Baseball for the Thinking Fan

Login | Register | Feedback

btf_logo
You are here > Home > Baseball Newsstand > Baseball Primer Newsblog > Discussion
Baseball Primer Newsblog
— The Best News Links from the Baseball Newsstand

Sunday, December 18, 2005

WaPost: Beyond Washington, Most Teams Cover Stadium Overruns

In the “left holding the bag” department, DC steps to the plate…

Workers had barely broken ground on Safeco Field in 1997 and already construction costs were spiraling upward. By the time the first pitch was thrown two years later, the Seattle Mariners’ new retractable-roof stadium had become the most expensive ballpark ever built, swelling nearly $100 million over budget to more than a half-billion dollars.

Cost overruns were hardly unique to Safeco, which was completed in 1999. And neither was the solution of who would pay them: As with most recent deals, the team was contractually bound to cover overruns as part of its agreement with local and state officials to get a stadium financed largely by taxpayers.

Washington won’t be so lucky. Under last year’s agreement with Major League Baseball that returned professional baseball to the city, the District said it would absorb all overruns in building a ballpark for the Nationals, unless the extra cost was caused by last-minute enhancements demanded by the team or baseball.

The debate over the ballpark’s price has focused on whether it should be built on the Anacostia waterfront or adjacent to Robert F. Kennedy Memorial Stadium, and it has been based on rising cost projections for the stadium and surrounding infrastructure. The D.C. Council approved $535 million for the project, not counting financing fees—more public money than has ever been spent on a professional sports stadium. Mayor Anthony A. Williams (D) has promised to limit the city’s investment to the amount approved by the council, even as estimates have risen to $667 million or higher if underground parking is included.

Thus far, little has been said about how the District would pay for overruns should costs exceed projections. And history shows that overrun costs of major construction projects can be staggering.

Maury Brown Posted: December 18, 2005 at 11:41 PM | 4 comment(s) Login to Bookmark
  Tags: business, nationals

Reader Comments and Retorts

Go to end of page

Statements posted here are those of our readers and do not represent the BaseballThinkFactory. Names are provided by the poster and are not verified. We ask that posters follow our submission policy. Please report any inappropriate comments.

   1. Joyful Calculus Instructor Posted: December 19, 2005 at 12:21 AM (#1783535)
Why has no "Dodgers Sign Nomar" thread been posted yet?
   2. cercopithecus aethiops Posted: December 19, 2005 at 12:41 AM (#1783556)
Maybe because there's no official announcement yet? In the meantime, would you settle for a "Nomar is a Dodger" thread? Like this one, maybe?
   3. Joyful Calculus Instructor Posted: December 19, 2005 at 01:22 AM (#1783601)
Sorry, I did not see that. I would have prefered the Rosenthal version, though.
   4. The Ghost of Sox Fans Past Posted: December 19, 2005 at 02:09 AM (#1783639)
Cost overruns were hardly unique to Safeco, which was completed in 1999. And neither was the solution of who would pay them: As with most recent deals, the team was contractually bound to cover overruns as part of its agreement with local and state officials to get a stadium financed largely by taxpayers.

But wait - the Mariners refused to fork over the 100 million bucks. IIRC, they said that most of the extra cost wasn't due to cost overruns on the stadium as scecified on the original plans, but added features that went beyond that scope. It was settled relatively quietly; I think they paid $60 mil.

You must be Registered and Logged In to post comments.

 

 

<< Back to main

BBTF Partner

Support BBTF

donate

Thanks to
Phil Birnbaum
for his generous support.

Bookmarks

You must be logged in to view your Bookmarks.

Hot Topics

NewsblogOTP - July 2015: Winning the Political Game: Politics is More Like Baseball Than Football
(194 - 8:41am, Jul 02)
Last: Joey B. is counting the days to Trea Turner

NewsblogDeford: All-Star Games Are Worthless If The Players Are Not All-Stars
(51 - 8:37am, Jul 02)
Last: The elusive Robert Denby

NewsblogNats to introduce Calvin Coolidge as latest Racing President - The Washington Post
(62 - 8:29am, Jul 02)
Last: TJ

NewsblogHow to throw a no-hitter and lose by 4 runs
(20 - 8:22am, Jul 02)
Last: SoSHially Unacceptable

NewsblogOT: Monthly NBA Thread - July 2015
(168 - 8:22am, Jul 02)
Last: Shooty Is Disappointed With His Midstream Urine

NewsblogDon't ever make closer Huston Street pitch earlier than the ninth inning
(53 - 7:42am, Jul 02)
Last: cercopithecus aethiops

NewsblogRany on the Royals: Goodbye for Now
(11 - 7:32am, Jul 02)
Last: Scoriano Flitcraft

NewsblogCHART: The Crazy Contract The Mets Gave Bobby Bonilla Was Actually Incredibly Smart - Business Insider
(22 - 7:13am, Jul 02)
Last: Adam Starblind

NewsblogOT: Soccer June 2015
(881 - 5:58am, Jul 02)
Last: ursus arctos

NewsblogSource: Dipoto could step down as Angels GM | angels.com
(40 - 3:29am, Jul 02)
Last: Walt Davis

NewsblogIn Venezuela, the difficult search for the next José Altuve
(4 - 2:29am, Jul 02)
Last: Walt Davis

NewsblogOMNICHATTER 7-1-2015
(81 - 1:53am, Jul 02)
Last: cardsfanboy

NewsblogMattingly: John McCain Dropped a Foul Ball. He's Got a Good Excuse, Internet.
(3 - 1:53am, Jul 02)
Last: vagab0nd is still a champion

NewsblogJerry Dipoto out, Mike Scioscia has the power for Los Angeles Angels | FOX Sports
(17 - 1:44am, Jul 02)
Last: shoewizard

NewsblogPCL 2015 Triple-A All-Star Game Roster Announced
(5 - 1:31am, Jul 02)
Last: Joyful Calculus Instructor

Page rendered in 0.1853 seconds
48 querie(s) executed