Building off the success of three consecutive attendance record setting seasons, the Birmingham Barons (Double-A, Southern League) and the Chicago White Sox have jointly agreed to terms on a two-year extension of their Player Development Contract through 2020. Read more here.
Category Archives: Lease & Contracts
PRESS RELEASE – The Lowell Spinners, the Class A Affiliate of the Boston Red Sox, are excited to announce that the two organizations have extended their Player Development Contract (PDC) through 2018. The extension will keep the Spinners in the city of Lowell and a member of the New York-Penn League for at least three more seasons. Continue reading
The Virginia Beach (VA) City Council voted Tuesday to approve changes to a lease for a planned 5,000-seat professional baseball stadium for the Virginia Beach Neptunes (Indy Pro, Atlantic League) and collateral development. Read more here.
As expected, the Tampa Bay Rays have rejected a proposal by St. Petersburg (FL) City Council member Jim Kennedy that would have allowed the team to explore locations for a new stadium, but cost them millions if they left the city. Read more here.
PRESS RELEASE – The New Orleans Zephyrs have reached an agreement with the State of Louisiana on a new lease for Zephyr Field. Continue reading
Saying 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.
Lafayette (IN) city leaders made it official Tuesday: a summer collegiate Prospect League baseball team will call Columbian Park’s Loeb Stadium home, starting next summer. Success could mean discussions about a new ballpark in a few years, according to Mayor Tony Roswarski. Read more here.