Tag Archives: Fieldcrest Cannon Stadium

Intimidators, City Finalizing $1 Lease

The Single-A Kannapolis Intimidators (South Atlantic League) are close to finalizing a lease extension with the city to continue using Fieldcrest-Cannon Stadium for $1 per year plus maintenance costs.  Read more here.

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Filed under Lease & Contracts, Stadium Issues

Kannapolis to Take Control of Intimidators Ballpark

The Kannapolis (NC) City Council approved a deal last night to purchase Fieldcrest Cannon Stadium, home of the Single-A Kannapolis Intimidators (South Atlantic League), from Rowan County for $3 million, financed interest free over a 50-year term.  The city will be solely responsible for ballpark maintenance and negotiations with the Intimidators ownership group.  Read more Continue reading

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Filed under Money & Financials, Stadium Issues

Intimidators Ballpark to Change Hands?

The City of Kannapolis (NC) has voted to purchase Fieldcrest Cannon Stadium, home of the Single-A Kannapolis Intimidators, from Rowan County for $3 million, provided the payments on the interest-free financing do not begin until 2013.  If agreed to, Kannapolis would pay the county $60,00 per year for the next 50 years.  Fieldcrest opened in 1995.  Read more here.

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