Harris County – Houston Sports Authority Insider
Arnold has quietly been building big things in the city of Houston and around the country
Melanie Hauser
Nov 10, 2017, 7:44 am
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It was a wild seven-game ride.
There were highs, lows and some downright stressful moments for Houstonians during the Astros’ historic World Series Championship run and everyone had a unique way of coping. Some paced. Some tweeted. Some wore lucky shirts.
Mark Arnold baked.
The outgoing 51-year-old partner at Andrews Kurth Kenyon and lifelong Astros fan headed to the kitchen and whipped up batches of cookies and banana bread.
“It calmed me down,’’ said Arnold, who also cans his own jellies, jams and pickles. “It centers me a little bit. It’s a task that starts and ends.
“The legal practice is never a task that starts and ends. It starts but it never ends.’’
No one knows that better than Arnold, who also serves as General Counsel for the Harris County - Houston Sports Authority, and was the man in the middle of the deals that built Minute Maid Park, NRG Stadium, Toyota Center and BBVA Compass Stadium.
After graduating from Columbia Law School, the 1984 Bellaire High graduate got his start practicing traditional real estate law at Mayor, Day, Caldwell & Keeton, but it was a ride across Houston when he was a sixth-year associate there that changed the course of his career.
Two decades later, Arnold is one of the country’s go-to lawyers for public-private partnerships for economic development of world-class stadiums. In addition to Houston’s venues, he has headed up projects around Texas and is now representing the Las Vegas Stadium Authority on a $1.9 billion, 65,000-seat domed stadium project for the Las Vegas Raiders. Groundbreaking for the stadium is Nov. 13.
Arnold describes himself as a “straight-talk, hard-charging kind of you-get-what-you-see, see-what-you-get’’ lawyer and is at his best when he rolls up his sleeves and gets to work in a board room.
“It’s really gratifying as a lawyer to be able to negotiate something for the community and then see the impact that it has,’’ he said. “I am a big sports fan. And Minute Maid Park is still my favorite thing I’ve done because I’m such a baseball fan.’’
All of which brings us to that drive two decades ago that changed everything.
Public finance attorney Bob Collie, who helped write the legislation that gave Houston the ability to create the Sports Authority and served as its first General Counsel, asked Arnold to take a ride with him one day. They were going to meet then-Sports Authority Chairman Jack Rains.
“I said OK,’’ Arnold said. “We drove out to Jack Rains’ house and Bob said, ‘Here’s our real estate and construction lawyer and lets go from there.’ That’s how it started.’’
Collie knew how to issue bonds, while Arnold was the man who could negotiate leases. It was the perfect blend of talent and soon they were off and running on plans for the Astros’ new home.
“What’s interesting about stadium deals is they’re essentially like any other big, complicated real estate transactions,’’ he said. “It’s taxpayers’ money, so a good, fair deal for the taxpayers, but one the team can live with – just like any negotiation that you do. It’s an art and a science to a certain degree, and I like to think I’ve gotten better at it over time. It was fun deal.’’
Andrews Kurth and Mayor, Day, Caldwell & Keeton merged in 2001 and Arnold’s role continued to expand. He and the firm represent the government entities and Arnold is involved in everything from financing to development, architecture, construction and leasing.
For the Las Vegas stadium project, Arnold reached out to Nevada firm Brownstein Hyatt Farber Schreck, a firm he worked with on the acquisition of the Golden Nugget Casino for Rockets’ owner Tilman Fertitta’s Landry’s Restaurants, Inc. He worked on several other acquisitions for Fertitta and is representing him in the development of The Post Oak at Uptown Houston, a mixed-use project that combines a hotel, restaurants, office and residential spaces.
There were 31 firms that originally expressed interest in the Raiders’ stadium project and Arnold was all smiles when the firm was selected as general counsel in January.
“I was happy, elated and surprised,’’ he said. “It was a recognition of all the hard work our team has done here on representing governmental agencies and stadium transactions.’’
Each project Arnold has worked on has had its own unique set of issues and stress points.
“The Minute Maid Park deal was stressful in that we had a groundbreaking date that we had to meet and we had to have enough documents done at that date to meet that groundbreaking,’’ Arnold said. “We did and the stadium got done on time.’’
Next up was then-Reliant Stadium and the challenge, after Bud Adams took the Houston Oilers to Tennessee, was convincing the NFL to bring an expansion team to Houston.
“Our deadline was the NFL meetings in Los Angeles because, at the time, Houston was thought to be in second position behind LA for an expansion franchise,’’ he said. “In large part because of (owner) Bob McNair and his vision for the team, we got the team, but also we got the team because we put together a memorandum of understanding on a stadium transaction with our client (the Sports Authority), on one side and the Rodeo and the Texans on the other side.
“We had to convince the NFL that Houston had its act together, that Houston wanted a team. That Houston wasn’t going to let another team go.”
The city didn’t pass the first referendum for the Toyota Center, but after hammering out a few changes, voters did approve a second one.
Arnold also led developments in Texas for BBVA Compass Stadium, Constellation Field, Cedar Park Events Center (home to the American Hockey League’s Texas Stars) and a basketball arena in Edinburg.
Over the past few years, Houston’s venues have taken center stage nationally with the 2017 Super Bowl and World Series and 2016 Final Four. And, in a true small-world story, Arnold is now representing Sports Authority Chairman J. Kent Friedman, the man who hired him at Mayor, Day, Caldwell & Keeton.
“Kenny came up to Columbia Law School, took me out to my first interview dinner ever and hired me as part of the summer program,’’ Arnold said. “Now, I’m enjoying working with him as a client.”
And Arnold is impressed with way Sports Authority CEO Janis Burke is guiding Houston into the next phase.
“She was the right person to take the Sports Authority from merely building stadiums, to then marketing sports in Houston and Houston as a sports town,’’ he said.
In Fertitta, he sees a new team owner who “will take it to the next level. He’s a visionary who really understands what people want from an entertainment and culinary aspect.’’
As for that stress baking? He’s got plenty to keep him busy including leases to renew with all the major Houston franchises. And there’s always that lingering question about whether - someday - Houston might add an NHL team.
Banana bread and cookies anyone?
As we barrel toward Opening Day which is now less than four weeks away, so far it’s been largely a case of no news is good news at Astros’ spring training. Meaning no major injuries to key players, no controversies brewing. There are numerous question marks that can’t truly be answered until we get into the games that count, such as how will Jose Altuve fare as a left fielder. The most exciting thing to happen over the first week of Grapefruit League games would probably be the two-home run game from top prospect Cam Smith, he of the Kyle Tucker trade. Both came off minor league caliber pitchers, but so what. Smith turned 22 years old last Saturday, the ideal is that he forces his way to the big leagues by the end of this season.
A strong majority of players who go on to greatness in Major League Baseball get to the big leagues before they turn 23. I spoke to this with Astros-specific perspective this week during an episode of our Stone Cold ‘Stros podcast. The ten greatest offensive players in franchise history as measured by Baseball Reference’s Wins Above Replacement metric are: Craig Biggio, Jeff Bagwell, Jose Altuve, Lance Berkman, Cesar Cedeno, Jimmy Wynn, Jose Cruz, Alex Bregman, Joe Morgan, and Bob Watson. Eight of those ten debuted in the majors at 22 years old or younger. Cedeno was 19! Morgan and Watson were 20. Wynn and Altuve were 21. Biggio, Bagwell, and Bregman were 22. That leaves Cruz and Berkman as the exceptions. “Cheo” debuted with the Cardinals and didn’t get to the Astros’ organization until he was 27. Berkman arrived at 23. He should have been up sooner but was backlogged in 1998 behind a fabulous outfield of Moises Alou, Carl Everett, and Derek Bell, with youngster Richard Hidalgo as the top reserve, while first base was manned by Bagwell in the heart of his prime.
The point is, special talents should be fast-tracked and/or fast-track themselves to the Major Leagues. There are numerous exceptions (team mistakes, late bloomers), but a very high percentage of eventual big stars get to The Show at a young age. Juan Soto, Bryce Harper, and Mike Trout entered at 19. Ronald Acuna Jr., Vlad Guerrero Jr., Freddie Freeman, and Jose Ramirez did so at 20. Bobby Witt Jr., Gunnar Henderson, Mookie Betts, and Yordan Alvarez were 21. Not all tear it up immediately the way Yordan did upon his promotion in 2019, but rare tools and talents merit accelerated opportunity. The focus here is on hitters, but this isn’t a bad spot to note that among the four greatest pitchers ever to hurl for the Astros, only Randy Johnson was older than 22 when he started (25 as a notoriously raw and wild Montreal Expo). Nolan Ryan was a 19-year-old New York Met, Roger Clemens a 21-year-old Boston Red Sox, and Justin Verlander a 22-year-old Detroit Tiger.
This is not predicting mega-stardom or a plaque in Cooperstown for Cam Smith, but if the Astros have such a player in what is presently a lousy farm system overall, the odds overwhelmingly favor Smith being that guy. He should be ticketed for double-A Corpus Christi to start this season after having had just 96 at bats in single-A and 19 at AA in the Cubs’ system after being drafted last July. Should Smith excel with the Hooks, it’s not preposterous to see him getting to the Astros over the summer, especially given the shaky state of the big club’s outfield going into the 2025 campaign. Plenty of players have skipped over AAA. While Smith was drafted as a third baseman, unless the Astros grow offensively desperate enough to move Isaac Paredes to second base, Smith’s fastest path to Daikin Park right now might lead to right field. Coming off a relentlessly bad 2024, it’s make-or-break time for Chas McCormick. Chas is making three-point-four million dollars this season and turns 30 in April. If he is not a heckuva lot better this year, there is no way the Astros are bringing him back at an even bigger salary number in 2026.
Jacob Melton is another outfield prospect, but he’s already 24 years old and has yet to show any sort of elite hitting traits in the minors. Melton looms as a cheaper replacement for Jake Meyers in center.
Those who will ultimately be great only have time siphoned from their careers when not brought up as soon as reasonable. Of course there is risk of unfulfilled potential or straight up bust status. If early failure crushes a player, he wasn’t headed for greatness anyway.
On the upswing
Closing aside: a pinging endorsement for the Astros’ Annual College Classic Friday through Sunday. The reigning national champion Tennessee Volunteers and runner-up Texas A&M Aggies head the field. Rice, Mississippi State, Oklahoma State, and Arizona fill out what is always an excellent six-team event. With gorgeous weather forecast through the weekend the roof should be open throughout. RIGHT?
The countdown to Opening Day is on. Join Brandon Strange, Josh Jordan, and me for the Stone Cold ‘Stros podcast which drops each Monday afternoon, with an additional episode now on Thursday. Click here to catch!
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