Lott-Perry group provide $167 million offer for Coliseum complex

Updated to include poll:

BANG’s David DeBolt reports tonight that the investment group led by Ronnie Lott and Egbert Perry offered to buy the Coliseum complex for $167.3 million. The offer comes during the 90-day MOU between the City of Oakland and the investment group. They would get the Coliseum stadium, arena, the surrounding parking lots, and additional adjacent properties bought by Oakland over the past several years.

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The $167.3 million offer would also retire debt on the Coliseum. There’s still $113 million of debt left at Mount Davis after 2016, making the remainder for the land worth $43 million. Or is it? The arena’s debt after the Warriors leave is still very much in dispute. That figure could be upwards of $88 million even if the Warriors stay through 2019 as they announced earlier in the summer. Lott-Perry’s first pitch looks like a serious lowball, especially if they have to factor in the arena’s debt.

Perhaps this is why we got another update late:

Chances are that the two parties are not exactly close on the sale price, an issue Perry encountered in Phoenix. In that case Maricopa County is looking to sell Chase Field, not so much because of debt (which has been retired), but because of $187 million of deferred maintenance due for the venue. The maintenance costs and revenue generating potential combined to suppress the ballpark’s appraised value, $40-50 million in 2010. That could rise with a reappraisal, though there are no guarantees. Either way, it’s somewhat absurd to think that a large, modern MLB facility could be worth less than the average project cost of a AAA ballpark, such as the one planned for San Antonio.

The City has no reason to sign anything right away since their own property appraisal hasn’t yet been released. They’ll be guided by that document to counter Lott-Perry. Lott-Perry will be under pressure to minimize this particular cost as much as possible, since every dollar spent on land means another dollar that isn’t spent to bridge the gap on the new Raiders stadium, $300-400 million and rising with every day.

NFL relocation heavy Eric Grubman visited Oakland on Sunday and Monday to see how things were progressing. For now there’s little to report. By the end of the MOU period it will be imperative for Oakland to show something substantive that represents all parties, including the so far non-participatory football franchise. As for the A’s, they are under no pressure to make any deals right away, somewhat to the chagrin of MLB commissioner Rob Manfred. At the very least, the process is moving forward.

MLB 2017 Travel Grid Available

I think I finally got the hang of this.

Usually it takes a couple days of patched together free time to put together the Travel Grid. This time I did it in a couple hours. As usual it’s available on Google Drive in various formats, in both multiple sheet and one-sheet formats. Have at it!

  • Excel (.xlsx)
  • PDF (alphabetical)
  • PDF (regional)
  • PDF (one-sheet alphabetical)
  • PDF (one-sheet regional)

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If you’re wondering what the font is in the PDF versions, it’s Futura, used in so much 20th century signage and print. It’s a nod to Vin Scully, who was born the same year as Futura, 1927. Scully will hang up his microphone at the end of the 2016 regular season. Futura will go on indefinitely, including on the walls of Scully’s professional home, Dodger Stadium.

My one definite trip to take will be the A’s-Rays doubleheader on June 10. I’ll probably figure out a way to head up to Cobb County to catch a couple of Braves games as well.

Enjoy planning your trips everyone.

 

 

A’s 2017 Schedule

MLB released its 2017 schedule today.

Link

Interleague opponents are the NL East and are scheduled as follows:

Marlins 2+2 [May/Jun]
Giants 2+2 [Jul-Aug]
Nats 3 [Jun]
Braves 3 [Jun-Jul]
@ Mets 3 [Jul]
@ Phillies 3 [Sep]

There are good opportunities for road trips to the Northeast, such as Mets-Blue Jays next July or Phillies-Red Sox next September. Start planning!

P.S. – Travel grid will get started tonight.

P.P.S. – As pointed out by Mike Manolas, the Rays have a scheduled doubleheader featuring the A’s on June 10. Does 8 hours of watching the A’s in air-conditioned comfort sound like bliss to you? Don’t answer that.

It Takes Two to Contract: Cal League Edition

Last week, Minor League Baseball announced two huge moves within the High-A level. The California League franchises in Bakersfield and Adelanto (Bakersfield Blaze and High Desert Mavericks, respectively) will fold at the end of the 2016. Their player development contracts would not be renewed, and two new Carolina League teams would rise in Fayetteville and Kinston. That would leave the Cal League with only 8 teams, whereas the Carolina League would grow to 10. The Florida State League would stay at 12 teams, the largest of the three leagues.

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Sam Lynn Ballpark entrance

Bakersfield had a plan for a privately developed ballpark a few years ago, but the financing never materialized. Next, Salinas tried to lure the team north. That too went nowhere. With no relocation sites on the horizon, Bakersfield was on the clock to replace antiquated Sam Lynn Ballpark. The LA Times’ Bill Shaikin wrote an obituary on the 75 years of baseball in Bakersfield, a city of 300,000 that also lost its NBDL (D-League) franchise earlier this year. As for the fate of the westward-facing ballpark, the city’s trying to figure that out. Bakersfield’s exit makes San Jose Municipal Stadium the oldest remaining venue in the Cal League.

In tiny Adelanto, fewer tears are being shed over the Mavericks. The city even went to the lengths of threatening to evict the team over tensions related to the Mavericks’ onerous $1-a-year stadium lease. Instead, they made a deal with the San Bernardino County Fair to reuse Mavericks Stadium, a facility that opened in 1991. 25 years? It’s been a good – albeit sparsely attended – run.

It’s important to note that these contractions and expansions would not have been possible if not for both teams being in dire straits. No avenues remained in California, with Salinas fizzling out and Chico seemingly satisfied for now with independent ball. The serial, everyday scheduling of baseball makes it impractical to contract only a single team. Whether we’re talking the California League or the American League, it would take two teams to contract. And in the American League, that’s a payout that could reach $1.5 billion, though it should be noted that contraction is not in the cards for the next round of CBA negotiations.

Baseball America’s podcast last week covered the Bakersfield/High Desert contractions in great detail, with hosts John Manuel and J.J. Cooper talking about what ailed the markets, along with the issues facing California in general – including our own Oakland Athletics. It’s worth a listen.

John Fisher to tour Howard Terminal with technical experts

After several months of keeping plans mum, A’s majority owner John Fisher will tour Howard Terminal Thursday. The Chronicle’s Matier & Ross report that Fisher will be accompanied by other team executives and Port officials and technical staff. City officials and Lew Wolff may not attend, but if Lew doesn’t there’s a decent chance that his son, Keith, will. The younger Wolff is the current VP of venue development, the same title Lew had when he was hired by Steve Schott and Ken Hofmann in 2003.

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Howard Terminal ballpark site rendering (MANICA Architecture)

The tour is being characterized as “hush-hush,” so don’t expect much coming out of it in the way of a statement or anything else. The A’s environmental and legal team will have questions for Port staff about the state of the sealed asphalt cap that prevents toxic leaks. Relatedly they’ll discuss the soil and the water monitoring system embedded within. Most importantly, they’ll talk about requirements to get the site ready, including digging up and cleaning up the toxic dirt underneath the site.

It would take too long rehash all of the details, so I’ll provide links to previous posts instead.

Infrastructure will also come up, but much of that won’t be the responsibility of the Port. Any new transit modes that come to the HT area (BART, streetcar) will be the planning domain of the transportation agencies and the City more than the Port. The Port will be largely responsible for getting people efficiently in and out of Howard Terminal. To do this a system of vehicular and pedestrian bridges will need to be envisioned. This is of paramount importance because there will be some limited amount of parking at Howard Terminal that can’t be jeopardized by the presence of a freight train blocking the gate to the property. Additionally, pedestrian will be descending upon the ballpark from points north and east. Unlike the Coliseum BART bridge, which was designed to provide ingress for at most 10,000 fans for an event, the system in place at Howard Terminal will need to support 35-40,000 visitors smoothly.

The tour is part of the process described last year by Lew Wolff as a search for the best site for the A’s in Oakland. Only sites within Oakland city limits are under consideration. Wolff initially gave 6-8 months as the timeline, but chances are that the ongoing tenancy of the Raiders has complicated matters. Now the A’s are looking to the end of the year, though the A’s can’t fall into the trap of choosing first to wait for the Raiders and their Las Vegas plans. By taking steps to study Howard Terminal and perhaps other sites, A’s ownership is showing a more proactive effort than it had shown in Oakland previously. Nevertheless, it would’ve been nice if the folks who backed Howard Terminal for two years, OWB, published their (unfinished) work. Same goes for the A’s and their decade-old research. It would’ve given fans at least some insight into the process, which has been completely opaque from the start.

20 Years Is Enough

Turner Field and Chase Field opened for baseball in 1997 and 1998, respectively. Turner Field was a gift to Atlanta courtesy of the 1996 Summer Olympics, whereas Chase Field was a domed stadium borne of necessity in order to host the expansion team in the searing Sonoran Desert summer. Both are in the 15-20 year-old range, putting squarely in a sort of venue midlife crisis.

The Braves are leaving Turner for the richer suburbs in Cobb County. Turner will be renovated again and reborn as a football stadium for Georgia State University’s growing program. Georgia State had been playing its home games at the far-too-large Georgia Dome. They’ll play one more season there. Come Fall 2017, they’ll play in the reconfigured (and soon-to-be-renamed?) Turner, where much of the baseball grandstand will remain intact. The seats in right field will be ripped out, replaced by a new smaller grandstand that will run parallel to the sideline. Georgia State bought both the stadium and the surrounding parking lots for $30 million, all of which will be transformed into additional athletic facilities, dormitories, and academic buildings. GSU’s main campus is in downtown Atlanta, a similar distance between San Jose State’s main campus and its south campus, where Spartan Stadium and other outdoor facilities are located. Final capacity of the redone stadium will be around 30,000, 33% smaller than Turner’s baseball capacity and less than half of the Olympic stadium configuration.

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Turner Field renovation for Georgia State University football

Speaking of 30,000, that could be the new capacity of Chase Field, if an investment group that wants to buy and renovate the ballpark has its way. A partnership headed by Integral Group wants to modernize Chase and develop a few blocks of unrealized potential between the ballpark and Talking Stick Resort Arena down the street. Plans were approved for redevelopment of that area outside the ballpark in 2008, squashed by the recession. Integral is notable for being one of the partners in Ronnie Lott’s plans for the Coliseum which will include at the very least a new Raiders stadium. There are also plans (or at least space) for a ballpark should the A’s have any interest, though it’s unclear how that would pencil out.

To push the Chase concept further, Maricopa County is looking to sell Chase Field for at least $60 million, depending on appraised value. That value could include those additional blocks along Jackson St. Phoenix is undergoing a resurgence which started in earnest around 2013, thanks to numerous tech companies opening campuses near Tempe and Scottsdale, along with gentrification of some of the older neighborhoods in Phoenix. The County’s motivation isn’t primarily to spur development. They’ve been in quite a battle with Dbacks ownership over who’s responsible for $65-137 million in improvements to the stadium. They already rejected the lower figure, meant to cover peripheral items like scoreboards, suite refurbishment, and cosmetics. Major projects such as reimagining the upper deck and outfield concourse are well down the road.

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Diamondbacks FanFest with Chase Field roof closed

If I were looking to rework Chase, I’d look entirely at the block containing the stadium. There are 3-4 acres of additional space outside the walls that isn’t properly used. The photo above shows what it looks like with the roof closed. Gigantic ads that double as windows (when the weather cooperates) dominate the view. When the roof is open for games, the place transforms into an almost fully outdoor park. It’s not as complete a transformation as Safeco Field or Minute Maid Park, but it’s close.

Limitations imposed by the building’s design and the need for an air-conditioning environment prevent a full opening of the outfield. The contents could be rebuilt to great effect. A gym exists in center behind the batter’s eye, with parking dedicated to it. All of that should be scrapped and rebuilt as a children’s play area and a midway with rides and a carousel. The current children’s area is in the upper deck left field corner, notable only for having the stadium organ located there as well.

The main plaza on the west side where most of the gates are is also wasted space. It deserves a revamp with restaurants and bars that are open more than on game days. There should also be a way to directly connect the buildings in the plaza to the ballpark so that the whole area can be navigated outside the stadium.

Back Camera

Then there’s that 30,000 figure. That doesn’t happen without knocking down most of the upper deck. Like US Cellular Field, that should help to make the place look less cavernous. Once that’s done they’ll have to put something behind the seats to fill that space. They don’t need more suites or amenities up there. Tacky looking signage? Curtains a la an arena? A second partial roof inside the original roof? It’s a tough task to make Chase Field look intimate.

While the Phoenix market’s economy has rebounded, downtown near the sports venues is still not a hotspot despite the numerous venues (ballpark, arena, convention center, theater, ASU’s downtown campus, museums). It’s largely event-driven, with more interesting restaurants and bars on the other side of downtown. It goes to show that no matter how much money and resources is thrown at a neighborhood it doesn’t always translate into a lively district.

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20 years later, the area between the ballpark and arena remains mostly parking

Fortunately for everyone involved, the ballpark is debt-free and has been for years. Same goes for the arena. Like Oakland, Phoenix and Maricopa County find itself trying to please two teams looking for new venues at the same time. There’s no inherent competition between the teams for sites or land, but they will be pushing for resources. In the past Maricopa County financed numerous sports facilities using a car rental tax, which has now been deemed unconstitutional. A similar tax just for the City of Phoenix is also being challenged. Phoenix owns Talking Stick Resort Arena. And finally, the Dbacks have the option to veto any purchase of the stadium by a third party. The Dbacks previously discussed buying the park from Maricopa County, which seemed like that most natural route at the time. Let the team make the investments since they’ll get all of the proceeds. The process may end up with such a deal happening since the Dbacks are the linchpin to everything. That doesn’t mean it’ll be easy. The Dbacks could attempt to leave Chase Field completely in search of a location outside downtown Phoenix, but without the aforementioned tax revenue streams a move threat doesn’t have legs. There’s a really good shell at Chase that could be fixed up into a fairly intimate ballpark for far less than the cost of a new ballpark.

Coliseum Life, Episode 872

Minutes later…

There go the conspiracy theories.