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

News

All News | Prime News

Old-School Newsstand


BBTF Partner

Support BBTF

donate

Thanks to
Forsch 10 From Navarone (Dayn)
for his generous support.

Bookmarks

You must be logged in to view your Bookmarks.

Hot Topics

NewsblogThe Baseballist: Three Reasons Why Adding DH Makes Sense For NL | BaseballAmerica.com
(27 - 7:36pm, Apr 23)
Last: Bote Man

NewsblogWatch Matt Barnes Get Ejected For Throwing At Manny Machado Despite Foul Ball
(7 - 7:27pm, Apr 23)
Last: Darren

NewsblogSmokeless Tobacco is Gone From the Ballpark, if Not the Clubhouse
(10 - 7:16pm, Apr 23)
Last: PreservedFish

NewsblogOT - March 2017 NBA thread
(2259 - 7:14pm, Apr 23)
Last: LA Podcasting Hombre of Anaheim

NewsblogJason Heyward swinging hot bat early for Cubs | MLB.com
(11 - 7:03pm, Apr 23)
Last: 6 - 4 - 3

NewsblogOTP 17 April 2017: Baseball, giant American flags, and patriotism
(1377 - 6:24pm, Apr 23)
Last: Renegade (((JE)))

NewsblogLettuce, tomato, and OMNICHATTER sandwich, April 23, 2017
(57 - 6:21pm, Apr 23)
Last: LA Podcasting Hombre of Anaheim

NewsblogTake the pledge: Let's banish pitcher wins, losses from baseball conversations
(65 - 6:13pm, Apr 23)
Last: ReggieThomasLives

NewsblogRangers' Joey Gallo hits hardest homer of 2017 | MLB.com
(13 - 6:08pm, Apr 23)
Last: ReggieThomasLives

NewsblogRed Sox coaches still don't want hitters thinking about hitting for power - providencejournal.com
(20 - 5:58pm, Apr 23)
Last: cardsfanboy

NewsblogOT: March-April 2017 Soccer Thread
(305 - 5:18pm, Apr 23)
Last: SPICEY WITH A SIDE OF BEER ON A BABYYYYYYY

NewsblogEarly AL Rookie of Year debate shows Yankees’ plan at work | New York Post
(3 - 4:59pm, Apr 23)
Last: Walt Davis

NewsblogMajor League Baseball in Las Vegas? Commissioner says it's an option
(13 - 3:18pm, Apr 23)
Last: 6 - 4 - 3

NewsblogWhoever smelt OMNICHATTER dealt it, April 22, 2017
(214 - 3:01pm, Apr 23)
Last: cardsfanboy

NewsblogSunday Notes: Whitley’s Cattle, Cubs Butler, Gausman’s Analogy, Prideful Yard Goat, more | FanGraphs Baseball
(5 - 2:50pm, Apr 23)
Last: cardsfanboy

Page rendered in 0.1491 seconds
47 querie(s) executed