The Cary Invasion semiprofessional basketball team has played its home games in downtown Cary since it was founded in 2010.
The team has increased its fans by the hundreds during the past few years – drawing average crowds of 300 people to the Herbert C. Young Community Center, compared to an average of 50 people per game three years ago
But while town officials say they’re pleased with this growth, they grappled with how much financial assistance the town should provide the for-profit organization. On Nov. 19, the council approved providing $16,000 in assistance for the current 2015-16 season with a 4-2 vote. Councilmen Don Frantz and Ed Yerha voted in opposition, requesting more assistance.
“It was a good start, because it shows they support the team and want them to stay in downtown Cary,” said Terry “Doc” Thorne, owner of the Cary Invasion.
Before the meeting, the Cary Invasion already was receiving about $13,000 worth of support from the town in the form of direct town costs, such as providing facility staff, and lower-than-normal rental fees. The additional $3,000 in assistance will lower the team’s rental fees this season to about $8,500.
In exchange, the town will enter into an agreement ...