13th April 02:07
WTOP Reports: Lease to Keep Nats in D.C. for 30 Years
Lease to Keep Nats in D.C. for 30 Years
Dec 9th - 1:59pm
WTOP Reported the following:
WASHINGTON - The Nationals are one step closer to having a permanent home.
Bill Hall with the D.C. Sports and Entertainment Commission tells WTOP Radio
the lease for a new baseball stadium has been completed and agreed to by
baseball commissioner Bud Selig.
Included in the lease is a commitment from Major League Baseball to keep the
Nationals in D.C. for 30 years. Also included in the lease - $20 million
from baseball toward construction costs. Hall, who is a lead negotiator for
the city, says the lease will also provide D.C. a 2/3 share of parking
revenues at the stadium on non-game days. The other 1/3 will go to MLB.
The Sports and Entertainment Commission will present the lease to the D.C.
City Council Friday. A public hearing is scheduled for Dec. 16 and the
council will vote on the lease Dec. 20. Seven of the the 13 members of the
council must vote to approve the lease. D.C. Mayor Tony Williams has
acknowledged that council approval of the lease is uncertain at this point.