Ever since then-Pawtucket Red Sox owner James Skeffington demanded a $60 million subsidy for a new stadium and then up and died, his successor Larry Lucchino has been keeping the new-stadium campaign on simmer, saying he still wants some kind of public money, just he’s not sure how much or for a stadium where. Now, Rhode Island Gov. Gina Raimondo has put a price tag on what the state will offer, or at least a maximum, maybe:
On Friday, Gov. Gina Raimondo told The Providence Journal the state should pay “certainly no more” than $35 million. That’s the first time she has publicly stated any dollar amount under consideration.
Why $35 million? That’s the amount that, the Providence Journal reports, “consultants” say it would cost to “cure structural deficiencies” at McCoy Stadium, the PawSox’ current home. That would appear to be this study, which includes everything from fixing cracked sidewalks to replacing all the seats and player lockers, to the point where it’s tough to tell what should be considered “renovation” and what “maintenance” (i.e., stuff you’d need to do in a new stadium sooner or later anyway), not to mention how much should be “stuff the team that actually plays there and uses it should pay for.”
Note, incidentally, that there’s a perfectly reasonably precedent by which owners of buildings pay for things and charge their tenants for it: It’s called “rent.” And really, that’s what Gov. Raimondo should be thinking about: Not how much the state or city would put in up front, but that if the public is going to help finance a new building, the PawSox should pay it off over time with increased rent.
Right now, though, it looks like nobody’s talking about how a stadium lease would work, only how up-front costs would work, which is dunderheaded but also standard operating procedure in these matters. Anyway, Lucchino wouldn’t comment of Raimondo’s sort-of offer beyond to say that it was “interesting,” so there’s still likely to be plenty of haggling ahead on this one.