Category Archives: Money & Financials

City Expected to Approve Maintenance Reimbursement, Receive 2015 Lease Payment

Gary SouthShore RailCatsThe Gary (IN) Common Council will be asked next week to approve a payment to the Gary South Shore Rail Cats (Independent Professional, American Association) baseball team to cover the costs of maintaining the city-owned U.S. Steel Yard baseball stadium.  Read more here.

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Filed under Lease & Contracts, Money & Financials, Stadium Issues

Parties Will Pony Up to Cover Cost Overruns, Hartford Ballpark to Open May 31

Hartford Yard Goats LogoA $10.4 million funding gap for Hartford’s (CT) new minor league baseball stadium would be plugged with additional money from the developer, the Hartford Yard Goats (Double-A, Eastern League) and the city in an agreement that could have the ballpark ready for a home opener May 31.  Read more and watch press conference here.

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Officials Square Off Today Over Dunkin’ Donuts Park Cost Overruns

Hartford Yard Goats LogoThe developer of the $56 million ballpark under construction for the Hartford Yard Goats (Double-A, Eastern League), Hartford’s stadium authority, and the team’s owner will square off Tuesday over more than $10 million in cost overruns — including higher expenses for steel, concrete and plumbing — that the developer blames on expensive revisions made by the city.  Read more here.

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More Than $20 Million Estimated for New High Point Ballpark

Thomasville Hi-Toms LogoBackers of a proposed downtown baseball stadium and multipurpose sports venue in High Point (NC) haven’t formally requested city funding, but some figures that have been bandied about have been in the $20 million range for the total cost of the facility.  Read more here.

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Biloxi Makes Final Ballpark Payment

Biloxi Shuckers Primary LogoThe Biloxi City Council approved what should be the final payment related to the construction of MGM Park, home of the Biloxi Shuckers (Double-A, Southern League).  Read more here.

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Dunkin’ Donuts Park May Not Open on Time

Hartford Yard Goats LogoAfter reports of overspending and rumors that the ballpark had been delayed, the Hartford Stadium Authority is now confirming that the new home of the Yard Goats may not be ready in time for opening day, and that the budget is being significantly overrun.  Read more here.

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El Paso to Release Ballpark Documents

El Paso Chihuahuas HeadThe El Paso City Council on Tuesday, Dec. 1 voted to waive their attorney-client privilege and share with the city manager and the general public a report related to the sale of bonds for Southwest University Park, home of the El Paso Chihuahuas (Triple-A, Pacific Coast League).  Read more here.

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