• Loading stock data...
Friday, September 13, 2024

You Want Stadium Funding? Get Ready for Some Conditions

  • City council explores ideas to get return on public funding for a new Rays ballpark.
  • Effort showcases a rising scrutiny around use of taxpayer funds for pro facilities.
Kim Klement-USA TODAY Sports

The Tampa Bay Rays are not rebranding to become the St. Petersburg Rays, despite the wishes of some local politicians and business leaders. But there is a growing discussion in St. Petersburg about other ways to use a planned $1.3 billion ballpark, which the city will partially fund, to showcase the city, highlighting the delicate nature of public funding for sports facilities—even after the framework of an agreement is completed.

A hearing Thursday of the St. Petersburg city council focused in part on ideas designed to deliver a return on the $600 million in public money already pegged for the stadium project. Among them:

  • Alternate jerseys, featuring a St. Petersburg logo, that would be sold year-round.
  • Placement of St. Petersburg signs within the ballpark.
  • Input from city officials on the facility’s naming.
  • Additional emphasis on the St. Petersburg stadium location during Rays game broadcasts.

No final decisions on the various branding proposals have been made, but city council member Ed Montanari said “there’s a lot of value to us to have the [St. Petersburg] name incorporated in some way. I’m looking for a lot more of that.” The Rays are pushing to obtain all needed government approvals for the new ballpark by March in order to preserve a planned spring 2028 opening.

Scrutiny Outside of St. Pete

St. Petersburg is not the only locale where public funding for pro sports facilities is drawing greater scrutiny. All politics are said to be local, and Oklahoma City overwhelmingly approved $850 million in public funds for a new Thunder arena. But in many parts of the country, there remains growing unrest surrounding the use of taxpayer funds for proposed stadium projects, including in cities such as Alexandria, Va., Kansas City, and Phoenix

“You’re trying to bring a project that’s supposed to improve the economic quality of this town, with revenue projections and economic studies that are basically garbage,” said former Alexandria council member Andrew Macdonald, who is part of a new coalition formed in opposition to the proposed $2 billion project to build a new arena and mixed-use development for the Washington Wizards and Capitals. 

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Oakland A's hats and gloves

MLB Insists A’s Move to Sacramento Is a ‘Certainty’

Scott Boras has recently sowed doubt on the team’s move north.

Mountain West Schools Poised to Revitalize a Shattered Pac-12

The Pac-12 looked dead after 10 schools departed before this season.

Chiefs’ Impact on Presidential Election

Patrick Mahomes has declined to weigh in after Taylor Swift endorsed Kamala Harris.

Notre Dame’s Riley Leonard Strikes NIL Deal With Dick’s Sporting Goods

The Fighting Irish quarterback chose to share the opportunity with his linemen.
podcast thumbnail mobile
Front Office Sports Today

Stephen A. Wants the Biggest Deal in Sports Media

0:00

Featured Today

September 4, 2024

Northwestern’s Tiny Temporary Football Stadium Is Making Big Money

Despite 35,000 fewer fans in seats, Northwestern is bringing in more revenue.
Aug 25, 2024; Denver, Colorado, USA; Detailed view of a Denver Broncos snapping the football in the second half against the Arizona Cardinals at Empower Field at Mile High.
September 3, 2024

How NFL Streaming Will Work With Coverage Across Four Exclusive Platforms

Each week will feature at least one game exclusively on a streaming service.
Aug 25, 2024; Landover, Maryland, USA; A detailed view of New England Patriots footballs on the field before the game against the Washington Commanders at Commanders Field.
opinion
September 1, 2024

The NFL Let the Private Equity ‘Barbarians’ Through the Gate

Fans will barely see any change from the arrival of PE money.

How Fans Are Getting Front-Row Seats Thousands of Miles Away 

Cosm has two domed venues open in Dallas and Los Angeles.
September 6, 2024

Bears President Urges Chicago to ‘Figure This Out’ on New Stadium

The NFL team executive says the city is losing out on major sporting events.
September 8, 2024

A’s Fans Push for Memorable Farewell

Fans ask the A’s to open “Mount Davis” for the final home game.
Sponsored

The Women Fueling The Future Of Football

In this episode of FOS Explains, fueled by Gatorade, we discuss how women are changing the landscape of the NFL and the business of football.
September 4, 2024

NFL Teams Eye Billion-Dollar Homes, but There’s Plenty of Pushback

At least four teams are seeking stadium deals, while several other projects are already underway.
September 4, 2024

76ers Weighing New Jersey Move As Philly Plans Face Growing Resistance

A new offer from the Garden State follows slowed progress on a new facility in downtown Philadelphia.
August 30, 2024

Why the White Sox Have Hit a Historic Low at the Worst Possible Time

The MLB club is trying to build a future amid historic levels of losing.
Oct 5, 2023; Landover, Maryland, USA; Washington Commanders owner Josh Harris with fans before the game against the Chicago Bears at FedExField.
August 26, 2024

Commanders Eye 2030 for New Stadium, but RFK Site Still in Limbo

A new stadium for the rebuilding NFL team is at least six years away.