dog/Bad Dog hot dogs and sausages and Pizzicato pizza will remain at the stadium.
Good Dog/Bad Dog owner Ted Gamble said he's thrilled with Aramark's involvement.
'They're taking a professional attitude about it, and that professionalism really shows,' Gamble said. 'They're going to do a great job.'
Gamble acknowledged that his restaurant received valuable exposure from last season's PGE Park presence.
'I'm just hoping we have as much fun this year as we did last year,' he said.
The Mariners and Padres said the bulk of today's starting lineups will include starters.
PFE spokesman Chris Metz said extra Tri-Met trains and buses will be available to provide transportation to and from the game. Fans going to the Sunset and Beaverton transit centers can take special buses that will board on Southwest Morrison Street between 16th and 18th avenues.
The Salmon Street train station will be closed to prevent 'shortcut' boarding by eastbound passengers, Metz said.
What's more, Southwest 18th Avenue will be closed between Burnside and Salmon streets between 8 a.m. and 6 p.m. At the same time, Southwest Morrison Street will be closed between 16th and 20th avenues.