Blasters Seek Payment Forgiveness, Lease Restructuring to Save Team

Joplin Blasters LogoSaying they cannot afford to operate in Joplin (MO) without a lease restructuring because of lower than expected paid attendance, the owners of the Joplin Blasters (Indy Pro, American Association) announced they want the Joplin City Council to forgive the $37,500 quarterly lease payment that was not paid on Oct. 1, and to reduce the annual lease in future seasons from $150,000 to $50,000.  Read more here.  View proposal here.  Watch news report here.

2 Comments

Filed under Lease & Contracts, Money & Financials, Rankings & Attendance, Stadium Issues

2 responses to “Blasters Seek Payment Forgiveness, Lease Restructuring to Save Team

  1. Just some Joe Blow

    And I’m sure they would have offered to pay more than what was agreed to should they have exceeded attendance expectations.

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