Category Archives: Money & Financials

Tax Overhaul Ends Tax Deduction for Hosting Clients at Sporting Events

Tucked into the massive $1.5 trillion tax overhaul that Congress approved last month was the elimination of the 50 percent tax deduction that firms had long been able to take on business-related expenses for “entertainment, amusement, or recreation.”  Read more here.

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Senate Passes PawSox Ballpark Legislation, House Up to Bat

The Rhode Island Senate on Tuesday easily passed legislation for a new Pawtucket Red Sox (Triple-A, International League) stadium, sending the bill to the House, where it has a more uncertain future.  Read more here.

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Filed under Design & Construction, Money & Financials, Stadium Issues

Legislative Committee to Consider PawSox Ballpark Plan Thursday

The Rhode Island Senate Finance Committee is scheduled to meet Thursday this week to consider legislation to provide public support for a new stadium for the Pawtucket Red Sox (Triple-A, International League).  Read more here.

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Talking Ballpark Maintenance in Gary

The Gary (IN) Common Council fell one vote shy of giving its approval to an ordinance that would have allocated money to pay for the maintenance and cleaning of the city-owned ballpark used by the Gary SouthShore RailCats (Independent Professional, American Association).  Read more here.

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City Receives Generous Gift from Long-Time Baseball Fan to Care for NYSEG Stadium

The City of Binghamton (NY) has received a $195,159 donation from the estate of Marion O’Connor for improvements at NYSEG Stadium, home of the Binghamton Rumble Ponies (Double-A, Eastern League).  O’Connor was a longtime fan who regularly attended baseball games at the ballpark with her brother, William O’Connor.  The donation was made in his honor.  Read more here.

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Filed under Community & Giving, Human Interest, Money & Financials, Stadium Issues

Pawtucket Mayor Offers Plan B to Keep PawSox

Pawtucket (RI) Mayor Donald Grebien on Tuesday urged state legislators to consider a “Plan B” if they’re not willing to vote on the current stadium-financing plan to build a new ballpark for the Pawtucket Red Sox (Triple-A, International League).  Read more here.

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GCBC Issues Statement on Muckdogs

Genessee County Baseball Club (GCBC), the nonprofit that has owned the Batavia Muckdogs (Single-A, New York-Penn League, issued a statement last week announcing that the franchise has been transferred to the league.  Read statement here. If the NYPL Muckdogs do not return to Dwyer Stadium in 2018, expect the summer collegiate PGCBL and NYCBL to be all over it.

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Filed under League & Franchise, Lease & Contracts, Market & Location, Money & Financials