The Kannapolis (NC) City Council approved a deal last night to purchase Fieldcrest Cannon Stadium, home of the Single-A Kannapolis Intimidators (South Atlantic League), from Rowan County for $3 million, financed interest free over a 50-year term. The city will be solely responsible for ballpark maintenance and negotiations with the Intimidators ownership group. Read more here. Thanks to John Cerone for the link.
Kannapolis to Take Control of Intimidators Ballpark
Filed under Money & Financials, Stadium Issues
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