Penguins sign lease for Pittsburgh arenaPenguins sign lease for Pittsburgh arena
The Pittsburgh Penguins signed a lease Thursday, committing the NHL team to its yet-to-be built $290 million arena until 2040. The lease terms were in accordance with a March memorandum between the team and government officials, Gov. Ed Rendell said Thursday. The city-Allegheny County Sports and Exhibition Authority committed Wednesday to construction financing, and the deal should close in the…