The Staten Island Yankees (short season A; NY-Penn League) and New York City are disagreeing over the team’s rent, which is partially based on ticket sales, as the city wants to count comps as part of the total attendance figures. The issue: whether 1,756 tickets designated by the SI Yankees as comps should be included […]
Tag Archives | lease
Thinking big in Escondido
The city of Escondido (Cal.) certainly is thinking big when it comes to a new home for the wandering Portland Beavers (Class AAA; Pacific Coast League): What began as a $50 million ballpark has now expanded to a $180-million, 150-acre Sports Entertainment District, which could tie up every penny of city development money for years. […]
Future of Christensen Stadium assured: ballpark to be leased to Midland College
The former home of the Midland Angels and the Midland Rockhounds (Class AA; Texas League) will be around for at least 30 more years, as Midland (Texas) officials and Midland College are poised to sign a new lease that gives the college control of Christensen Stadium for $1 a year. The ballpark was home to […]
How much financial information is enough for a ballclub to disclose?
Some in Winston-Salem want to see the Winston-Salem Dash (High Class A; Carolina League) disclose additional information about team finances as part of BB&T Ballpark financial oversight. But if the team is meeting the conditions of its lease, should that information made public? A lesson for all teams. The issue: when Winston-Salem taxpayers stepped in […]
Bevos to Tucson for 2011
With so much uncertainty surrounding a proposed new ballpark in Escondido and concern about wear and tear at The Diamond, the home of the Lake Elsinore Storm (High Class A; California League), the decision apparently has been made to relocate the Portland Beavers (Class AAA; Pacific Coast League) temporarily to Tucson Electric Park for the […]
Escondido ballpark vote delayed after pollution found at site
A vote from Escondido (Cal.) officials to approve $50 million in spending for a new home for the Portland Beavers (Class AAA; Pacific Coast League) has been delayed after city officials discovered pollution on the ballpark site. In addition, the city is still negotiating a lease with an ownership group led by San Diego Padres […]
Kirk pitches Frederick on AtL ballpark lease; will settle for Keys
Atlantic League mogul Peter Kirk has pitched Frederick (Md.) officials on taking over the lease at Harry Grove Stadium for an independent-league team — but will settle for buying the Frederick Keys (High Class A; Carolina League) as a consolation prize. Kirk certainly is one of the more interesting people in baseball, and he’s seizing […]
Escondido to begin ballpark process this week
The process for Escondido (Cal.) to finance and build a ballpark for the relocated Portland Beavers (Class AAA; Pacific Coast League) should begin this week when the City Council decides whether to spend money on engineering and environmental studies. The agenda item on Wednesday’s meeting calls for the City Council to “consider and approve a […]
Fate of Bevos in the air until November, maybe December
In a chicken-and-egg situation, San Diego Padres owner Jeff Moorad says he’s willing to buy the homeless Portland Beavers if Escondido builds a new ballpark — but nothing will happen on either front for months, leaving the rest of the Pacific Coast League in limbo. Escondido (Cal.) officials sound pretty confident they can put together […]
Intimidators: Lack of new lease may mean lack of team
As Rowan County dithers over a new lease that would give more control of Fieldcrest Cannon Stadium to the Kannapolis Intimidators (Low Class A; Sally League) and eliminate county payments for ballpark upkeep, ownership warns that the team could be on the way out if profits aren’t increased. The team’s lease at Fieldcrest Cannon Stadium […]
Laredo finalizes lease with Ventura Sports for new 2012 ballpark
The city of Laredo and Ventura Sports, the owner of two independent American Association teams and another on the way, finalized their lease for a new $18 million ballpark set to open in 2012. The Laredo City Council approved the Lease and Operations Agreement with Ventura Sports Group for the ballpark planned for construction […]
Laredo reviews ballpark plan, reaffirms decision to go with Ventura Sports
Despite a final plea from the ULB’s Laredo Broncos, the city reaffirmed a decision to go with Ventura Sports for a new team at a new $18 million ballpark. Officials from Ventura Sports and HKS were on hand last night as the City Council approved a budget of $18 million for a 7,000-seat ballpark that […]
Padres pitch one-sided lease to Escondido
No wonder the San Diego Padres are in a hurry to have Escondido (Cal.) officials approve a lease for a new Portland Beavers ballpark quickly: the deal proposed is totally one-sided in favor of the Padres. The city would borrow $45 million (at a total cost potentially of $90 million) for the new ballpark and […]