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Ripken Stadium Lease May Be Restructured PDF Print E-mail
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Written by The Staff   
Sunday, 29 April 2007 09:23

Ripken StadiumA restructuring of the agreement between the City of Aberdeen and Cal Ripken's Tufton Professional Baseball LLC over the 6,000 seat Ripken Stadium appears to be in the preferred route that the city would like to take to minimize losses, according to Mayor S. Fred Simmons of Aberdeen. As reported by the Baltimore Sun:

Mayor S. Fred Simmons has said he wanted to sell the city-owned stadium, with Ripken acknowledging an interest in acquiring the 6,000-seat facility where his Aberdeen IronBirds, a Single-A affiliate of the Baltimore Orioles, play 38 home games a year. Simmons even announced at a City Council meeting last month that a framework for a deal with Ripken appeared to be in place.

Since then, however, negotiations have taken a turn, he said. Changes to an agreement signed in 2000, which details the responsibilities of the city and Ripken's Tufton Professional Baseball LLC, have become his preferred option, he said.

A renegotiation "more accurately reflects what is and what can be down the road," Simmons said. Changes to the agreement would be designed to relieve the city's operating losses on the stadium.

 
 
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