City of Borger

PRESS RELEASE

For Release on May 15th, 2024

Contact: Amy Fesser Borger, Inc. | afesser@borgeredc.com

Robert Wilson | robert@bfac.com

828 Sports Ventures Proposes $100 Million BoomTown MultiDome Sports Complex in Borger, Texas

Borger, Texas – 828 Sports Ventures will be building one of the largest multisport complexes in Texas in the city of Borger, the Atlanta based company announced today.

The proposed $100 million travel sports destination will be on an estimated 100 acres in Borger.

The massive BoomTown MultiDome Sports Complex will include many indoor courts and fields supporting up to 17 different sports, a family-style water park attraction inside the AquaDome, meeting spaces, on-site play and stay hotel and restaurants (a combination of national brands and popular local spots). The BoomTown MultiDome Sports Complex will also have a sports institute and training education area. In addition, the BoomTown MultiDome Sports Complex will have the ability to host high school and college graduations and various events for schools and companies in the Borger area. Training for regional first responders will be an important part of the BoomTown MultiDome Sports Complex.

Sports tourism has become a $91.8 billion industry in the United States with research and financial projection data showing that the BoomTown MultiDome Sports Complex is expected to create upwards of $75 million in annual economic impact to the Borger and Panhandle area. The 828 Sports Ventures group predicts up to 1.2-1.5 million visitors to the complex at its peak performance.

The BoomTown MultiDome Sports Complex will have a unique geographic advantage and ability to connect millions of travel sports athletes and their families, all within a six-hour drive time from not only Texas but also New Mexico, Colorado, Oklahoma, and Kansas and major markets like Dallas, Albuquerque, Oklahoma City, and Denver. The 828 Sports Ventures group brings a combined 80-plus years of professional experience between Chief Executive Officer and renowned NBA certified player agent DeAngelo Simmons and longtime private equity investment executive and Chief Investment Officer Larry Fortune, Chief Operating Officer Brandon Williams,

and Director of Sports Tourism Don Staley. Specifically, over the course of his career, Simmons has negotiated over $200 million in player contracts and Fortune has spent the last decade initiating sports complexes in similar growing areas of the country such as Alabama, Arizona, California, Florida, Georgia, Mississippi, Tennessee, and more.

"On behalf of 828 Sports Ventures, we are thrilled to announce our plans to develop one of the nation's premier sports destinations in the Borger community,” Simmons said. “More importantly we are excited to become part of this wonderful community. 828 Sports Ventures has had numerous invitations to build this facility in a multitude of locations around the country. So, the question most often presented to me is 'Why Borger, Texas?' and my response is 'Why not Borger, Texas?’ During this due diligence process for the past six months, I have personally become fond of the Borger leadership officials. Our faith-based company values are representative of our personal values, and I am confident they align perfectly with the community and the people of Borger. Borger presents a very strategic regional location and provides our business model with incredible access to young athletes and their families across the Midwest. Our facility will change the business landscape of the city. It will change the economic balance and spur incredible growth and new job opportunities in the region. It will also change lives. We are keenly aware of the recent and unfortunate wildfire devastation in the region, and we feel our

development is an added blessing in the rebuilding process. Our financial investment in this project is also an investment in the people. We look forward to working with everyone in the panhandle to make this place an incredible destination."

“The BoomTown MultiDome Sports Complex is a sports tourism destination and not just a place to play ball,” Fortune said. “Of course, we will focus much of our attention in becoming the choice location for travel sports for the entire Midwest. With nearly one million square feet of indoor playing surfaces our Borger property will also become a national training center and sports industry educational hub. Only one percent of all young athletes make it to the next level however that doesn't mean their sports career is over should they not get a scholarship or be drafted into the big leagues. Our BoomTown MultiDome Sports Complex in Borger will provide specialized education, certifications, and pathways to become a sports agent, a professional umpire, a sports broadcaster, a sports journalist, sports medical technician or how to become a big-league front office executive. At the BoomTown MultiDome Sports Complex, 828 Sports Ventures will be working with some of the largest sports brands and tech giants in the world as part of their research and development efforts. Not only will we be developing next generation ball players, but we will also be developing next generation sports industry leaders. We believe the BoomTown MultiDome Sports Complex will be the most technology advanced sports complex in the country.”

After numerous meetings with the Economic Development Corporation and the City of Borger spanning over a six-month time period, 828 Sports Ventures unveiled a comprehensive plan and execution strategy on the benefits and forecasted economic impact for the Borger community and the surroundings areas.

"I am thrilled to welcome 828 Sports Ventures to the Borger Community,” Borger Mayor Karen Felker said. “This $100 million investment in the BoomTown MultiDome Sports Complex not only promises to enhance our community's recreational opportunities but also positions Borger as a premier destination for sports tourism, supporting our community vision of becoming the desired destination of the Panhandle.

“With its state-of-the-art facilities and commitment to sports education, the BoomTown MultiDome Sports Complex will not only attract athletes and families from across the region but also support job training and local industrial diversification. This project continues to show why Borger remains ‘Where Opportunity Booms.’ "

Amy Fesser, Executive Director of the Borger Economic Development Corporation, reminds us that economic development is more than just creating jobs, diversifying industries, and achieving stability. It's about a deeper transformation – redefining your community, region, and beyond, unlocking potential and possibilities. "Every economic developer chases that 'Big Win Project,' " Fesser said. "These projects are like a gift, the favor of God. They don't just bring positive impacts; they have the power to revitalize a community and create a wealth of opportunity. Just as John F. Kennedy said, 'a rising tide lifts all boats.' The 828 Sports Venture Project – BoomTown MultiDome Sports Complex – has the potential to be that rising tide, transforming the future of the Borger community, the Panhandle region, and beyond."

The executives of 828 Sports Ventures are scheduled to speak and present pertinent details of the BoomTown MultiDome Sports Complex project at a news conference Wednesday, May 22 at 9 a.m. at the (Borger) Dome Civic and Convention Center, 1113 Bulldog Blvd, Borger, TX 79007.

For media inquiries or interview requests, please contact Amy Fesser (afesser@borgerebc.com) or Robert Wilson (robert@bfac.com).

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About 828 Sports Ventures: The mission across the accomplished 828 Sports Ventures organization is to foster sports communities throughout the country by offering expert level coaching, comprehensive representation, a dedication to the full development of both student and professional athletes in both athletic and life skills, and to stimulate community economic growth and engagement. We are dedicated to cultivating growth in sports, entertainment, content, tech, and data sectors while sharing our profound passion for sports and life enrichment, with people throughout the nation.