- The group trying to force a public referendum on Phoenix Suns arena subsidies threw in the towel this week, after the city promised a court battle on the grounds that spending $168 million in tax money on renovating an arena is not a “legislative act.” The lesson: If your opponent doesn’t have deep pockets, threaten to sue them into oblivion. (Side lesson from the Suns mess: Elected officials always have their price, and it’s usually pretty cheap.)
- Carolina Panthers owner David Tepper said he’d “love to put some sort of roof” on his stadium so it could host the Final Four, and because this is 2019, nobody can tell if he was kidding.
- David Beckham’s Inter Miami has been turned away by both the Miami Marlins and Dolphins to share digs temporarily in 2020, thanks to the problems of scheduling MLS games around the MLB or NFL schedules, leaving the team with a mystery “preferred site” that team co-owner Jorge Mas promised to reveal in “late February, early March.”
- Oakland Raiders owner Mark Davis says he is “not frustrated” about not having a place to play in 2019, indicating it’s his “preference” to stay in the Bay Area but that he has “other options” as well. In other words, Mark Davis probably doesn’t have any better idea than the rest of us where the Raiders will open the 2019 season, which is just seven months away.
- Sorry if I failed to keep you up on the Queensboro F.C. saga, but the city of New York late last month signed a letter of intent that proposes two scenarios for the contested Willets Point neighborhood, one with a minor-league soccer stadium, one without. In other words, nothing has been decided at all, so feel free to go back to ignoring this story until somebody actually takes a step toward putting concrete plans in motion, or at least releases some cool vaportecture renderings.
- Tottenham Hotspur stadium opening update: April, maybe.
- In anticipation of the arrival of the Boston Red Sox‘ Triple-A team in Worcester, the Worcester Business Journal has taken an exhaustive look at how funding a new minor-league ballpark worked out for nearby Manchester, New Hampshire and eleven other cities. The answer: really, really not well at all, with the new stadiums sparking little of the promised neighboring development. On the glass-partly-full side, Southern New Hampshire University business professor Doug Blais does say of building sports venues, “It’s much easier to say it’s been successful at a $25-million price point rather than a $100-million price point”; unfortunately, Worcester is on the hook for more than $90 million.
- And here’s an exhaustive look from the Kansas City Star at some Chiefs tax returns that were briefly made public; no earth-shattering stadium subsidy news, but it is an excellent explanation of how easy it is to make a bundle owning an NFL team, regardless of whether you win games or not.
- And here’s an article from Fast Company about how stadiums can be good things for municipalities, because look at what the Roman amphitheater in Arles has done for that French city. Never let it be said that I do not provide you with links to the full breadth of stadium coverage.
F.C. Cincinnati has released new renderings of its planned $250 million MLS stadium, and as tends to happen, now that the public money is secured and it’s more important to figure out how to cut costs, the designers are taking steps to drab it up. Here, as a reminder, is the original plan:
And here’s what the team is proposing now:
Note any differences? It’s subtle, but I bet you can spot it.
The orange glow, said team officials according to the Cincinnati Enquirer, was eliminated “to accommodate neighborhood residents who were concerned and to cut costs.” Instead, the entire stadium will now be in black and white, as well as the entire surrounding neighborhood. Sounds like somebody needs a magic basketball!
In other news, F.C. Cincinnati’s owners were seeking to get a city-owned parking lot on the stadium site for $1, while the city council was holding out for the site’s $1,632,384 appraised value. The solution reached yesterday: The team will give the city use of a whole bunch of parking spaces plus a $300,000 police investigative unit facility, but no actual money. Mayor John Cranley said that the proposed deal “in my opinion gets us more than double the city’s appraised value,” and is “frankly a no-brainer”; Cranley didn’t show his math, but clearly he puts a lot of value on free parking.
Friday roundup: Vikings get $6m in upgrades for two-year-old stadium, Sacramento finds rich guy to give soccer money to, CSL screws up yet another stadium study
No time to dawdle today, I got magnets to mail, so let’s get right down to it:
- The Minnesota Vikings‘ two-years-and-change-old stadium is getting $6 million in renovations, including new turf, and taxpayers will foot half the bill, because of course they will.
- Billionaire Ron Burkle is becoming the majority owner of the USL Sacramento Republic, so now Mayor Darrell Steinberg wants to give the team “tens of millions of dollars” in infrastructure and development rights and free ad signage so that he can build an MLS stadium. “The richer you are, the more money we give you” is the strangest sort of socialism, but here we are, apparently.
- Concord, an East Bay suburb until now best known as “where the BART yellow line terminated until they extended it,” is considering building an 18,000-seat USL stadium. No word yet on how much it’ll cost or how much the city will chip in, but they probably first need to wait to see how rich the team’s owner is.
- Not everyone in Allen, Texas wants to live across the street from a cricket stadium, go figure.
- Everybody’s favorite dysfunctional economic consultants Convention, Sports & Leisure have done it again, determining that Montreal would be a mid-level MLB market without bothering to take into account the difference between Canadian and American dollars. (One the exchange rate is factored in, Montreal’s median income falls to second-worst in MLB, ahead of only Cleveland.) CSL explained in a statement to La Presse that it wanted to show “the relative purchasing power” of Montrealers, and anyway they explained it in a footnote, so quit your yapping.
- The Milwaukee Brewers are going to change the name of their stadium from one corporate sponsor to another, and boy, are fans mad. Guys, you know you are free to call it whatever you want, right? Even something that isn’t named for a corporation that paid money for the privilege!
- Local officials in Maryland, Virginia, and D.C. are still working on an interstate compact to agree not to spend public money on a stadium for Dan Snyder’s Washington NFL team, though passage still seems unlikely at best, and the history of these things working out effectively isn’t great. Maybe it’ll get a boost now that team execs have revealed that the stadium design won’t include a surfboard moat after all. Nobody respects the vaportecture anymore.
- The libertarian Goldwater Institute is suing to force the release of a secret Phoenix Suns arena study paid for by the team and conducted by sports architects HOK, but currently kept under lock and key by the city. (Literally: The study reportedly is kept in locked offices and is only allowed to be accessed by a “very limited number” of people. Also, a citizen group is trying to force a public referendum on the recently approved Suns arena subsidy, though courts have generally not been too keen on allowing those to apply retroactively to deals that already went through. And also also, one of the two councilmembers who voted against the Suns subsidy thinks the city could have cut a better deal. Odds on any of this hindsight amounting to anything: really slim, but maybe it can help inform the next city to face one of these renovation shakedowns, if anyone on other city councils reading out-of-town news or this site and ultimately cares, which, yeah.
- Oakland Raiders owner Mark Davis and Los Angeles Rams owner Stan Kroenke signed agreements to cover the NFL’s legal costs in any lawsuit over those teams’ relocations, and they’re both being sued now (by Oakland and St. Louis respectively), and NFL lawyers are really pricey. Kroenke is reportedly considering suing the league over this, which I am all for as the most chaotically entertaining option here.
- Wilmington, Delaware is being revitalized by the arrival of a new minor-league basketball team, so make your vacation plans now! Come for the basketball, stay for the trees and old cars! Synergy!
Friday roundup: Fact-checking Suns arena impact claims, the hidden cost of hosting the NCAA Final Four, and everybody gets a soccer team!
Thanks to everyone who became a Field of Schemes supporter this week in order to get a pair of my goofy refrigerator magnets! If you want to hop on the magnet train, you can still do so now, or you can first stop and read the rest of the news of a wacky week in stadium and arena developments:
- The Arizona Republic has been full of both articles and op-eds this week asserting that giving $168 million to the Phoenix Suns for arena renovations is a good thing (sample reasoning: “The arena is old and needs updated. The Suns are young and need direction.”), but then it also ran an excellent fact-check that concluded that claims of the arena having a significant impact on the city’s economy are “mostly false,” citing the umpteen economic studies showing exactly that (sample conclusion, from Temple economist Michael Leeds: “A baseball team has about the same impact on a community as a midsize department store”). On balance, good enough work that I hope the Republic can avoid being bought by an evil hedge fund that is trying to buy up newspapers and strip-mine them for any assets; what would really be nice would be if they can be bought by someone who can afford copy editors (“is old and needs updated”?), but I know it’s 2019 and we can’t have everything.
- Where the Oakland Raiders are rumored to be playing the 2019 season this week: San Francisco, Santa Clara, and Oakland. These are all disappointingly old ideas — am I going to have to be the one to suggest Rio de Janeiro?
- And speaking of me, I wrote a long essay for Deadspin this week on how changes in baseball economic structure are incentivizing owners to cut player salaries without illegally colluding to do so. This is at best tangential to the stadium business, except inasmuch as it’s about “how sports team owners make their money and what affects their profits,” so it’s good to know even if you don’t especially care about who signs Manny Machado or Bryce Harper.
- The president of the USL wants to expand the soccer league’s two tiers to 80 teams total, which is getting awfully close to the ABA’s “bring a check and you can have a team” model.
- The new Austin F.C. MLS team was approved to start play in 2021, and celebrated by proposing a chant to memorialize the city council vote that approved its stadium funding: “7-Fooour, 7-Fooour/It’s not the score, it was the vote/That got us all our brand new home.” I am not making this up. (If I were making this up, I would at least try to get it to rhyme.)
- Los Angeles Angels owner Arte Moreno signed a one-year lease extension on the team’s stadium through 2020, which is disappointing in that I really thought the city should have used this leverage to demand a longer-term lease extension (what’s Moreno going to do otherwise, go play in Rio de Janeiro?). But Craig Calcaterra’s summary of the situation (sample description: this will give time to resolve “a long-term solution for what, at least from the Angels’ perspective, is a stadium problem”) is so on point and such a good model for how to report stadium controversies fairly and accurately that I’m not in the mood to complain.
- Hosting the NCAA Final Four will cost Minnesota $10 million, because there are lots of curtains to be hung and temporary seating to be put in place, and the NCAA sure as hell isn’t going to pay for it. But Minnesota will surely earn it back in new tax revenues, because economic studies show … oh wait.
- Some billionaire in St. Louis thinks the city should have an NBA team, and some writer for something called the St. Louis American thinks the city should try to steal the New Orleans Pelicans. Now let us never speak of this again.
Chicago Cubs owner Tom Ricketts will not be bringing a new USL soccer team to that city, after alderman Brian Hopkins issued an open email declaring his opposition to the planned Lincoln Yards redevelopment project including either a soccer stadium or a proposed series of Live Nation music venues:
“I have informed planning officials at Sterling Bay, the developer of the proposed Lincoln Yards project, that I am not in support of a major sports and entertainment arena within either of their two planned development districts now under consideration,” Hopkins wrote in an email to his constituents this morning. “I have further requested that the identified site of the proposed stadium . . . be repurposed as open and recreational park space.
Developers Sterling Bay later confirmed that it would be removing the stadium and the Live Nation venues from the plan.
The project is set to get at least $800 million in tax increment financing — i.e., kickbacks of future property taxes — which has been outgoing mayor Rahm Emanuel’s favorite subsidy scheme. (Most of it is supposed to be used for “infrastructure” work, but we’ve seen before how that can easily bleed into costs that would normally be private developers’.) The big uproar over Lincoln Yards, though, has been over the soccer stadium that nobody wants, plus all those music venues run by a single corporate entity, right on the doorstep of a bunch of famed independent bars and small clubs that feared they would be driven out of business. Hopkins clearly heard those complaints, and used his power as local alderman to put the brakes on the aspects of the plan that had the most public opposition.
There’s still a long way to go to finalize revamped plans for the development project, and that’s still a hell of a lot of TIF money to be devoting to development that arguably wouldn’t do much to improve Chicago. (There would be some affordable housing, but $800 million worth?) For the purposes of this site, though, there won’t be a stadium involved, so watch your local Chicago listings — the desiccated husk of the Chicago Reader has done excellent reporting on Chicago’s TIFs — for further news of this story as it develops.
That crazy idea to put a minor-league soccer stadium next to the Mets park is probably just a crazy idea
Back when news broke last month of a possible USL franchise called Queensboro F.C. building (or having built for it, or god knows what) a 25,000-seat minor league soccer stadium next door to the New York Mets‘ ballpark, on a plot of land originally cleared for affordable housing, I promised a more in-depth report. And now my report is up, at Gothamist, and it is way more loopy than even I could have expected:
Queens borough president Melinda Katz — one of the two task force co-chairs — has begun stepping up talk of what could be the least likely endgame of all for Willets Point: a professional soccer stadium that would take up as much as 17 acres of the redevelopment site, to be built with uncertain funds, for a minor-league soccer team called Queensboro F.C. that does not, strictly speaking, exist…
“The city spent approximately $200 million in acquiring these properties. I don’t think they did that to build a soccer stadium,” says Hiram Monserrate, the disgraced former state senator turned district leader who is affiliated with the new coalition Nos Quedamos Queens. (Nos Quedamos Queens, in turn, is unaffiliated with the older Bronx group Nos Quedamos, best known for its successful advocacy for the Melrose Commons project, by all accounts the most effective project in city history at constructing affordable housing without displacing existing residents.) “I’m a soccer fan. But you can’t build a sports coliseum at the expense of meeting the needs of the people, and the people need housing.”
If you can’t get into a story that pits a former city councilperson–turned–borough president–turned district attorney candidate (and also baby mama to Guardian Angels founder Curtis Sliwa) against a city councilperson–turned–state senator–turned–jailbird for misuse of campaign funds–turned–community activist, all over whether to devote public land that was cleared of small businesses at great city expense (said businesses immediately going bankrupt at their new location) to a stadium for a soccer team that doesn’t exist yet or even have an identified owner, then, well, I don’t know why you’re reading this site.
The upshot, for those of you who are in a hurry, seems to be that Katz and her allies are grandstanding on this soccer idea for unknown reasons, but nobody else seems super-psyched about it, so it probably won’t happen. But it could happen, maybe, if the Mets owners want it to happen, which they probably don’t care that much about, but they might. Hopefully I will get a chance to revisit this story, because it exactly the kind of batshit that is incredibly fun to write about, not to mention a great cautionary tale of the dangers of farming out public policy to quasi-public agencies and secret task forces and the like.
Friday roundup: More Raiders temporary home rumors, more MLB expansion rumors, and pro cricket (?!?) in Texas
Was this week longer than usual, or did it just feel that way? The number of browser tabs I have open indicates the former — personally, I blame the moon.
- Or maybe the Oakland Raiders will play in Arizona next year? When you have a lame-duck team whose new stadium in its new city isn’t ready yet, no idea is dumber than any other, really.
- The University of Texas is reportedly building a new $300 million basketball arena at no cost to the state or the university, though if you read the fine print it’s actually getting Oak View Group (the same people behind Seattle’s arena rebuild) to build the arena in exchange for letting OVG keep a large chunk of future arena revenues. So really this is no different from UT building the arena themselves and using future revenues to pay off the construction costs, except I guess that OVG takes on the risk of cost overruns. Anyway, this is a good reminder that it’s not just about the costs, it’s about the revenues, stupid.
- Las Vegas wants an MLB expansion team. It shouldn’t hold its breath.
- There are lots of ideas for what to do with D.C.’s RFK Stadium site, and not all of them involve a stadium for Washington’s NFL team.
- Queens community groups are protesting possible plans to build a soccer stadium for a would-be USL team called Queensboro F.C. on the Willets Point site cleared of businesses for redevelopment (including affordable housing) several years ago. This is a super-weird story that I’m still trying to get to the bottom of, so stay tuned for a more in-depth update soon.
- Ottawa Senators owner Eugene Melnyk now says he’d consider letting someone else own his team’s proposed downtown arena if they’d pay to build it, contradicting what he said two years ago. Here’s a fun list of other times Melnyk contradicted himself!
- Lots of public meetings coming up in Phoenix on the much-derided $230 million Suns arena renovation plan. The city has also posted the actual arena proposal, which among other things notes that the Suns’ rent is projected to go up from $1.5 million to $4 million a year in a renovated arena, which would help offset some of the public’s $168 million in costs, though it doesn’t say whether the rent (which is based on revenues) would go up in an unrenovated arena as well, so really this wouldn’t offset it all that much.
- Speaking of the Suns, NBA commissioner Adam Silver said this week that “it’d be a failure on my part if a team ended up moving out of a market.” Now that’s how you play the army protection racket non-threat threat game! Rob Manfred, take notes. (Actually, please don’t.)
- And speaking of Manfred, MLB is reportedly considering letting teams take control of their streaming broadcast rights instead of running them all centrally through MLB.tv, which would be a huge deal in that it would allow teams in large markets to monopolize streaming revenue like they currently do TV revenue, forestalling an NFL-like future where TV money is a more level playing field. They could offset this through increased revenue-sharing, sure, but … you know what, let’s table this discussion until there’s more than an unsourced New York Post item to go on.
- Allen, Texas, is talking about building a pro cricket stadium via a “public-private partnership,” leaving me with two big questions: 1) how much is the public kicking in, and 2) maybe would it be a good idea to wait until a pro cricket league actually exists before building a stadium for it to play in?
- The Athletic has a strangely formatted article about how finished MLS stadiums seldom look like their renderings that’s a fun read if you’re an Athletic subscriber, which you probably aren’t. (I got the $1-for-90-days trial deal, so I can keep tantalizing you with paywalled stuff for another few weeks yet.)
Friday roundup: Buffalo saber-rattling, Edmonton parking fee shortfall, Chicago music venues go to war against soccer plans
And in other news of the week:
- This was actually last week, but I missed it then: Anaheim Mayor Tom Tait has led the city council in voting to conduct a new appraisal of the Angel Stadium property as Los Angeles Angels owner Arte Moreno prepares to opt out of his team’s lease next year. Councilmember Kris Murray, one of the two no votes, argued that this was tantamount to telling the Angels to leave; Tait replied that knowing how much the land was worth would be crucial to any stadium negotiations the incoming mayor will have with Moreno. The Gang of Four is going to miss Tom Tait.
- The owners of the Buffalo Bills and Sabres have hired consultants CAA ICON and architecture firm Populous to “give us options” for renovating or replacing the teams’ existing venues. This is not necessarily the first step toward demanding new buildings, but it’s more of a step than the Pegulas have taken thus far, so certainly bears watching.
- The Tampa Bay Buccaneers have been giving away unused tickets for free to their season ticket holders, to try to fill up the seats at their underattended games. Finally something that Los Angeles Chargers fans can point and laugh at! Both of them!
- The $8.7 million a year that Edmonton was projecting to bring in from parking fees outside the Oilers‘ new arena turns out to be somewhat less: just $2.5 million a year, leaving the city with a roughly $57 million hole in its arena budget. City councillor Jon Dziadyk immediately leaped into action, blaming the reduced parking fees on people not wanting to drive downtown because there are too many bike lanes.
- Hey, remember that minor-league soccer stadium a major Chicago developer wanted to build as part of a major Chicago development, originally pegged to luring Amazon to town but now with a life of its own? Turns out the whole thing would be funded by tax increment financing kickbacks, and would include three to five new concert venues to be run by the entertainment giant Live Nation that local concert venue operators say would drive their non-subsidized clubs out of business. The Chicago Tribune reports that the fledgling Chicago Independent Venue League “already had its new logo, a peregrine falcon wrapped with a snake, printed on black tee-shirts,” which honestly is going to be tough for any soccer team to top.
Friday roundup: Tampa won’t divert road money to Rays stadium (probably), Columbus may spend $100m on Crew stadium, Anaheim signs Ducks lease extension as new mayor vows to placate Angels
You know who the real turkeys are this week? Nah, my heart isn’t in making Thanksgiving puns, just read the news, folks:
- Three of seven Hillsborough County commissioners have promised that a new sales tax for transportation projects won’t mean diverting money from the existing transportation project to, say, a Tampa Bay Rays stadium, which the mathematically inclined will notice isn’t actually a majority of the county board. It’s still not super likely that the county will try to raid transportation funds to pay for a stadium, unless maybe it’s for transportation costs related to one, and there’s still several hundred million dollars in construction costs unaccounted for, but anyway it’s worth keeping at least half an eye on as we head toward the team’s December 31 lease opt-out deadline.
- A paid consultant working on a new downtown arena for Saskatoon says it could have a “catalytic effect,” because of course he does, really, Global News, you ran an entire article that’s just interviewing one guy employed on the project? For this you want me to disable my ad blocker?
- Forbes’ Mike Ozanian reports that “a person with knowledge of the deal to keep Major League Soccer’s Columbus Crew in that city” says the new owners will pay $150 million for the franchise and spend $150 million toward a new downtown stadium, while “the public would foot the other $100 million.” Nobody else seems to be reporting on this, so maybe we should wait to be sure that Ozanian didn’t get his plus and minus signs mixed up again.
- The Atlantic’s Rick Paulas suggests that we end stadium extortion by forcing pro sports leagues to massively expand and then institute promotion and relegation, which would sort of work, if there were an easy way to accomplish this through antitrust legislation, which you’d think if Congress could manage that they could manage the much more straightforward measure of taxing sports subsidies out of existence, but who knows, maybe a “market-based” solution would go over better in these times, sure, what the hell. “Of course, cities could also elect leadership that will defend them against bad deals,” notes Paulas, which isn’t a bad idea either.
- Anaheim has signed a lease extension to keep the Ducks in town through 2048, involving the city selling the team 16 acres of land for $10 million — which if the stymied Angels deal is any guide would probably be a small discount, though Anaheim officials claim it’s market value — but the city will get a cut of arena profits after the first $6 million a year instead of the first $12 million, a threshold that’s never been hit. There are a lot of (small) moving pieces here, but I’m willing to say this is probably not too bad a deal, especially compared to some of the much, much worse lease extensions that cities have agreed to. Next is to to see about getting Angels owner Arte Moreno to accept the same logic, now that newly elected mayor Harry Sidhu is vowing to change “the hostile political environment in Anaheim” and “keep the Angels in Anaheim where they belong,” okay, Anaheim residents are probably going to have to settle for just a good Ducks deal.
- Atlanta Falcons COO Greg Beadles tells NPR it’s not team owner greed that causes stadium food prices to be so high, it’s just that after teams force concessions companies to bid as high as possible for stadium contracts, the only way they can make money is to charge through the nose for food! Anyway, NPR gets busy talking to fans at a Falcons game about whether they’re happy the team lowered its food prices, and they’re happy about it, so no time to fact-check whether team execs’ statements make any damn sense. Free refills on soda, woohoo!
Friday roundup: Possible Suns arena renovation funding plan, A’s and Rays still promising stadium news by year’s end (but don’t hold your breath)
When it rains, it pours, and this week provided a deluge of stadium news:
- Fox 10 Phoenix is reporting that Phoenix city officials and the owners of the Suns have reached a “tentative deal” on splitting the cost of arena renovations, which would have gotten its own item here if anyone other than that one news outlet based on no named sources were reporting it. Also any deal would still require approval by the city council, so really this is just “Suns owners and lame-duck mayor of Phoenix have almost agreed on what to put in an arena renovations funding bill, but won’t tell us what it will be yet.” Meanwhile, lawsuits continue over Phoenix refusing to release any details of what the Suns are seeking in renovations or anything about the team’s finances.
- Tampa Bay Rays owner Stuart Sternberg still has only until December 31 to tell St. Petersburg if he wants to move out before 2027, while Hillsborough County is telling county commissioners there won’t be any news about a potential stadium in Tampa until after the new year. This means Sternberg will almost certainly have to negotiate an extension on his opt-out clause; one hopes that St. Pete Mayor Rick Kriseman will demand a bigger payoff this time in exchange for doing Sternberg a favor, but maybe Kriseman figures his city will benefit enough from getting the Rays out of their hair and getting to develop the Tropicana Field site that asking for cash on top of that would just be greedy.
- Here’s an ESPN article on how real-estate deals are helping the Golden State Warriors and other NBA teams afford money-losing arenas, which doesn’t really make sense because if that were really the case the NBA teams could just be doing the real-estate deals and staying in their old arenas and keeping all the real-estate profits instead of blowing them on new arenas, but I guess this is why I don’t normally go to ESPN for my real-estate economics news.
- Speaking of the Warriors, they’re also helping boost their profits by selling $100 monthly passes to get into the arena but not actually see the games. I would ridicule them for this, but ever since the Dallas Cowboys sold $200 tickets to sit outside the stadium and watch the Super Bowl on TV, I no longer consider anything too ridiculous for sports fans to put up with.
- The Oakland A’s owners say they’ll announce their preferred stadium site by the end of the year, to which former A’s exec Andy Dolich replied, “I have no doubt that the A’s will announce their site by the end of the year. They did so in 2006 for Cisco Field, in 2009 for Diridon Station, in 2011 for Victory Court, in 2013 for Coliseum City and in 2017 for Peralta College.” Ouch.
- Part of the Milwaukee Brewers‘ retractable roof was making a weird clicking noise, but don’t worry, they’re fixing it, this totally won’t turn into a demand for taxpayers to build them a new roof, not when the stadium is only … 17 years old? Okay, it won’t turn into a demand this year, anyway. Probably.
- In case you’re wondering what lease extension extortion money looks like on the minor-league level looks like, the Binghamton Rumble Ponies just got $5 million in state and city money for stadium upgrades in exchange for signing a new lease through 2026, which is less than major-league teams have gotten away with, but still pretty damn sweet if you’re the owner of a Double-A team.
- Though when you consider that the Single-A Potomac Nationals just got $35 million from the city of Fredericksburg, Virginia for a whole new stadium with just a 30-year lease, maybe Binghamton got off relatively easy.
- The San Francisco 49ers stadium’s turf is still a slippery wreck, but the difference is now people are blaming California wildfires. The 49ers ownership was so smart to get all their stadium money from fans up front before anybody got a look at the new place.
- The Oakland Raiders still don’t have a place to play next year. Too bad for them the probable labor stoppage isn’t coming until 2021.