In a sweeping compromise, the New York Yankees and Mandalay Baseball will buy the Scranton/Wilkes-Barre Yankees (Class AAA; International League) and oversee a $40-million renovation of PNC Field. The Yanks and Mandalay will exercise their option to buy the troubled Triple-A franchise for $14.6 million. As part of the compromise agreement, first reported here last […]
Tag Archives | luzerne county
Compromise on the way in SWB ballpark squabble?
Concessions by the New York Yankees and Mandalay Baseball regarding the terms of a Scranton/Wilkes-Barre Yankees (Class AAA; International League) lease may keep the team at a renovated PNC Field for 30 years. The pair have an option to buy the Scranton/Wilkes-Barre Yankees and have shown a clear inclination to do so, but a purchase […]
Rendell: Clock is ticking on new SWB ballpark financing
The offer of $20 million in state money for a new Scranton/Wilkes-Barre Yankees (Class AAA; International League) ballpark definitely has some deadlines attached, as Penn. Gov. Ed Rendell warns dueling Lackawanna and Luzerne counties they need to end their spat in the new few weeks. As we reported yesterday, Rendell is growing impatient with the […]
Counties continue spat; SWB Yankees likely to be sold this week
It’s increasingly likely that the New York Yankees and Mandalay Baseball will exercise their option to buy the Scranton/Wilkes-Barre Yankees (Class AAA; International League) before a Friday deadline, but that’s not stopping the owners of the team, Lackawanna and Luzerne counties, from squabbling over the proceeds. You know the drill. Lackawanna and Luzerne counties jointly […]
Lackawanna County: In a ballpark bind and mad
After years of neglect, Moosic’s PNC Field is falling apart. But Lackawanna County officials, lacking the funds to fix the ballpark and increasingly unwilling to sell the Scranton/Wilkes-Barre Yankees (Class AAA; International League), find themselves with no attractive choice to address the future of baseball in the area. Commissioners yesterday discussed the future of the […]
Squabbling could derail new SWB Yankees ballpark
A spat between Luzerne and Lackawanna counties over the proceeds of the sale of the Scranton/Wilkes-Barre Yankees (Class AAA; International League) could imperil $20 million in state money already earmarked for a new ballpark, according to Penn. Gov. Ed Rendell. We’re talking a pretty serious split here: Luzerne County has already filed suit to prevent […]
Pols: Let’s not fix up PNC Field — or sell team to Mandalay, either
If Mandalay Baseball and the New York Yankees want to see improvements to PNC Field, they’ll need to fund them, according to several Lackawanna County Commissioners, who don’t want to see the pair exercise an option to buy the Scranton/Wilkes-Barre Yankees. Yes, it’s an inconsistent stand, but the rhetoric is certainly placing the future of […]