Magical Concessions

The Orlando Magic scored a slam-dunk when it comes to food concessions at its new arena.

The basketball team made a deal with the city of Orlando, Fla., about three years ago.

The Magic will receive 100 percent of all concession-stand profits when the team plays at the $400 million arena this fall.

The city will get 47 percent at other events, such as concerts.

Total take for the city reportedly drops from $4 million annually to $2.6 million.

City commissioners recently delayed a vote on a new food services provider after taking another look at the deal.