The Richmond Flying Squirrels (Class AA; Eastern League) will sign a two-year lease to stay at The Diamond through 2016, as it’s clear there won’t be a new ballpark until 2017 at the earliest. (more…)
Tag Archives | lease
Winning, conciliatory moves bring back Athletics fans
The best record in baseball and a recommitment to Oakland are generating dividends for the Oakland Athletics, as attendance at O.co Coliseum is up and prospects are bright for a new ballpark. Last season the A’s drew 22,337 fans per game. This year that number is up to 24,626 fans per game; a pretty good […]
Hoover Met may see new life as temporary Alabama home
Hoover Metropolitan Stadium may see a new tenant in 2015 as the University of Alabama is negotiating a temporary lease while Sewell Thomas Stadium is renovated. The Sewell Thomas Stadium renovation is set to begin next week (barring the Crimson Tide hosting an NCAA Regional, of course), and it was originally thought that the Crimson […]
Critics: Angel Stadium economic impact based on faulty data
With a final decision due on a controversial Angel Stadium lease, opponents say the plan relies on bad data that could be tainted by intertwined corporate relationships. Here’s the deal. The city of Anaheim — not the Angels — contracted with Conventions, Sports & Leisure International to research the market impact of the Angels and […]
City-commissioned appraisal of Angel Stadium to be released
An Anaheim-commissioned appraisal of the land surrounding Angel Stadium will eventually be released to the public, as the city continues to negotiate with Angels owner Arte Moreno about a new lease and development plans. The issue: the worth of the land as part of the financial equation for the lease. The appraisal covers the worth […]
Winston-Salem approves new Dash lease
As expected, the City Council approved a new BB&T Ballpark lease for the Winston-Salem Dash (High Class A; Carolina League), which will pay off a short-term loan and bring in a new ownership group led by the Chicago White Sox. The new lease, approved unanimously, for the potential new owners of the Dash to invest […]
Perdue Stadium upgrades recommended
A consultant for the Maryland Stadium Authority has recommended $5.7 million in upgrades to Arthur W. Perdue Stadium, home of the Delmarva Shorebirds (Low Class A; Sally League). The report recommends changes to bring the ballpark up to modern standards, including the installation of a new scoreboard, new field and drainage system, a new wraparound […]
Stompers set to pitch city council again on ballpark lease
With the fate of the 2014 season at stake, the ownership of the Sonoma Stompers (independent; Pacific Association) will once again propose a lease for Arnold Field. Tonight’s City Council of Sonoma agenda includes a proposal by the Stompers to rent the ballpark, bringing pro baseball back to the Sonoma Valley for the first time […]
Angels lease negotiations hinge on value of land surrounding ballpark
As the Los Angeles Angels of Anaheim and the city negotiate a new lease for Angel Stadium, a key issue will be the worth of land the Angels want to develop near the ballpark. The current proposal calls for the city to lease 155 next to the ballpark to Angels owner Arte Moreno for $1 […]
San Jose, Giants extend Municipal Stadium lease
Once a punching bag for San Jose politicians frustrated by MLB, the lease of Municipal Stadium to the San Jose Giants (High Class A; California League) has been extended to 2018 in harmonious fashion. The deal gives the San Jose Giants to sell ballpark naming rights and continue to pursue on-site development options to fund […]
New Tides lease on tap for Harbor Park
A new lease at Harbor Park for the Norfolk Tides (Class AAA; International League) will see an increased rent for the team, along with a slew of ballpark improvements down the road. The 15-year lease calls for a base rent of $225,000 and gives the city a share of team revenues — 10 percent of […]
A’s sign two-year lease to stay at Coliseum
The Oakland A’s and the Oakland-Alameda County Coliseum Authority agreed on a two-year lease extension for O.co Coliseum, giving the team control of concessions and flexibility for the future. The two sides had suffered through some contentious negotiations: the authority, believing it had the upper hand, sought a lease extension between five and eight years […]
Should Memphis worry about future loss of Redbirds?
Despite a long-term lease being part of a deal for Memphis to buy AutoZone Park, a local columnist warns that the St. Louis Cardinals could move the Memphis Redbirds (Class AAA; Pacific Coast League) someday. Of course, this is an oblique threat: it sounds like the city and the Cards will sign a long-term, 17-year […]