Going into yesterday’s Maricopa County board meeting on the possible sale of the Arizona Diamondbacks‘ stadium to a private investment firm, two of the big questions were: Could the county craft a deal that the Diamondbacks owners, who have the right to block a sale, would approve? And would any public money be required?
Coming out of the meeting, the Arizona Republic reports:
The Maricopa County Board of Supervisors voted unanimously Wednesday to move forward with negotiations to sell Chase Field, the downtown Phoenix home of the Arizona Diamondbacks, to private out-of-state investors…
But the county vote raised several key questions that went unanswered, including whether the team would support a sale and whether a taxpayer subsidy would be included.
Yeah, we’re cooking with gas now!
County supervisors told the Republic that the deal would extend the Diamondbacks’ lease through 2028, which sounds awfully presumptuous given that nobody’s actually talked to the team owners about this. The paper also reports that “the buyer would be required to reach a deal with the team within the first two years of the contract to pay for capital repairs over the life of the stadium,” which seems nuts — if the two sides just stare at each other saying, “You pay for it!” “No, you!”, what happens, do the buyers go back to the county for a refund?
On the subsidy front, supervisor Andy Kunasek, who you’ll remember from his profanity-laced “go to West Virginia” tirade in response to the D-Backs’ subsidy demands, raised the possibility of giving the private investors either a property tax exemption or a kickback of sales taxes, which apparently he doesn’t think would be “parasitic” if it’s someone other than the Diamondbacks owners getting it. (Maybe he’s still pissy over the Shelby Miller trade?)
Of course, all this is still in the very early stages, so it’s probably best not to think of anything as more than a harebrained scheme that somebody threw out there to see if it’ll stick. I mean, listen to this, from the Republic:
New shops, restaurants and hospitality services could spring up at the ballpark, as the buyer seeks to develop the site into a sports and entertainment “destination.” Among the ideas: Add retail and dining to the open plaza outside the stadium and within the stadium by reducing the seating capacity from 48,000 to 30,000.
This is for a stadium with a retractable roof, mind you, so it’s not like you can easily reduce the building’s footprint in order to jam in more steakhouses. I guess you could rip out all the seats down the left-field line and build a giant sushi bar or something, but that doesn’t seem like a much better idea. Besides, do you really want people eating raw fish before having to watch Shelby Miller?