The one-year ballpark lease extension the council approved with the Los Angeles Angels in January didn’t mean the current lease would expire when the extension does. As a result, the Angels could choose between a new or renovated stadium in Anaheim, a proposed waterfront ballpark in Long Beach, or simply play out their current lease, which extends through 2029. Read more here.
Category Archives: Lease & Contracts
Members of the Huntington Municipal Development Authority agreed Monday to sell the future site of the planned Marshall University baseball stadium to the university. Construction of the the $22-million, 3,500-seat stadium is slated to be placed out for bid by November 2019 with ground breaking by March 2020. Read more here.
With its four-year lease expiring in March 2020, the Edmonton Prospects (Summer Collegiate, Western Canadian Baseball League) has submitted a tenancy proposal for a 10-year lease of Re/Max Field. But it’s not the only group vying for the anchor space around a larger redevelopment of the surrounding neighborhood. Read more here.
The Long Island Ducks (Independent Professional, Atlantic League) celebrated 20 seasons of baseball Friday, and at least 10 more are on the way. As a capper to the pregame ceremony honoring the milestone before the Ducks faced the High Point Rockers at Bethpage Ballpark, team founder and CEO Frank Boulton signed a 10-year extension on the ballpark’s lease with Suffolk County. Read more here. Thanks to John Cerone for the heads up.
Gastonia (NC) leaders are leaning toward a new partnership that would bring a professional baseball franchise to the city, with the team playing in a new stadium just west of downtown and the ownership group also managing the multipurpose facility. Read more here.
Despite not having a Major League Baseball team yet, the Portland Diamond Project signed a labor agreement with the Oregon Arm of the American Federation of Labor. That means future employees in concessions, retail, maintenance, media and more could organize and join a union. Read more and watch news report here.
The city of Ottawa (ON) has ended the Ottawa Champions’ (Independent Professional, Can-Am League) lease at the municipal baseball stadium, but a deal has been made so that the team pays a rental fee, just like any other league or team renting city ball fields. Miles Wolff said the club had been talking with the city for nearly two years about the terms of the 10-year stadium lease to find some way to make it more “livable.” Under the terms of the original lease, the rent was over $400,000 a year. The team is reportedly in arrears. One missing piece to the Champions’ success model is the critical Confederation LRT station that was supposed to open in mid-2018, and it still doesn’t have an opening date set. Read more here.