The Goldeyes' lease at Shaw Park expires soon but a renewal is still up in the air...
Quote:
The Winnipeg Goldeyes’ stadium lease agreement with the city has hit another snag in its years-long run to home plate.
Months of heated debate in 2020 resulted in a motion from council to reduce rent payments and extend tax grants for Shaw Park — the home of the American Association of Professional Baseball club — in its next 15-year lease, which passed with a 12-4 vote.
Now, four proposed amendments to that lease agreement have appeared on the agenda for the June 1 standing policy committee meeting on property and development.
The team’s current 25-year lease is set to expire July 28.
The amendments listed in the agenda are: a clarification of the primary use definition of the stadium to include hosting entertainment events; adjusting the final year’s rent payments to December 2038 rather than July 2038; including a previously agreed-upon amendment to the lease allowing the Goldeyes to be exempt from the entertainment tax; and including a provision in the lease that notes if the city takes back some of its parking lot to use for rapid transit, there would be some reduction in the Goldeyes’ lease payments.
Coun. Brian Mayes, who first proposed the motion in 2020, said two of the four amendments are fixing mistakes made on the city’s end, and the others are a result of negotiations between the city and the Goldeyes.
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https://www.winnipegfreepress.com/br...-stadium-lease
Considering the stadium is nearly 25 years old, it's still in great shape. At some point that land will be ripe for redevelopment, but we're not at that point yet.
I guess Katz has the city over a barrel to some extent because if the Goldeyes leave or fold, that's it for pro baseball in this city. But on the other hand I would say that Shaw Park could probably be repurposed into a good soccer venue and potential home to Valour FC if that's what it came to. It certainly wouldn't be perfect but I'd imagine it would be a little more inviting than playing out of IG Field.
Maybe Katz is considering his options. I'm sure that the Goldeyes are nowhere near as lucrative as they once were... at one point they were the only summer sport alternative to the Bombers, but now the marketplace is more crowded. That has translated into lower attendance. Young people may find it hard to believe but in the early years of Shaw Park, Goldeyes games were routinely sold out and they were a hot ticket. Those days are long gone now.