Kannapolis to Take Control of Intimidators Ballpark

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.

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Filed under Money & Financials, Stadium Issues

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