Does anybody have any information on how much money it would be to start a major league expansion team?
2007-09-07 05:14:19 · 6 answers · asked by trojansmatt24 2 in Sports ➔ Baseball
The league admission fees for the last two rounds of expansion (1993, Rockies & Marlins, $95M each; 1998, D'backs and D'Rays, $130M each) was just to get in the door. Add in starting up team operations, staffing, lining up minor league affiliates, marketing, scouting, well, it adds up. Probably another $50M just to get things going.
I deliberately didn't add in anything for a new ballpark because the traditional method is to legally extort one out of the local and/or state governments. A new playpen tends to cost around $350M (most recent, Busch III, cost $365M), and add another $100M for a retractable roof.
2007-09-07 06:36:34 · answer #1 · answered by Chipmaker Authentic 7 · 2⤊ 0⤋
The Diamondbacks and Devil Rays paid $130 million in 1998, so with inflation I would estimate that an expansion team would run $175 to $180 million dollars.
2007-09-07 05:49:10 · answer #2 · answered by d7602002 4 · 3⤊ 0⤋
As I said to your two earlier questions - "The best part of your realignment - you didn't propose MLB expansion." I now apologize to the other users for making that comment. As others have already said No's - Memphis, Nashville, Portland, Vancouver, Montreal, Las Vegas, Montgomery (??!), and Newark(?) Maybe's - San Antonio and Charlotte But as you already know, today's economic climate does not look good for billion dollar investments in new teams and stadiums.
2016-05-18 23:16:38 · answer #3 · answered by ? 3 · 0⤊ 0⤋
A buck 380
2007-09-07 07:36:13 · answer #4 · answered by ? 6 · 0⤊ 2⤋
tampa bay devil rays are worth about $25.00
2007-09-07 06:28:19 · answer #5 · answered by Anonymous · 2⤊ 2⤋
LOTS of money.
2007-09-07 17:10:50 · answer #6 · answered by #1 New York Yankees Fan 6 · 0⤊ 1⤋