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dailycitizen t1_j6tvgcc wrote

The arguably bigger news is that they also got the parking lot across the street.

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Mechanicallvlan OP t1_j6tw6bz wrote

That was nice to hear, but the city was in very real danger of losing the team if they didn't buy the stadium. If someone didn't buy the park and upgrade it, then the Cardinals were going to move the team.

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Cthepo t1_j6tyw7g wrote

Meh, not a huge fan of tax dollars going into stadium improvements that the billionaire owners should be paying for. Pretty overwhelmingly, studies show that stadiums are poor to negative investments which don't really add as much economic value as they're sold.

I'm a sports fan too, but IMO the billionaire owners should be the one footing the bill. Did the city council even open it for public discussion on whether to invest the money to buy and pay for the improvments?

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booradly t1_j6u76ev wrote

While you are right, I doubt the intent was to invest in it but more to keep the cardinals from leaving and in turn leaving an abandoned stadium for the city to deal with anyways.

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mophan t1_j6ua85m wrote

Agree. Billionaires buy sports team because it's an expensive hobby that they can afford. A status symbol. They should be responsible for the stadium that comes with those sports teams as well. Not the public.

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est1967 t1_j6uaptx wrote

Downvoters: I pay my taxes and vote. However, if this property was making money, why would it be sold to the lowest bidder (the city)? Why should we socialize this baseball stadium that is apparently failing?

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throwawayspfd t1_j6ucb87 wrote

From the KY3 news article, “The lease agreement going through 2038 would ensure the 2012 Texas League Champion Springfield Cardinals remain in Springfield where they have played since the affiliate’s founding in 2005.”

Love that they are called the 2012 Texas League Champion Springfield Cardinals. Team hasn’t made it to the Championship in 11 years. Only two appearances in 18 years and one championship.

Real shame that the city is footing this huge bill for a very bad team. I will say I frequent games here. Drop the prices of tickets and beer and I’d be a little more on board but unfortunately prices will only increase after the huge payment.

Put the vote to the city and it would not pass.

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Mechanicallvlan OP t1_j6ugm51 wrote

Yes, Springfield's $12 million purchase of an existing minor league ballpark [$32 million build cost; ~$50 million adjusted for inflation] and parking lot is definitely comparable to MULTIBILLION-DOLLAR stadium projects in other cities with "median public contribution of $500 million per sports stadium." Good catch, r/springfieldMO.

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sgfjb t1_j6uhn5r wrote

I’m glad the city stepped into preserve this community asset. For those not in the know, the previous ownership group post JQH’s death had been neglecting this stadium(along with all other locally owned assets) and was in jeopardy of losing the team if something wasn’t worked out.

This is clearly a top 10 thing to do in Springfield anyway you look at it, so I’m glad the city stepped in to right the ship. The alternative would have been a huge loss for our city, regardless of whether you personally attend games. I’m not a big fan of tax dollars being spent loosely but with how intertwined this stadium and the Springfield Cardinals are with the community (field trips, non-profit fundraisers etc) this is much like a park (Jordan Valley Ice Park being a good comparison) or other community asset that the city had to unfortunately step in to preserve.

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Cthepo t1_j6uik9m wrote

The economic impact of a minor league sports team is even less than that of a major league sports team. People aren't exactly flying out of state to catch a Springfield Cardinals game nor are things like sports bars and such being built around the team.

I don't mind having a baseball team in town; I like the Cardinals. I'm just not gung-ho about subsidizing billionaires with public tax dollars.

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Mechanicallvlan OP t1_j6ukp1i wrote

Based on what was said at the press conference, it sounded like that's almost certain to happen at some point in the future -- but probably not right away.

"One of the terms of the lease is that (changing the stadium's name) is possible in the future. The naming rights for the field would turn into capital projects to keep improving the field. If the name does change, we want to make sure the money goes toward improvements."

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whattheduce86 t1_j6ulmpg wrote

So they have 12 million to spend on this, but can’t do shit for the homeless?

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CandyBoBandDandy t1_j6upvel wrote

It's such a weird system. The city pays for all the upkeep, while the team owners get a ton of money from consessions, advertising, est.

If the proceeds from the games were actually going back into the city, I might be a little more willing. But like you said, it's a bad investment. I'd be very surprised if the city is even able to break even. And then, if the owners even decide to move the team, taxpayers just spent a ton of money for nothing.

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sgfjb t1_j6uq1uc wrote

For $100 you can buy a Red Access ticket to get into every single home game. There’s like 70 home games a year. General admission tickets can be bought for like $7. The last couple years they’ve added special happy hour beer pricing before many of the games. They constantly have giveaways that are the same as you get in St Louis. You can’t ask for much better value than they’re offering.

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whattheduce86 t1_j6uqllz wrote

All you have to do is go read. I’m not gonna do that for you. Quit being a troll and go do some research. You ought to be doing it anyway since it’s your tax money being wasted.

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NotPostinOften t1_j6usz8n wrote

AA Minor league baseball is about watching individual prospects and not focusing on whether the team is winning. Jordan Walker/Masyn Winn/Moises Gomez/Graceffo were the guys to watch last season. This year I'd look out for Tink Hence, Javier Baez, and Cooper Hjerpe. Others as well that I'm sure I'm overlooking.

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WendyArmbuster t1_j6uuu2j wrote

I keep asking for modest upgrades to our skatepark like lights, shade, and benches, but I keep getting told there's no money.

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Jimithyashford t1_j6uyoq2 wrote

Professional team sports stadiums one of the few ways to spend tax money that is:

1- objectively useless

2- brings absolutely nothing to a city

3- does not create jobs or drive business

4- is a blatant hand out to the already wealthy

And yet somehow

5- you absolutely must do or your citizens will loathe you and vote you out of office

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sgf-guy t1_j6v0ibn wrote

Here is more info and legal documents.

https://www.springfieldmo.gov/5799/Hammons-Field

The cardinals pay $650k per year with 4% annual increases. That’s $10 mil plus over the 15 year contract. So from that perspective…it’s largely met the cost of buying. Tons of reading time but perhaps someone can read through and find other important points.

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FryMastur t1_j6v2pj3 wrote

Wish we had a park like Tulsa, The Gathering Place

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WendyArmbuster t1_j6v9031 wrote

Yeah, for $12 million we could have a big free skatepark, a mountain bike park, an RC track, an RC airfield, pump tracks, air conditioning at the skatepark we do have like the tennis players get, and a zillion other quality of life things that would make Springfield a fun place to DO things, rather than a place to watch minor league baseball players do fun things. I have no problem spending this money on baseball except that it's coming at the expense of things I want.

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elaborate_hoxha t1_j6vn1iu wrote

The city basically ‘imminent domain-ed’ Springfield Skatepark. Tons of volunteer hours went into making it happen and then the city “took over.” I would imagine the skatepark would likely get upgrades IF a tax increase gets passed for parks improvements.

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Cold417 t1_j6vo1t8 wrote

The city provided the land to begin with, not to mention the city has done upgrades paid for with tax monies to the park since taking over fully. I'd say the ROI on the ballpark would be greater if managed well.

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WendyArmbuster t1_j6wmohr wrote

I don't think parks should be managed with ROI as a high priority. Skaters are generally younger with less disposable income, and currently that means they have a facility without air conditioning, unlike every other indoor parks facility, and inadequate lighting, and nowhere to sit except folding chairs. I feel like parks should be for the benefit of the citizens, not as an income source.

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booradly t1_j6x98u7 wrote

If they were smart the Park Board will use it for other functions other than baseball. One thing that always irritated me was the lack of use of the facilities. Come on, host some concerts, have some baseball tournyments, rent it out for weddings or something.

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jonjonjay t1_j6y09zn wrote

1- Brings Entertainment 2- Brings something you would t otherwise have 3- Jobs are here that weren't 20 years ago and the restaurants and businesses around it would disagree 4- I'll agree with this one 5- Usually how it works

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Jimithyashford t1_j6y4et3 wrote

I think I need to clarify. I was not saying these things ABOUT PROFESSIONAL SPORTS, I was saying them about spending taxpayer money on stadiums is these things. I will elaborate:

1- It's useless in the sense that these teams are profitable enough to upgrade and improve or even build their own stadiums. The only reason taxpayers feel compelled to pay for these things is that teams threaten to leave and go to a town that will, if all towns just said "no, we wont" then the industry would pay for it themselves, or just play in less grandiose stadiums, which is a perfectly viable option.

2- Again, establishing a sports teams, fine, it's good for a town to have a home team, sure, but spending big tax bucks to convince them not to leave? Especially when they COULD afford to do these things themselves? Crap. It literally brings in nothing, just spends a big ole fat wad of cash to convince them not to go.

3- I submit to you that no business in the vicinity of the stadium will see any meaningful change to their business once this money is spent and the remodels are done. I submit it is very unlikely this spending will cause any new nearby business to open that otherwise would not have. I also submit that none of the businesses in the, say, mile radius of the Stadium, that currently exist and are successful, would not exist or would not have been successful if that stadium had stayed a fairly modest municipal stadium in perpetuity. Now of course I can't "prove" that, but I can point to the existence of several studies showing that after large multi-million dollar tax payer funded renovations of stadiums, local businesses see negligible to non-existent change to their business.

​

So again, just to be clear, I am not poo-pooing the idea of having a home town sports team. What I am suggesting is that the taxpayers being held sort of pseudo hostage by these teams for large expensive remodels which they can afford but obviously would rather us pay for, is crappy, and that spending has utterly no benefit to any of us, other than placating the blackmailer for the privilege of their continued company.

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