Eye On Boise

‘Big Ed’ Beckley sends big payment in to state, right on schedule

Idaho’s state Department of Lands received a payment of $943,000 today, right on schedule, from Beckley Media LLC, pursuant to a hotly contested auction last week for the rights to a two-year lease on state endowment lands that include the landing site of Evel Knievel’s unsuccessful 1974 motorcycle jump across the Snake River Canyon in Twin Falls – to allow for a re-try of the stunt as its 40th anniversary approaches. The payment came in by electronic fund transfer; Beckley already had paid the $25,000 first-year rent. All the money goes to the state’s public school endowment.

“The Idaho Department of Lands looks forward to working with winning bidder ‘Big Ed’ Beckley on his lease for use of state endowment trust lands for the purpose of re-creating Evel Knievel’s 1974 jump in September 2014,” said department spokeswoman Emily Callihan. In addition to the $968,000 Beckley now has paid to the state, there’ll be a second-year rent payment of $25,000 due, plus a percentage of proceeds including TV rights and sponsorships.




You must be logged in to post comments. Please log in here or click the comment box below for options.

comments powered by Disqus
« Back to Eye On Boise
Betsy Z. Russell
Betsy Russell covers Idaho news from the state capitol in Boise and writes the Eye on Boise blog.

Follow Betsy online:








Sections


Profile

Contact the Spokesman

Main switchboard:
(509) 459-5000
Customer service:
(800) 338-8801
Newsroom:
(509) 459-5400
(800) 789-0029
Back to Spokesman Mobile