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Cubs exploring hotel, courtyard as part of Wrigley Field upgrades

The Chicago Cubs are making another run at public support for Wrigley Field upgrades, and as part of the deal are talking a new hotel next to the historic ballpark as well as other area improvements. The team’s manager of community outreach, grants and donations, Jennifer Dedes Nowak, made a presentation to a neighborhood association that […]

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Hall of Fame inductees due today

Social media will explode later today when the next class for induction in the National Baseball Hall of Fame is announced, as voters decide whether players in the Steroid Era should be rewarded for their exploits. On the ballot for the first time are some of baseball’s biggest stars of the Steroid Era, including Barry […]

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Debt paid down early on Target Field — saving $53.7M

Here’s why you build ballparks when construction and interest costs are low: the debt on Target Field, home of the Minnesota Twins, has been reduced by $53.7 million after the Minnesota Ballpark Authority took advantage of favorable market conditions. The savings were mostly realized by prepaying variable-rate debt on the ballpark, but having a steady […]

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Citi Field revenues down again in 2012

For the third straight year revenues were down at Citi Field, as New York Mets ownership struggles to find the right mix between ticket and concession prices. Newsday obtained the team’s revenue statement via FOIA; the statement is a requirement of the bonding deal that funded ballpark construction. In 2012 ballpark revenue for the Mets […]

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Delaware North, Rangers extend ballpark concessions deal

Delaware North Companies Sportservice will continue to be the concessionaire at Rangers Ballpark in Arlington, extending a partnership with the Texas Rangers that began when the ballpark opened in 1994. The previous contract had two years remaining. “The Rangers have been a terrific partner right from the start,” said Sportservice President Rick Abramson. “The organization […]

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Rays ballpark proposal at Carillon Business Park withdrawn by developer

Developer Darryl LeClair threw a monkey wrench into planning for a Tampa Bay Rays ballpark by taking a proposal at St. Pete’s Carillon Business Park off the table. Indeed, it’s only been a few months since LeClair unveiled renderings of a unique ballpark to be located in northern St. Petersburg, a facility set amongst Mediterranean […]

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