Bellmead (TX) residents will decide in the May 5 election whether to create a new tax on hotel stays to help pay for a multi-purpose ballpark for the still-to-be-formed Waco BlueCats (Independent Professional, Southwest League). Read more here.
Category Archives: Money & Financials
If three of the four Democrats running for governor win in November, the Tampa Bay Rays shouldn’t bother asking the state for money to help build a new ballpark in Ybor City. Read more here.
After more than a year of negotiating local politics and evaluating alternatives, the managing partner of the Boise Hawks (Single-A, Northwest League) ownership group has returned to his Plan A: proposing a stadium on the southeast corner of Americana Boulevard and Shoreline Drive in Downtown Boise. Read more here.
President Donald Trump signed a spending bill into law Friday that includes the “Save America’s Pastime Act,” which allows professional baseball team operators to treat players like seasonal employees and not subject to overtime rules if they pay minimum wage. The latter could be a problem for the independent ranks, as stated below by Mike Shaprio, president and general manager of the San Rafael Pacifics (Independent Professional, Pacific Association):
“Like all indy leagues, it is a serious blow. We have long considered ourselves to be an apprenticeship for these players, to help them rise in the ranks, and therefore not subject to minimum wage.”
Fayetteville’s minor league baseball stadium has a $37.8 million budget, public officials said at a Fayetteville City Council meeting this week. Read more here.
For the elected officials who want to see the Tampa Bay Rays move to Ybor City, it’s especially good news that Hillsborough County had a record-setting year collecting the Tourist Development Tax, which now sits at 5 cents per dollar spent by visitors to stay at hotels, motels and other short-term rentals. There is interest in raising the tax by 1 cent to help pay for a new ballpark. Read more here.
During meeting on Feb. 21, members of the City Council said the guaranteed maximum price of Fayetteville’s new baseball stadium would be revealed during the Baseball Committee meeting on March 7. The release of the final price tag has now been pushed out until March 19. Read more here.