Florida Weighs Corporate Welfare for New Sports Stadium

Is another baseball stadium going to be built on the backs of taxpayers? That’s the question raised by this article in Reason:

For his part, St. Petersburg Mayor Bill Foster has kept the Rays in check about sticking around until 2027, threatening to sue any party attempting to break the contract and move the team out of the downtown structure.

“I put a lot in contracts, commitments and loyalty. All I’m asking is for them to abide by the contract,” Foster told The New York Times in June.

In the new proposal penned by the chambers of commerce, the Rays would pick up 20-40 percent of the estimated cost $621 million cost for construction of a new stadium, but the rest would fall on taxpayers, again.