Tag: stadium subsidies

Notes: 2028 and beyond, Rays get their bonds, holiday sign-off

My latest at Baseball Prospectus (and reasons to subscribe to BP), the Rays get their way in the end, and saying goodbye to 2024.

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I said I’d get my thoughts organized here for use in a feature down the road, and that’s just what I did. My latest for Baseball Prospectus — titled “Baseball in the Future, Tense” by the wonderfully witty editors I work with over there — published on Thursday.

Within, I give some background on how things stood in the league, regarding spending in relation to the luxury tax threshold, back before the 2019 season, and where it stands now. Which is all a build up to show that there’s a growing divide between the teams willing to spend — which barely existed six years ago, in the runup to what MLB and its owners knew would be a defining labor battle with the Players Association over the new CBA — and those who are not. One that’s only going to worsen for sure as the new broadcasting arrangement comes into play in 2028 and requires a heavier revenue-sharing load for the “big” market teams to carry in order to subsidize the “small” market ones, and might worsen further depending on the ability — or lack thereof — of Rob Manfred’s successor as commissioner to keep everyone unified despite said growing divide.

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Climate change, new stadiums, and the Rays

The Trop is likely no more. The Rays’ new stadium deal might also be no more. A hurricane spawned by a warming Atlantic caused both of these issues, and there are more hurricanes to come.

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The Rays aren’t going to play in Tropicana again — the damage caused to both the roof and the inside of the domed stadium, and the no vote by the county commission to cover the costs of repairs confirmed that — but they also might not play in St. Petersburg again. To a degree, that’s about the upcoming vote on selling the bonds necessary for Pinellas county to fund the construction of a new stadium, but it’s also about what destroyed the Trop in the first place: a hurricane.

Florida is no stranger to hurricanes, but the intensity of the ones that make landfall, and the length of the hurricane season, are both growing. The Trop was built to withstand the hurricanes of a different era — the Rays began playing there in 1998, yes, but it was actually completed in 1990, when it was known as the Florida Suncoast Dome, and $70 million in renovations were made on a stadium that had cost $130 million to build less than a decade before.

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Notes: Diamond, the catcher market, Rays’ stadium deal dead or dying

Catching up on the week of holiday news, before the winter meetings shift.

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My latest at Baseball Prospectus (subscription required) published a week ago, but I hadn’t had a chance to share it in this space until now. It’s meant to, now that we’ve got clarity on the Diamond bankruptcy situation, point out how we could see this moment in time coming a few years ago as the players were locked out by the owners during collective bargaining, and that we’re not going to see the full effects of the league’s transition from primarily cable broadcast to primarily streaming happen without another CBA battle.

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St. Petersburg, Oakland, and public subsidies

A reminder that cities, counties, and states giving up hundreds of millions of dollars (or even over $1 billion) in public subsidies to stadiums can hurt those places far more than a new stadium can help.

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We’ve spent a whole lot of 2024 talking about the Tampa Bay Rays and the Oakland A’s, as well as how the former was set to stay that way while the latter wormed their way into just being the A’s, no hometown, for a few years. Those stories aren’t just covered because they involve the obscenely wealthy casually and easily lying in order to avoid spending their money as much as possible, but also because the thing they’re going for is public subsidies.

These subsidies don’t exist in a vacuum. If they go to a stadium, they aren’t going to something else. This is why Schools Over Stadiums formed in Nevada after state, county, and city politicians got into bed with the A’s: Nevada’s public schools were in desperate need of financial assistance, and, once again, everyone with the power to give those funds to a billionaire for a new stadium wanted to do that instead. As Chris Daly, the Deputy Executive Director of Government Relations for the Nevada State Education Association, told me last September:

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Notes: Latest on the A’s, Reinsdorf’s Nashville gambit, WNBPA opts out of CBA

John Fisher is good for the money, he promises, also could someone please wildly overpay for a stake in the A’s, and soon? Also, Jerry Reinsdorf’s attempt to create leverage from the ether intensifies, and the WNBA players opt out.

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On Wednesday, Baseball Prospectus published a piece of mine updating their readers on what’s going on with the A’s and their quest to move to Las Vegas. I’ll give you the short version here: sources close to the A’s have been saying that there’s a plan “in place” for the private funds needed to cover the over $1 billion the A’s are on the hook for to build a stadium in Vegas, but no one is allowed to see the plan, there is no set date for revealing the plan despite a ticking clock, and oh, also the plan isn’t actually finished or in place, and is still mostly a hypothetical about things owner John Fisher could do if he wanted or needed to, I guess.

I bring this up here not just to point you in the direction of related writings elsewhere, but also because, later that same say, the New York Post published an “exclusive” story about the A’s and their quest to sell 25 percent of the team for $500 million, which some simple math tells us means they’re valuing the franchise at $2 billion. Two things: first, those same figures were reported nearly a year ago by the Los Angeles Times, and second, this doesn’t mean the Post is necessarily behind the times or the Times, so much as that it’s like Fisher simply isn’t moving off of this amount of money for this amount of ownership, and the calls for it are just getting louder given the aforementioned ticking clock.

Continue reading “Notes: Latest on the A’s, Reinsdorf’s Nashville gambit, WNBPA opts out of CBA”

Notes: Rays roof, Twins owners, ESPN’s broadcasting deal

A shredded roof, the Twins are exploring a sale, and ESPN involves themselves in the future of MLB’s local broadcasts.

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It’s kind of incredible that no one inside of Tropicana Field was injured when Hurricane Milton ripped the stadium’s roof to shreds, but thankfully, that’s how things played out. It’s unclear how long it’s going to take to repair the roof — it simply does not exist anymore, an entirely new roof is needed — or what it’s going to cost to do so. There are some educated guesses out there, however, given similar work once done to the Metrodome.

According to the Rays themselves, the roof was designed to hold up against 115 mph winds; Milton blew harder than that, and the roof is no more. While it will take time to fully assess the damage, and opening day is a little over five months away, this process also can’t be rushed — hurricane season isn’t even over yet, after all, and we’re in an era of much larger, and more frequent, major hurricanes, as well.

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The Oakland A’s are no more, and here’s why

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We’ve known this was coming for some time, of course, but it’s official: the Oakland A’s have played their final games in that city, as they’ll close out the 2024 season on the road. The next time they play a home game, it will be in Sacramento… assuming that park does end up with the necessary renovations to appease the Players Association, anyway.

The shock of this has, unsurprisingly, hit hard, both for people who have known this day was coming and for those who were sort of forced to recognize what’s been going on for the better part of the last two years. I wanted to address something Buster Olney posted on Twitter, though, since it feels like a too-common sentiment both for some media and fans who haven’t been locked in on this whole saga.

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Notes: A’s and Las Vegas timeline, Reinsdorf’s stadium gambit, incompetency

The more things change? No, just the more things stay the same.

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You will be shocked, but the A’s are in the news again for their planned move to Las Vegas. You will be even more surprised by this, but it’s more like “news” where information we’ve already had access to is being presented as if it’s new, in such a way that makes it seem if progress is being made. Ah, well, nevertheless.

Here’s an Oakland Fox affiliate, KTVU, doing that very thing earlier this week:

Continue reading “Notes: A’s and Las Vegas timeline, Reinsdorf’s stadium gambit, incompetency”

Notes: A’s stadium(s), newsletter housekeeping

Another loss for Schools Over Stadiums, issues in Sacramento, and a note about scheduling.

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The news isn’t great for Schools Over Stadiums, the political action committee formed to attempt to stop the Oakland A’s from becoming the Las Vegas A’s. The Nevada educators who formed the PAC were dealt a blow last week by a state district court judge who rejected their lawsuit over the constitutionality of the public subsidies the team would receive to build a new ballpark.

Judge Kristen Luis did not rule on “the merits of the claims,” per the Los Angeles Times’ Bill Shaikin, but instead, stated that whether or not the money the A’s were receiving from the public coffer was constitutional could not be determined until said money was actually made available to the A’s. And it won’t be unlocked for them until they secure the private financing that they need to pay for the rest of the stadium.

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Notes: Kansas City gives up on Royals stadium(?), A’s ballpark financing, trading picks

The Royals get cut out of the public subsidy game (for now), the best an A’s lobbyist can muster is that things are probably on schedule with financing, and my latest at BP.

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Back in April, a referendum was introduced to the voters of Jackson County, Missouri, letting them decide whether or not the public should fund a $500 million subsidy for new stadiums for both the Kansas City Chiefs and Kansas City Royals. The public said no, resoundingly so with 58 percent against.

That story isn’t quite over yet, though, as now a second referendum is being prepared, but this time it will only involve the Chiefs. As Neil deMause put it at Field of Schemes:

Continue reading “Notes: Kansas City gives up on Royals stadium(?), A’s ballpark financing, trading picks”