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 capital improvements. It’s a reversal of lease negotiations from 2010, when city leaders aske why they were putting money into a ballpark where their archenemy, the San Francisco Giants, held an ownership stake in the team.
“We are very excited to call San Jose and Municipal Stadium our home for at least the next half decade,” said Daniel Orum, San Jose Giants President and CEO. “Over the past year, we have worked hard with the City to come to an agreement on a lease extension that allows us to continue to provide fun, affordable, family entertainment for families for years to come.”
Photo by John Moist.
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