Starting March 25th Aviators Stadium will be on the auction block. Northside Community Bank of Gurnee is putting the Stadium up for sale. The bank foreclosed on the ballpark in February of 2012 when the former owners were unable to make payments. Bidding will take place online and run through April 2. The bidding is expected to start at $1.5 million. Read more and watch news report here.
Category Archives: Money & Financials
The City of Biloxi (MS) has one week to decide where the Double-A Biloxi Shuckers (Southern League) will open the 2015 baseball season. If city leaders want the first home game to be played at MGM Park, and avoid a penalty of $10,000 for each game the Shuckers are forced to play elsewhere, it will cost another $1 million. Read more here.
Earlier this week, John Cannon, general manager of the indy pro Rio Grande Valley WhiteWings (United League), confirmed that the team has ceased operations. Doneen Poulton, a widow on a fixed income who forked over $276 for two season tickets for what would have been the 2015 season, said she is concerned she will never see a refund. Read more here.
The Wake County Board of Commissioners on Monday agreed to award $1 million to Holly Springs (NC) to help fund their $19 million athletic complex, which includes a new baseball stadium for the summer collegiate Holly Springs Salamanders (Coastal Plain League). The team is scheduled to begin play in the new ballpark this coming season. Read more here.
In a news release announcing the start of single-game ticket sales, the Los Angeles Dodgers tucked this sentence into the last paragraph: “Parking at the gate day of game is $20.” The price for the same parking was $15 last year and $10 in 2013. Read more here. Thanks to Joe Mock for the link.
The Triple-A Reno Aces (Pacific Coast League) had to borrow money from one of its owners to meet general expenses last year and can’t afford to pay more than the interest on its $55 million construction loan, according to a presentation submitted to the Reno City Council. Read more here .