"The opportunity now exists to develop a fair ballpark solution to keep the Twins here far beyond 2002," says Bill Lester, executive director of the Metropolitan Sports Facilities Commission, which runs the Metrodome.
Lester says the court ruling reaffirms the use agreement between the MSFC and the Twins.
The commission supports construction of a new Twins home but believes a renovated Metrodome would meet the Minnesota Vikings' needs. A recent state-appointed task force, however, recommends a new ballpark for the Twins and a new football stadium for the Minnesota Vikings and the University of Minnesota.
The state high court let stand a ruling of the Minnesota Court of Appeals, which upheld a Hennepin County District Court injunction preventing Major League Baseball from shutting down the Twins before the 2002 season. The Supreme Court justices gave no reason for not hearing the matter.
Since Nov. 6, baseball owners have said they may want to "contract" two teams because of their alleged financial problems. The Twins, because they generate less local revenue than most clubs, were one of the teams, along with the Montreal Expos. The Expos likely will play the season, too, as a result of complex deals among owners.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.