Developer Steve Ellman of Ellman Cos. made the disclosures as aresponse to a demand from the city of Scottsdale. Worried about theviability of the project, the city ordered Ellman to providedocuments that show he's got the wherewithal to bring the projectto fruition.

The 32-page packet of charts and spreadsheets Ellman sent to thecity this week outlines the revenue he expects to reap from theproject, as well as how much credit he has lined up. The $65million Ellman expects to collect from the sale of the namingrights to the arena is nearly identical to the $66 million thatBank One paid for naming rights to the local baseball park threeyears ago.

In terms of financing, the document shows that Ellman plans tofloat $200 million in tax-exempt bonds and borrow $260 million. Hiscompany also expects to earn $67.7 million from gross sales fromthe arena the first year of operation, 2003, a figure that heexpects to climb to $105 million by the 10th year.