News for 1/5/12

Not the busiest week. Some news is coming in.

The Dodgers and MLB will start entertaining bids towards the end of the month. So far eight groups have been emerged:

  • Orel Hershiser, Steve Garvey, and pet food magnate Joey Herrick
  • Peter O’Malley
  • Fred Claire, Ben Hwang, and Andy Dolich
  • Dennis Gilbert, Larry King, and Jason Rees
  • Mark Cuban
  • Magic Johnson, Stan Kasten, and Mark Walter
  • Joe Torre and Rick Caruso (Torre quit his MLB executive position to be the frontman for the bid)
  • Time Warner

It should be competitive. In addition, Judge Leonard Stark is expected to rule next week on whether the Dodgers’ future TV rights can be sold with the team. For those thinking one of the losing groups could easily pick up the A’s if Lew Wolff is denied San Jose, I have to bring it up again: it’ll cost at least $400 million for the team (when including the premium) and $500 million for a ballpark (privately financed, of course). If Mark Cuban is balking at the Dodgers’ price tag at $1 billion, why would he put $900 million into Oakland? These guys aren’t in it to lose money.

More news:

  • Lowell Cohn provides a counterpoint to my appearance on Athletics After Dark. Or a vitriolic diatribe. You decide.
  • Governor Jerry Brown presented his new budget today, which would eliminate 3,000 jobs and consolidate numerous agencies.
  • Redevelopment agencies are set to officially shut down by February 1. Legislation is in the pipeline to extend that deadline to tax day, April 15. Good luck with that.
  • The replacement railings being installed at Rangers Ballpark will cost the team $1.1 million. They’re part of a $12 million package of improvements, much of them located in the outfield area.
  • The Minnesota Vikings’ lease at the H.H.H. Metrodome ended with their last game of the season. They have said that they will not move forward with a lease renewal unless they get state help on a new stadium. The Vikes continue to tout their Arden Hills plan, while also looking at stadium sites closer to downtown Minneapolis.
  • New York Governor Andrew Cuomo wants to reclaim Manhattan’s Javits Convention Center in order to allow for redevelopment, while allowing a developer to build a replacement convention center at the old Aqueduct race track in Queens. Matthew Yglesias wonders what the value proposition is for building the really large facilities, as opposed to the smaller ones often included in hotels.
  • The SF chapter of the Sierra Club filed a second appeal against the America’s Cup waterfront project, halting construction until a hearing for the appeal is held later this month.
  • Added 1/6 1:00 AM – Silicon Valley/San Jose Business Journal takes a look a development in the area between HP Pavilion and the ballpark site.

That’s all for now.

KQED Forum talks franchises

Last week I got a call from the folks at KQED’s Forum program to see if I’d be interested in being on today’s show. Then yesterday, I received word that their panel was full so I wouldn’t be needed for the show. That’s just as well, because it was a pretty good show hosted by Joshua Johnson and with guests Susan Slusser, Mark Purdy, and Glenn Dickey. Giants CEO Larry Baer also chimes in later in the hour. If you haven’t listened to it yet, do so. Below are the embedded player and an MP3 link.

MP3 Audio

A couple of observations:

  • Purdy mentioned that he talked to sources on the MLB panel. According to them, the Giants’ contractually are not tied to South Bay territorial rights.
  • Baer is content with a two-team market as long as the market definitions stay as is. Pressed on what defines the South Bay, Baer hemmed and hawed, finally mumbling that it includes San Mateo and Santa Clara Counties. He also talked Warriors, saying that he’s going along with the process to evaluate options in both Oakland and San Francisco.
  • The 49ers and the potential for a new referendum on the revised stadium deal were discussed, especially by callers. I don’t think there’s enough political will to make that happen, but you never know.

I need to do a full relisten to see if there’s anything else, as I didn’t bother to take notes.

Taking stock as the post-redevelopment era begins

It’s never too early to declare winners and losers that were made as a result of today’s earthshattering news.

First the losers:

  • Backers of the Victory Court site. The site was heavily dependent on tax increment (redevelopment funds) to buy the land and pay for improvements. Now that’s out of the question.
  • The City of Oakland. Strategically, it chose to sit back and wait for the originally passed “pay-to-play” ransom plan, which was scuttled today. Now they not only have no way to do redevelopment, they’re stuck trying to figure out how to fill in major holes that have just opened in the City’s budget that were filled by a large redevelopment operating budget.
  • San Jose Redevelopment Agency. As far as old school redevelopment goes, the City is now handcuffed with no way to raise funds. Of course, the City had already been choking the life out of SJRA by finishing several projects, laying off staff, and not taking on new projects. One word: prescient.
  • Affordable housing advocates. Not directly related to stadium building, but it’s a big point of emphasis for redevelopment backers. And consider this: any large mixed-use plan including residential development in any major city in California would require an affordable housing component. Who’s gonna subsidize that now? Already, San Diego is looking for a legislative means to bring back a scaled down version of redevelopment with a focus on affordable housing.
  • Oakland Raiders. Any options the Raiders may have been considering elsewhere in Bay Area (aside from the Coliseum and Santa Clara) have to be considered nonstarters at this point.
  • Redevelopment agency employees. Many agencies had planned for the “pay-to-play” scenario. This is armageddon. Good luck to them.
  • Anyone with a downtown gentrification initiative. Those projects are now for the birds.

The winners:

  • Lew Wolff and Baseball San Jose. If Wolff and his people were secretly rooting for redevelopment to wither and die, they certainly weren’t showing it. But the decision today has such wide ranging, powerful effects on municipalities throughout the state, that’s it’s easy to envision Lew Wolff sitting in his office, thinking, Okay, that narrows the field. With the MLB panel’s report distributed prior to today’s news, they probably laid out several scenarios, and the owners have to be aware by now the ramifications – if not by the panel’s report, then by the news reports. And that plays right into Wolff’s plans. If there was ever a tipping point event for a decision on San Jose, this is it.
  • San Jose Mayor Chuck Reed. It was Reed who oversaw the winding down of SJRA and the creation of SJDDA (SJ Diridon Development Authority) to sidestep the state raid. There may be a legal challenge against SJDDA, but where will it come from? The State doesn’t have the resources to start going after dozens, if not hundreds of redevelopment agencies. Santa Clara County might, but it seems the County got what it wanted by having redevelopment eliminated. Everything else is a matter of negotiation. As noted before: prescient.
  • San Francisco 49ers and Santa Clara. They got their tasks done before the end of the year. Now it’s a matter of selling suites and seat licenses, plus getting the Raiders on board.
  • Your local municipality’s General Fund and local schools. While the State will get a portion of the newly realized tax increment, part of it will be returned to cities, counties, and school districts. For cities with very large redevelopment areas such as San Jose and Oakland, this could actually mean a windfall of sorts, or at least a way to shore up their budgets. How much will it help? That’s for the bean counters to figure out.
  • Governor Jerry Brown. The beautiful irony of this situation is that Jerry Brown used redevelopment in Oakland as a stepping stone to get him back in power in Sacramento. Now he’s killed redevelopment. That’s an experienced politician.

Too early to tell:

  • San Francisco Giants. The death of redevelopment may tip MLB in the A’s favor. Then again, it may not. One thing to consider: the Giants overtures towards the Warriors about getting an arena in Mission Bay may be negatively affected by the ruling.
  • Backers of the Coliseum City plan. The Coliseum is part of a separate joint-powers agreement which allows the Coliseum Authority to raise money for its own projects. The track record isn’t great (Mt. Davis) but the power remains. Still, Coliseum City came about as part of a major planning and redevelopment initiative in and around the Coliseum and Airport. Now at least half of that project has been rendered irrelevant, which could have cascading effects on the Coliseum. On one hand, the Coliseum could be considered one of the only places with land where something could get done. On the other hand, the Coliseum is still pretty much limited to contributing site and infrastructure improvements, with little ability to contribute directly to any new facility or refurbishment. It’s also at the mercy of private developers to flesh out Coliseum City, which given the area, is definitely not a given.

It was hard enough getting something built in California with the state of the economy. Now, if you don’t at least have something already underway or an existing facility or land from which to base improvements, you may as well not show up. Redevelopment as an industry is over. Now bring on the new industry of “creatively” financing traditionally redevelopment-oriented projects.

Official: Redevelopment is DEAD

This story will be updated throughout the day as analyses and reactions come in.

News links:

Added 3:37 PM – A brief blurb of my interview with KQED-FM is now up.

Added 3:40 PM – Fremont Mayor Bob Wasserman passed away today at the age of 77. Condolences go out to his family.

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The Supreme Court just came down with an 83-page ruling on the legality of ABX26 and 27, the redevelopment killing and reforming bills passed during the summer budget battle. Here’s the nitty gritty:

We consider whether under the state Constitution (1) redevelopment agencies, once created and engaged in redevelopment plans, have a protected right to exist that immunizes them from statutory dissolution by the Legislature; and (2) redevelopment agencies and their sponsoring communities have a protected right not to make payments to various funds benefiting schools and special districts as a condition of continued operation. Answering the first question “no” and the second “yes” we largely uphold Assembly Bill 1X 26 and invalidate Assembly Bill 1X 27.

Assembly Bill 1X 26, the dissolution measure, is a proper exercise of the legislative power vested in the Legislature by the state Constitution. That power includes the authority to create entities, such as redevelopment agencies, to carry out the state‘s ends and the corollary power to dissolve those same entities when the Legislature deems it necessary and proper. Proposition 22, while it amended the state Constitution to impose new limits on the Legislature‘s fiscal powers, neither explicitly nor implicitly rescinded the Legislature‘s power to dissolve redevelopment agencies. Nor does article XVI, section 16 of the state Constitution, which authorizes the allocation of property tax revenues to redevelopment agencies, impair that power.

A different conclusion is required with respect to Assembly Bill 1X 27, the measure conditioning further redevelopment agency operations on additional payments by an agency‘s community sponsors to state funds benefiting schools and special districts. Proposition 22 (specifically Cal. Const., art. XIII, § 25.5, subd. (a)(7)) expressly forbids the Legislature from requiring such payments.

Matosantos‘s argument that the payments are valid because technically voluntary cannot be reconciled with the fact that the payments are a requirement of continued operation. Because the flawed provisions of Assembly Bill 1X 27 are not severable from other parts of that measure, the measure is invalid in its entirety.

In short, the Court ruled that redevelopment was created by the legislature, so it can be taken away by the legislature at any point. This is the worst possible outcome for redevelopment agencies all over the state. They are effectively dissolved and have no mechanism for reconstituting themselves.

What does this mean for the various cities? Let’s do a roll call:

  • San Jose Redevelopment Agency is done. Dead. The agency owed the City $80-90 million and that’s gone. Start the procession.
  • San Jose Diridon Development Agency exists in a sort of gray area. Its charter is to oversee development in its defined area and it controls land, but it is not expressly a redevelopment agency. We’ll see if it gets (and withstands) any legal challenges in the future. As long as Lew Wolff maintains his stance that he can pay for the rest of the land/infrastructure and, more importantly, follows through on that pledge, the ballpark project is safe. Unfortunately for Wolff, the price tag continues to grow.
  • Oakland’s plans for Coliseum City and Victory Court have to go back to the drawing board, because they were largely dependent on ABX27 passing so that they could continue operation. Now that redevelopment is dead, they’ll have to come up with extremely creative ways to fund their infrastructure projects, and considering how large they are ($250 million for VC, a similar or greater amount for CC) there’s no telling how they’ll do it. That $36 million reserve that Mayor Jean Quan was crowing about? That’s all they have at this point.
  • Santa Clara is safe simply because they got a bunch of contract and lending stuff done before the end of the year. Now their only worry is the fact that their Stadium Authority is liable for $850 million in loans, despite assurances from the 49ers and NFL that they’ll take care of debt service.
  • Sacramento is in a slightly more advanced position than Oakland, because they’ve been exploring alternative ways to finance a Kings arena, such as selling advance parking revenue.
  • The downtown LA football stadium, Farmers Field, was not dependent on tax increment or redevelopment funds. It was to be paid for by increased convention center use and other events at the domed stadium.
  • The City of Industry football stadium was originally highly dependent on redevelopment money (mixed use). I had heard that the funding mix had been altered in light of the new political realities. It seems that with each passing month this project slips further into oblivion.
  • San Diego’s football stadium was also expected to use redevelopment funds. It’s hard to see how they’ll pull it off now.
  • Escondido’s AAA ballpark plan for the Padres is dead.

The only hope redevelopment has now is to lobby hard in Sacramento to reform it through the legislature. At this point, there’s no telling how or when that will happen. During the oral argument, the justices talked about a system in which projects would be voted on by their communities. That may be the future of redevelopment, not the mostly unchecked power of the past. It’s a new day in California. Good luck getting your stadium built.

Who said there’s no news at the end of the year, eh?

Note: I did an interview with KQED-FM shortly after the ruling was handed down. Hopefully part of it will show up later today or tomorrow.

P.S.: I have to clip something off the last Baseball Oakland post, full of sunshine and unicorns:

One final point about the money that would be used for Oakland’s plan. Much of it would come from redevelopment funds. Some of you might be concerned that the state will all destroy redevelopment agencies. However, I asked Fred Blackwell about this at the end of the press conference. He explained that, based on the expected upcoming ruling of a lawsuit filed by California’s cities, redevelopment agencies will continue to exist as normal and everything around ballpark financing would go as planned. If the cites lose, then they will have to make a payment to the state. Blackwell says that Oakland plans on making its payment and still can issue the needed bonds to complete its proposed projects. So, any concerns about the death of redevelopment agencies should alleviated.

Everything’s gonna be fine. Right?

Wolff finalizes Hotel Sainte Claire purchase

As mentioned at the beginning of the month, an investor group including Lew and Keith Wolff has purchased the Hotel Sainte Claire in Downtown San Jose from Larkspur Hotels and Restaurants. The final price is reportedly under $18 million ($105,000 per room), a major discount from the market value of $34-42 million ($250-300,000 per room) for the 171 room, boutique hotel.

sainte claire hotel

Hotel Sainte Claire at night. Credit: Ed Schipul (flickr)

If, as I speculated then, the purpose of the acquisition was to redo the hotel to host visiting MLB teams, buying the place for only $18 million leaves a pretty nice budget available to turn the place into a five-star joint, if the investment group were interested in doing so. I had also heard that certain unnamed MLB executives are in the investment group, which would make it seem like baseball has a vested interest in having the hotel succeed along with a ballpark in downtown San Jose. For his part, Wolff told reporter George Avalos that the purchase has nothing to do with the A’s potentially moving south. Wolff’s group also owns the nearby Fairmont, and a few years back sold the Hilton next to the convention center.

Wolff also had a curious quote:

“Cities like San Jose and Oakland are in the path of growth,” said Wolff, a principal executive with Los Angeles-based Wolff Urban Development, in explaining some of the reasons behind the purchase. “San Jose has a fairly strong downtown.”

Interesting that Wolff is working hotel deals in San Jose, but not Oakland. Perhaps a move in Oakland is in the future?

Redevelopment Court Ruling Thursday

We interrupt our usual flow of rumors, allegations, and unnamed sources for some actual news: the Merc’s Howard Mintz reports that the California Supreme Court is set to rule on the fate of redevelopment tomorrow morning at 10 AM. During the hearing, I felt there was the distinct possibility that redevelopment could be eliminated entirely. If you think I’m being Chicken Little about the issue, you should know that I’m not alone:

Of course, journalists and bloggers handicapping redevelopment’s chances don’t amount to a hill of beans, so we’ll have to wait until tomorrow morning for the reckoning. Until then, we can at least lay out the possibilities. Remember that the future of redevelopment will be dictated by how the Court rules on two bills passed during the legislative session, ABX26 and ABX27. ABX26 dictates how redevelopment-related tax increment will be funneled back to either the state or local school districts to help shore up their budgets for the next five years. ABX27 creates the “Voluntary Alternative Redevelopment Program” which allows cities and counties to continue redevelopment work if they first make required payments under ABX26.

  • Both ABX26 and ABX27 are upheld. Redevelopment agencies that have chosen – in advance – to pay the state’s “ransom” payment can continue to operate redevelopment agencies, though their ability to fund new projects will be hampered by the redirect of tax increment to the state/schools. Roughly 90% of RDA’s throughout the state have indicated that they can and will comply with this plan. Oakland is one of those cities, San Jose is not.
  • Both ABX26 and ABX26 are struck down. Redevelopment agencies can go back to “normal”, and the state, already scrambling for funds in the face of lower-than-projected revenues so far this fiscal year, would have to look to raid someone else’s cupboard.
  • ABX26 is upheld, ABX27 struck down. This outcome effectively scuttles redevelopment since it does not specify or provide a new alternative form of redevelopment. This is the worst possible outcome for RDAs all over the state, and the best for the state. Redevelopment would have to make a comeback through new legislation, which would take at least another year to enact.
  • ABX26 is struck down, ABX27 is upheld. This doesn’t appear to be much different from striking down both bills, since ABX27 is dependent on ABX26 to be effective. ABX27 also sets up an agency in every county to make sure ABX26 is enforced properly in terms of payments to the state, so it’s hard to see how it has any teeth if ABX26 is killed.

We’ll see how it plays out tomorrow. Until then, I’ll let you cry over the Bailey trade.

Reminder: Athletics After Dark interview

I just finished my interview with Athletics After Dark‘s Dale Tafoya. It lasted a little less than a half hour, which is how long AAD’s episodes usually run. The episode is up. Enjoy.

Update 12/27 5:40 PM – A report at MLB.com has Lew Wolff saying there is no movement on the stadium front yet. Yet.

Update 9:58 PM – Susan Slusser gets Peter Magowan’s take take on the matter. There’s also a poll.

Results of the poll so far:

Merry Christmas

Update 11:18 AM: I’ll be on Athletics After Dark with Dale Tafoya Tuesday. You can guess what we’ll be talking about.

I’m embedding a couple few of my favorites. Consider this an open thread.

and…

Enjoy the day, everyone.

 

Rosenthal: A’s not on January agenda, push forward anyway + Nightengale scoop

I’ll let Ken Rosenthal’s words speak for him:

In mid-November, I reported that baseball was trying to accelerate a decision on whether to allow the A’s to relocate to San Jose and that a meeting between commissioner Bud Selig and San Francisco Giants officials would take place within two weeks.

That meeting still has not occurred, according to major league sources. The Giants remain adamantly opposed to relinquishing their territorial rights to San Jose and the South Bay region. And the Athletics’ situation will not be on the agenda at the next owners’ meetings in January, sources say.

There is a twist to this. As I understand it, 20 days prior to any owner’s meetings, any owner can bring up any issue and put it to a vote. For a vote on the A’s territorial rights to be on the agenda, that request would have to be made by December 22-23. I don’t know if that was done, but I have heard that the infamous “blue ribbon report” (yes, the one we’ve been waiting over 1000 days for) was made available around the time of the GM Winter Meetings. That report would be good reading over the holiday break before getting into back to business and making a decision in January. I don’t expect this report to be available to the public, only to The Lodge. (Side note: I’ve generally gone away from the “blue ribbon” moniker as it paints the process as more formal than it may actually be.)

Despite the uncertainty regarding the scheduling of the decision, Rosenthal paints a picture of Beane and Wolff as moving forward confidently. Something has to give.

Update 12/24 2:42 AM – In an interview with Susan Slusser, Billy Beane continues to say that “he believes a decision is coming soon.”

Update 9:17 AM – Another similar article from MLB.com’s Jane Lee.

Update 11:49 AM – Now, a tweet from Bob Nightengale

All signs and top MLB# sources say that the #Athletics will be granted permission by Feb to move to San Jose.

We now return you to the regularly scheduled roller coaster ride.
Update 2:18 PM – Joe Stiglich picks up the Nightengale scoop and runs with it.

The new Moneyball is… Money

Consider for a moment: the $51 million posting fee paid by the Rangers for the opportunity to negotiate a contract with Japanese pitcher Yu Darvish will surpass the entire 2012 A’s payroll by $15-20 million. We’ve heard enough about the big moves the Angels made. The Mariners are debating whether or not to sign Prince Fielder. Or not. The Astros have a lame duck year in the NL Central before moving to the AL West for good. By the time the Astros enter the AL West, they should be on an upswing with a new, rich TV deal and an incentive for Jim Crane to retain fans because of the move.

MLB and MLBPA announced yesterday that the sum of all salaries for the 2011 season was just a shade under $3 billion. I’ve heard that total revenue was $7.2-7.5 billion, which would put the salaries at only 40-42% of revenue. Average salary was around $3 million. In that same release was the point that only two teams paid the luxury tax: the Yankees ($13.9 million) and Red Sox ($3.4 million). The new CBA is set to be more punitive against luxury taxpayers, but no one should think it’s going to seriously deter the Yanks and Red Sox. If it were a dollar-for-dollar tax as in the old NBA agreement it might have teeth.

Going back to the AL West, there’s a tasty blog entry by the Seattle Times’ Mariners beat writer Geoff Baker about the M’s long-term prospects. Plans are complicated by the ownership situation there. Majority owner and former Nintendo head Hiroshi Yamauchi may be looking to end his ownership tenure, the same way Drayton McLane slow-peddled the Astros for years. The natural choice to take the reins may be minority partner Chris Larson. Unfortunately for he’s embroiled in a messy divorce that has frozen any chances of pulling something off in the near term. (Doesn’t it seem like the only ways owners sell teams – McLane the exception – is because of a divorce or bankruptcy?)

Baker mentions that if the M’s were to be sold, the franchise’s price would be anywhere from $551 to $750 million. That’s an enormous difference. Much of that new value is based on the potential for the M’s to launch their own regional sports network, though they’re locked into an agreement through at least the 2015 season.

Back home in the Bay Area, the Giants (and Angels) are taking advantage of the Dodgers’ malaise. The Bums aren’t going to be down for too long, as they’ll be the recipient of a $4 billion TV deal when they’re allowed to negotiate it. Fox and Frank McCourt have been duking it out in court over when this can happen. McCourt won a battle last week, but today Fox was granted an injunction to stop any sale until their appeal is heard in January. Regardless of the outcome, the new Dodgers owner will be flush with cash thanks to $200 million a year coming just from TV. While the Giants are holding firm to a $130 million payroll, soon the Dodgers will be able to field that payroll without selling a ticket. That, combined with their dubiously perceived threat of the A’s moving to the South Bay, has to scare them a ton. The Giants already have hegemony over the region, and by region I don’t just mean the Bay Area, I’m referring to the 14 million throughout Northern California. They have ownership stakes in the flagship radio and RSN outlets. The sell out China Basin. What else can they do besides hiking up ticket prices sky high?

Surely the Giants have to be thinking about getting more revenue in hopes of matching the Dodgers, even if it means alienating cable partner Comcast/NBC/Universal. It could mean renegotiating the current deal or starting their own network, probably in conjunction with the Warriors, who may be SF-bound. They’d have to go to the trouble of divorcing Comcast, which as we found out with the Orioles/Nationals, isn’t exactly a cakewalk. Still, it’s something that should be explored since the Giants get more households viewing their games than the Angels, yet the Angels stand to make tons more from TV than the Giants.

Moreover, the Giants have to be drooling at the prospect of the A’s leaving NorCal entirely. That would give the Giants completely control over the 7.2 million-strong Bay Area and 14.5 million-strong NorCal region. That last number would put the Giants in control of the largest one-team market in the nation, even larger than the whole of New England (which divides Connecticut between the Red Sox, Yankees, and Mets). One baseball insider I spoke to said that if the Giants got the market to themselves, their franchise value could go up as much $500 million. A billion dollar franchise in SF. That’s the Giants’ gambit. It’s nakedly aggressive and greedy, and it shows in their vociferous defense of territorial rights.

If MLB rules for the A’s to go to San Jose, expect the Giants to go hard at the RSN market. It might start with an attempt to raise the subscriber fee for CSNBA, which shouldn’t be a big deal for Comcast since they’ll get to reap the benefits as well. It would start protracted negotiations with other TV providers such as DirecTV, Dish, Charter, Verizon, and AT&T (oddly enough). And if the Giants weren’t getting enough, they could use their market presence and power to start their own network, Comcast be damned. That would actually be good for the A’s, since it would for the first time create real competition within the market. Right now having Comcast as the only game in town severely depresses the market for the A’s TV rights, even though ratings-wise they’re similar to the Angels. If the Giants were to leave, Comcast could latch onto the A’s as Fox did the Angels, a desperate move to keep valuable content in-house. The A’s could start their own network with the Sharks and Earthquakes, but they wouldn’t be able to muscle Comcast the way the 800-lb. Giants can. (For those who think the cable monopolies will wither as games and other content are going to IP-based solutions with the providers as dumb pipes – think again. There’s too much at stake.)

With all of that in mind, while I’m rooting for the A’s to be able to explore San Jose to keep them in the Bay Area, I’m rooting for the Giants to push forward with their own network and get more revenue, since the move should have positive cascading effects for the A’s as well. Alas, we’re a ways off from anything like this happening. Hang in there, A’s fans.