The city of Memphis (TN) would reportedly spend $20 million to buy AutoZone Park and another $5 million for upgrades in a multiparty deal that would also see the St. Louis Cardinals take control of the Triple-A Memphis Redbirds (Pacific Coast League). The Cardinals would buy the team and pony up $15 million for ballpark upgrades. Read more here. Read week-old article here.
Details of AutoZone Park Acquisition Emerge
Filed under Lease & Contracts, Money & Financials, Stadium Issues