Demarini, Easton and TPX Baseball Bats
Page rendered in 0.1287 seconds
52 querie(s) executed
Baseball Primer Newsblog
— The Best News Links from the Baseball Newsstand
Sunday, December 18, 2005
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.
You must be logged in to view your Bookmarks.
Newsblog: Cardinals hof fan vote.
(23 - 8:05pm, Mar 08)
Last: Jolly Old St. Nick Still Gags in October
Newsblog: Brad Penny released by Royals after punching wall
(23 - 8:01pm, Mar 08)
Newsblog: Blue Jays To Sign Ervin Santana
(43 - 8:01pm, Mar 08)
Last: Walt Davis
Newsblog: OTP - March 2014: Russia denies calling shots in Ukraine’s Crimea standoff
(579 - 7:57pm, Mar 08)
Newsblog: Diamondbacks To Sign Oliver Perez
(4 - 7:57pm, Mar 08)
Last: PASTE Thinks This Trout Kid Might Be OK (Zeth)
Newsblog: Posnanski: Gary Nolan Surgery
(34 - 7:56pm, Mar 08)
Last: SoSHially Unacceptable
Newsblog: Finn: Fox’s decision to hire Harold Reynolds is uninspired
(14 - 7:50pm, Mar 08)
Newsblog: Wolff: Carmen and Yogi Berra: A love affair for the ages
(2 - 7:46pm, Mar 08)
Last: The Yankee Clapper
Newsblog: Weiner: It’s Jim Bouton’s 75th Birthday and Sports Journalism Owes Him A Debt of Gratitude
(21 - 7:39pm, Mar 08)
Last: Manny Coon
Newsblog: Moore: George Foster doesn't regret giving away Fisk homer ball
(9 - 7:08pm, Mar 08)
Newsblog: Red Sox field substandard spring lineup versus Marlins - Sun Sentinel
(45 - 5:49pm, Mar 08)
Newsblog: OT: NBA Monthly Thread - March 2014
(185 - 5:14pm, Mar 08)
Newsblog: Phillies' deficiencies take center stage
(13 - 5:13pm, Mar 08)
Newsblog: Lee: Initial B.J. Upton swing observations
(4 - 5:08pm, Mar 08)
Last: Rickey! is not the Yellow King
Hall of Merit: Most Meritorious Player: 1951 Results
(11 - 4:30pm, Mar 08)