The York Revolution, Lancaster Barnstormers and Southern Maryland Blue Crabs will train at home rather than spending the money to train at the Detroit Tigers complex in Lakeland, Fla.The York Revolution, Lancaster Barnstormers and Southern Maryland Blue Crabs will train at home rather than spending the money to train at the Detroit Tigers complex in […]
Author Archive | Kevin Reichard
Gillick named King of Baseball
Senior Vice President and General Manager Pat Gillick of the 2008 World Series Champion Philadelphia Phillies was named the “2008 King of Baseball” Thursday night at the annual Baseball Winter Meetings Banquet. The “King of Baseball” is a long-standing tradition in which Minor League Baseball salutes a veteran from the professional baseball world for long-time […]
New ballpark, MLB revenue-sharing rules made Sabathia deal possible
Despite a down economy, anticipated revenue bumps from the new Yankee Stadium gave the New York Yankees the base for signing C.C. Sabathia to the richest contract ever offered a pitcher, but the financial wherewithal of the team goes much further.Despite a down economy, anticipated revenue bumps from the new Yankee Stadium gave the New […]
Uninformed sports writers agree: Las Vegas could support MLB
With the annual Winter Meetings held this year in Las Vegas, the local paper brings up the issue of whether Sin City could support Major League Baseball and finds a bunch of sportswriters — who are better at writing about player moves than the financials of baseball — who think it would be a nifty […]
JackHammers seek rent reduction for Silver Cross Field
The Joliet JackHammers owe money to vendors and are seeking a rent reduction from the $240,000 owed annually to the city for Silver Cross Field. Board chairman Pete Ferro attributes the request in a slowdown in sponsorship dollars, and admits some vendors may not be paid until 2009.The Joliet JackHammers (independent; Northern League) owe money […]
Portland task force skittish on new Bevos ballpark
A task force charged with evaluating Portland Beavers owner Merritt Paulson’s request for $85 million in funding for new and renovated Portland sports facilities is skeptical want to know if Paulson and his family (which includes Treasury Secretary Henry Paulson) will personally guarantee repayment of the bonds — not an unreasonable request, but one Paulson […]
Yankees, Mets seek tax-exempt bonds to complete ballparks
The New York City teams will apply for $452 million in bonding from the city to complete Yankee Stadium and CIti FIeld, both slated to open in 2009.The New York Yankees and the New York Mets say they’ll seek $452 million in tax-exempt bonds from the city of New York’s Economic Development Corp. to complete […]
Proposed Burnsville ballpark on life support
A proposed ballpark in Burnsville, Minn. is on life support after the landowners informed the city a deal to sell the land was off. A press rep for the Metro Millers says the ownership group is working on a ballpark proposal.A proposed ballpark in Burnsville, Minn. is on life support after the landowners informed the […]
Cubs implicated in Blagojevich scandal
Illinois Gov. Rod Blagojevich was arrested this morning on federal corruption charges, and one of the charges concerns an alleged offer to arrange state aid for the Cubs if team owner Sam Zell fired the editorial board of the Chicago Tribune. Meanwhile, a bankruptcy filing yesterday by the Tribune Co., which owns the Cubs and […]
New McHenry County ballpark receives initial approval
The real decision will come from the Woodstock City Council, perhaps as soon as Dec. 16The Woodstock Plan Commission gave initial approval to plan for a new independent Frontier League ballpark late last week, with the City Council next up. The proposal didn’t pass without some criticism, however. While commissioners loved the idea of a […]
Cubs should be sold by spring training: Kenney
Crane Kenney says Tribune Co. will hold onto very small percentage of team.Chicago Cubs chairman Crane Kenney says the sale of the team, Wrigley Field and a share of a cable sports network should be completed by the beginning of spring training and shot down speculation the Tribune Co. and Sam Zell would retain up […]
New USC ballpark to begin life as Carolina Stadium
The University of South Carolina failed to sell naming rights to its new ballpark, so a temporary name will be used.The University of South Carolina has failed to sell naming rights to its new ballpark, so a temporary name will be used: Carolina Stadium. It’s the latest setback for a star-crossed facility originally slated to […]
Prim sought additional city financing for new W-S ballpark
The search for capital came to the front step of City Hall, but officials declined to finance $16 million in new ballpark spending.It’s been a rough month for Winston-Salem Dash (High Class A; Carolina League) owner Billy Prim, as he’s dealt with the need to raise capital at a time when the credit markets have […]