[PdX Farr]

Correct me if I am wrong, but I read the offer that was given to PPS for the site and it stated they will pay $80 million or the appraised property value, which ever is higher.

In addition to offering the Banfield property as well, the offer stated they would also provide any other upgrades needed to that building including any new structures as well as continued financial support for future PPS projects such as new ball parks and what not.

I don't know how PPS's can turn that offer down. Its basically $80 mil in the pocket and all moving expenses paid. They need that money badly.