Friday! Let’s see what else has been happening this week:
- The owners of the Minnesota Wild have extended their lease for ten years, through 2035, in exchange for cutting their rent from $9 million a year to just over $3.5 million. That may sound like a $55 million gift (or an $88 million gift — the Pioneer Press wasn’t clear about whether the rent reduction starts now or in 2026), but St. Paul officials say it won’t cost the city any money, because they renegotiated the public arena bonds so that they can be paid off over a longer time. No, I don’t get it either, this is just what the newspaper says the unnamed city officials said, go ask them.
- The Oakland A’s owners have a tentative agreement to buy Alameda County’s half of the Oakland Coliseum site for $85 million. (The public landowners previously turned down a purchase offer of $167 million when it looked like the Raiders might stay put there, and other indicators put the market value of the site in the same range, so the price looks reasonable, at least.) No, that doesn’t mean the A’s owners will necessarily build a stadium there — they say Howard Terminal is still their first choice for that — but they could, or they could just build other development there, or they could be prohibited from building anything, given that Oakland Mayor Libby Schaaf has been complaining that the county selling its stake without consulting the city, which owns the other half, could be illegal. Check back again in about a month, when the deal is supposed to be finalized, maybe.
- Calgary councillor Jeff Davison, the main proponent of a new arena for the Flames, says that “the City of Calgary will own” any arena, which could mean, well, anything really: Will the city own just the deed, or the revenues from the build as well? Who will control non-hockey events? Who will pay maintenance? Will the building pay property taxes? Rent? The Calgary Herald says that “an official with the Flames said there was ‘nothing to report’ when asked for comment,” so we’re flying blind here, at least until Davison drops some more hints about what he thinks is going to be approved, if he even knows what will be approved and isn’t just trying to boost his plan’s prospects by talking it up in the press. Stenography journalism is hard!
- Eastern Illinois University is looking at building an esports arena in a second-floor classroom, and now I really don’t get why Comcast Spectacor needs to spend $50 million to build one in Philadelphia.
- This week in vaportecture: One of the ghostly figures projected to attend Worcester Red Sox games has now wandered onto the imaginary field’s imaginary second base and is celebrating an imaginary double; the F.C. Cincinnati stadium will now feature a “grand staircase” that is supposed to echo the Spanish Steps in Rome and the front steps of the New York Public Library, which are 174 steps and (roughly, I can’t find a count online) 25 steps respectively, whereas these look like they’ll be seven steps max, but okay; and the Tampa Bay Rays stadium in Tampa that will never be built has finally turned around its field so the giant gap in the grandstand isn’t behind home plate but is now in center field, which is more reasonable but, remember, not going to be built anyway, so never mind.
- And speaking of Tampa, newly elected mayor Jane Castor has declared, “I will do what I can to have the Rays move to Tampa.” Rays owner Stuart Sternberg can’t move anywhere until 2027 without the permission of St. Petersburg, and the term Castor was just elected to expires in 2023, so good luck with that one, mayor.
I told my landlord that if they cut my rent by 50% I’d sign a lease extension, but if they didn’t I was going to move to another city. He said go a head and move. That’s weird, right?
Did you present him with an economic impact report showing how many jobs you create?
https://bit.ly/ned-balter
I guess it’s better to try and emulate the Spanish Steps than the Odessa Steps.
The city of Oakland has wanted to buy out Alameda County’s portion of the JPA/Coliseum (& AlCo has wanted to sell it’s portion) for at least 5 years.
The city has been unable to scrape together the money, and the County got tired of waiting. There is also the ENA for the Coliseum that was signed just about a year ago between the JPA/A’s, so it’s less about “illegal sale” and more about “We (city) just lost a lot of possible leverage over the team for both the Coliseum *and* Howard Terminal. And we’re not happy about it”.