City Auditor Fiscal Ending 2020

Future Of Minor League Baseball Not Looking Good


Tampa Bay Business Journal post

MiLB teams face sales, bankruptcy as league cancels 2020 season 

 

 Here are some key points:


  •  “If coronavirus goes into next spring, it’s going to be really hard for some of our teams to survive based on loan payments on ballparks,” Lantz said. “I would fully expect teams to go up for sale or declare bankruptcy.” Lantz did not list specific teams.




All this begs the question.

What is the amount of money a team, the PawSox or any minor league team, will be willing to pay the City of Worcester to lease the stadium???

Too bad we did not have a signed lease in place before COVID.

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