Since Portland passed a law to help bring an MLB team, the Trail Blazers would like some more money for Moda Center
Now, the Portland Trail Blazers would like some of that money. According to OregonLive, the Blazers want an “estimated $20 million per year” to be given to them “from the state’s general fund.” The team claims that this allows them to start a $600 million renovation of the current arena. However, as OregonLive notes, the Blazers' situation is not similar to last year's MLB giveaway. The NBA team's players/staff have already been paying “into the state’s general fund” since 1970. If the Blazers…
Read MoreThe Anaheim Angels must keep their ballpark in “first class” condition. Why can’t cities & counties use the Angels definition of first-class?
The Anaheim Angels need to be held to the same standard as sports teams holding their cities when the government handles the facility. However, it shouldn't come as much of a surprise to see some local leaders appearing to give the team ways out of their lease agreement. Others suggest the ballpark is, in fact, a first-class ballpark right now. One City Councilman told a local media outlet that the lease agreement to him seemed “vague” and that he believes the team has “met its…
Read MoreMonumental Sports lies about having the highest amount of private funding. Then deletes the post.
Monumental Sports was trying to claim on social media that the financing for the proposed arena would include the most amount of private funding for any project in recent memory and one of the least amounts of upfront state cash. One problem? It isn't remotely close to being true.
Read MoreWhen the Milwaukee Brewers needed taxpayer money, the ballpark was falling apart. Now? Not so much
According to the Milwaukee Brewers, the new main scoreboard will be one of the biggest in all of baseball “boasting full-screen, edge-to-edge coverage, and is more than twice the size of the current display at 5,940 square feet”. The bill for these purchases was $6.45 million. But not to worry as it all is fully paid through the Southeast Wisconsin Professional Baseball Park District, i.e., taxpayers.
Read MoreMilwaukee continues to be given imprecise stadium info from groups that are consistently wrong
If the rumors are true, city leaders from and around Milwaukee are preparing to give the Milwaukee Brewers roughly $520 million dollars in taxpayer money to upgrade America Family Field. Over the last few years, we have seen the Brewers asking for all sorts of different amounts of public money. Last year, they were thinking of asking for just $100 million of public money. More recently, they have been asking for $300-$430 million.
Read More10 years ago, Biloxi, Mississippi built a new ballpark and promised economic home-runs
The ballpark was to be built for the Biloxi Shuckers, the Class AA affiliate of the Milwaukee Brewers. In 2015, the city spent $36 million to build a new ballpark. Mississippi Gov. Phil Bryant claimed the new ballpark “would be an economic development driver for the area”. A local foundation estimated that this new ballpark would result in “an additional $10 million annually in visitor spending”. As AL.com notes, the ballpark came with a “promise of home runs inside and outside the…
Read MoreMilwaukee Brewers continue ballpark upgrades push, not moving very fast
In the last few months, the Milwaukee Brewers have been begging city/state leaders to give them money for ballpark upgrades. The Governor of Wisconsin proposed giving the Brewers almost $300 million in public money in exchange for an additional 13 years being added to the lease. This proposal really means that taxpayers will pay closer to $450 million in renovations over the next 20 years. Several Brewers executives did a PR tour and tried to tell everyone that the Brewers “want nothing more…
Read MoreThe Milwaukee Brewers have not created $2.5B in economic impact
CSLI is owned by the New York Yankees and Dallas Cowboys. They are writing reports that they themselves benefit from. Nothing bias about that. But maybe they hit the pavement and did extensive research into the Brewers financial impact. Nah, that is too much work. Their “independent research” got their financial numbers from the Brewers themselves.
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