Legislators argued Monday over whether the state should send the 10 percent admissions tax on minor league baseball tickets back to Hartford (CT) to provide financial help for building a new stadium for the coming Hartford Yard Goats (Double-A, Eastern League). Read more here.
Category Archives: Money & Financials
The Virginia Beach Neptunes (Indy Pro, Atlantic League) are closing in on raising the $6 million that will allow them to borrow an estimated $40 million more through bonds needed to build a new ballpark and bring the team to town, according to the team, investors and the city. Read more here. Thanks to John Cerone for the heads up.
Court documents in the case pending between the developer of Ashburn’s One Loudoun and Virginia Investment Partnership LLC (VIP) offer juicy details of the legal battle that has put the brakes on construction of a new baseball stadium for the expansion Loudoun Hounds (Indy Pro, Atlantic League). A trial on the matter has been set for October. Read more here.
No potential buyers came out Thursday for the first open house to inspect Aviators Stadium, which is being sold by its bank owners via online auction starting next Wednesday with at an opening bid of $1.5 million. Another open house will be held Friday, March 28. Read more and watch news report here.