Lackawanna County, owners of the AAA Scranton/Wilkes-Barre franchise, have agreed to sell the team to the Yankees and Mandalay Baseball Properties for $14.6 million. The new owners will sign a 30-year lease with Scranton and have pledged $40 million for stadium renovations, David Singleton of The Times Tribune reported last night.
The Yankees had originally expressed interest in purchasing the team back in September, but political wrangling held up the sale for a few months. Even still, Luzerne County, passive part-owners of the Scranton franchise, is making noises about holding up the deal. That’s Pennsylvania county politics for you.
As Donnie Collins outlines, the sale will come with new terms attached. In addition to the stadium renovation funds, the team’s rent will increase from $150,000 to $750,000, and the least continues an option that could keep the franchise in place for 50 years. The Scranton stadium authority could repurchase the ballpark if the franchise relocates or ends its Yankee affiliation. New York, however, has been inclined to keep the team in Scranton due to the proximity factor. It is only a two-hour drive from the Majors to the AAA.
Overall, the Yankees are committing $37 million to the region, and while local politicians are wary about chipping in a few million in taxpayer dollars as part of the matching funds for the stadium renovation, they recognize its better than losing the team.
As for the renovations, they are extensive. Stadium capacity will drop from 10,500 to between 8000-8500, and the entire park will be overhauled. David Singleton offers up this take:
Under the proposal, only four elements of the existing stadium would be retained: the lower seating bowl, the playing field, the home locker room and the parking lots, Mr. Schmitt said. Everything else, including the upper-level deck, would be demolished.
The rebuilt stadium would have an elevated single- or double-tier of suites, club seats and media facilities behind home plate, but the rest of the seating would be on or below a concourse that would wrap around the entire playing field like a promenade, he said.
The promenade concept, now popular at many major and minor league stadiums, allows fans to view the game from multiple vantage points, he said. “The idea of a promenade lends itself, we think, to the very leisurely and social aspect of attending a ballgame,” [architect Craig] Schmitt said.
It’s a safe bet to assume that the Yanks will extend their PDC with Scranton well beyond the current 2014 expiration date. For minor league fans in Central Pennsylvania, baseball is seemingly there to stay.