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Panel Suggests Pohlad, Player Income Taxes Help Pay for New Ballpark

MINNEAPOLIS-An advisory panel recommends Twins owner Carl Pohlad should kick in about $150 million for a new stadium. Further, it suggests diverting taxes generated by the ballpark, including player and front-office salaries.

By Jim McCartney | Updated on January 12, 2001

MINNEAPOLIS-Minnesota Twins owner Carl Pohlad should pay half, or about $150 million, of the costs of a new stadium for his professional baseball team, according to arecommendation from an advisory panel appointed by the team. The report also suggests that a stadium could be built without a direct public subsidy throughsiphoning off state sales and income taxes applied to player and front office salaries, sales of tickets and concessions at the ballpark and construction costs.

All of these are revenues are tied to the team and the ballpark, and would not exist without them, the panel says.

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