February 12, 1987
Santa Clara gives the 49ers a decades-long sweetheart deal on rent for their training facility near Great America. (By 2011, the 49ers will only pay about $2200/month for 11 acres while nearby hotels lease land from Santa Clara for millions per year.) Contrary to what Mayor Patricia Mahan will say in a stadium debate in May 2010, the lease specifies that Santa Clara pay for the infrastructure leading up to the training center property.
San Francisco Chronicle, March 22, 2000: "DeBartolo, who won the license for a riverboat casino in Bossier City, La., in partnership with a Dallas company, relinquished it after being summoned before a federal grand jury and refusing to answer questions about the deal."
49ers owner Eddie DeBartolo had to give up control of the 49ers to his sister, Denise DeBartolo York. He never regained control.
Despite passage of a $100 Million stadium bond measure in San Francisco, new 49ers owners Denise DeBartolo York and her husband, John York, eventually look to Santa Clara for a new stadium.
In 2009 Forbes lists Denise DeBartolo's net worth as greater than $900 million (she barely missed the cutoff for being one of the 400 richest people in the country).
In Sept. 2009 Forbes described the 49ers as 'desperate' for a new stadium to increase NFL revenues. Forbes wrote in Sept. 2010 that a new stadium would increase the 49ers valuation by $200 million. Click here for Forbes Sept. 2011 valuation of the 49ers, currently at $990 Million.