clock menu more-arrow no yes

Filed under:

Lessor, les'see

Hey, we have a lease. Give us our owner!

Just kidding. The DC City Council still has to sign off on it, and Bud Selig still has to . . . do whatever evil dictators do . . . before they select fellow monopolists.

Anyway, District of Baseball Jeff has a nice summation of the lease's most noteworthy provisions. Nats Blog puts pen-to-paper and concludes:

I'm sure that I left out other potential revenue sources to the city, such as parking in non-stadium lots, taxes on money spent in restaurants near the stadium, taxes on team profits, and other baseball-related sources. But the baseball-related revenue I've talked about here amounts to city revenues of $303 million over the next 30 years. The bond-value of that $303 million is approximately $196.5 million, or more than 1/3 of the price of the stadium.