PRESS RELEASE – The Rochester Red Wings and Minnesota Twins have announced a two-year extension of their Player Development Contract, maintaining the two clubs’ affiliation through at least the 2016 season. The announcement was made by Twins Executive Vice President and General Manager Terry Ryan, Red Continue reading
Category Archives: Lease & Contracts
With the indy pro Newark Bears (Can-Am League) now just a memory, the city of Newark and Essex County, both on the hook for more than $2 million in annual debt obligations on Riverfront Stadium until 2029, continue to scramble to find a new tenant. Meanwhile, former Bears owner Doug Spiel says he plans to join three friends in launching a four-team fall league for rookie-level players in Arizona next September. Read more here.
PRESS RELEASE – The Lexington Legends and their major league parent club, the Kansas City Royals, have agreed to a two-year extension of their player development contract. The new contract will run through the 2018 season. The Legends became the Royals’ class A affiliate when a four-year agreement for 2013 through 2016 was Continue reading
PRESS RELEASE – The BlueClaws and Philadelphia Phillies are pleased two announce an extension of their Player Development Contract (PDC). Continue reading
Josh Solomon, owner of the Double-A New Britain Rock Cats (Eastern League), showed up at city hall Wednesday afternoon with a check for $164,569, paying off the tax bill on New Britain Stadium and keeping the team’s lease valid. Read more here.
PRESS RELEASE – The Peoria Chiefs and St. Louis Cardinals have announced the signing of a four-year extension of the player development contract (PDC) that will run through the 2020 season. Continue reading
New Britain (CT) city attorneys put the Double-A New Britain Rock Cats (Eastern League) on notice by certified mail Friday that they are in default of their lease agreement because they have not paid the city of Berlin (CT) $164,569 they owe in taxes. The Rock Cats owe Berlin taxes because some of the New Britain Stadium property straddles the town line. According to the New Britain mayor’s office, Continue reading