No more suite deal for the Bucs games

If you were hoping to sit in the Trans Continental suite at Raymond James Stadium to watch the Tampa Bay Bucs, you've officially missed your chance. Here's Soneet Kapila's request to give up the luxury suite and club seats that Trans Continental had at RJ.

For those who always wondered what was involved in luxury suite agreement, here's the document Lou Pearlman and the Bucs' representatives signed in 2005. It's a 10-year agreement for suite US140, which is on the 45-yard line on the east side. It seats 12 in upholstered chair seats and four in bar stools. Sixteen tickets to each preseason and regular season game included. Price: $150,000 security deposit and $150,000 annual rent, subject to increases. In addition, Trans Continental had licenses on eight club seats (Document One, Document Two). The deposit was $1,750 for each seat, which may also have been the amount of the annual fee, but the documents are too blurry for me to decipher.

Kapila says he tried to sell Pearlman's interest in the licensing agreements, but didn't get any takers. He wants the court to approve rejecting the contracts. He says the Bucs agreed to cancel the agreements, waive any rights to damages and pay Kapila $3,000. It doesn't appear they'll be returning the security deposits.

Also: WESH story on possible plea agreement.

[Times photo]