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Obstacles to new ballparks in California: not as bleak as expected

When Gov. Jerry Brown signed a law abolishing California’s redevelopment agencies, many in baseball assumed public financing of ballparks was a thing of the past. Turns out the news may not be so terrible — but the circumstances are still troublesome. Tax-increment financing is a tried-and-true economic-development tool, and it’s occasionally used to build ballparks. […]

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