Wednesday, May 19, 2010

Rays Stadium Needs Public $; Tampa Has None

On the day they met with the ABC Coalition, Hillsborough County Commissioners passed a motion pledging support for a new stadium if - and when - the Rays decide to talk to them.

However, a majority of the commissioners also pledged not to use public money to finance a stadium. Most experts consider the lack of public dollars an insurmountable hurdle to moving the Rays to Tampa.

"It's just not going to happen," said Craig Sher from the ABC Coalition said as to whether a stadium could be built without public financing. "There's not that kind of revenue and profit-potential in Major League sports - particularly baseball - to privately-finance a whole stadium," he said.

For more, continue here.

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