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Baseball Primer Newsblog — The Best News Links from the Baseball Newsstand Monday, September 18, 2023Rays to announce St. Petersburg stadium deal this week
RoyalsRetro (AG#1F)
Posted: September 18, 2023 at 10:23 AM | 22 comment(s)
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1. catomi01 Posted: September 18, 2023 at 10:31 AM (#6141639)Just in time for desperately needed renovations to the new stadium.
Sternberg's biggest virtue has been hiring knowledgeable baseball people to run the franchise to the point where the Rays are strong and competitive almost every season despite their relative financial limitations.
It would be ironic if this new ownership arrangement expanded the Rays' revenues and degraded their on-field performance.
There's another wave of stadium negotiations coming up now - Kansas City and Arizona want new stadiums, Baltimore wants to build around theirs, Milwaukee is trying to get renos, and the Angels will probably be asking for a new stadium again soon. Nashville is the new patsy.
The one value to cities is that it's harder for teams to move because they jane to extricate themselves from their real estate deal AND then find a similar deal elsewhere.
Gastown!
Milwaukee couldn't wait
GPD
HisGasPlant
GaPlan
I'm a bit of a contrarian at heart, so 100 or so consecutive taxpayer ripoffs re stadiums and arenas kind of bores me.
but it is what it is.
"affordable housing" once again will do its typical heavy lifting (supposedly).
the catch tends to be, as with the Brooklyn Nets arena, that:
a) a lot of the housing won't be built for at least 20 years
b) "affordable" in Brooklyn re the arena project has tended to mean that, for example, instead of paying $4,000 a month for an apartment, if you are related to a local power broker, you get it "on sale" for $3,400 a month or whatever.
I'd estimate that roughly 0 percent of the hundreds of activists who attended rowdy hearings there BITD forecasted that as the expected result.
I wonder if expansion cities will even need to build a bigger stadium. Just raise the ticket prices and call it a day.
This is the Rays. This is a pure cash grab.
Oh they'll need a ballpark district around it. That's where the real money is - real estate!
The new proposed Royals stadium would serve around 35k fans.
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