Posted June 30Jun 30 State Officials Approve Funding For Chase Field Upgrades - MLB Trade RumorsArizona governor Katie Hobbs has signed off on legislation committing up to $500MM (plus an annual inflation adjustment) in sales tax revenue over the next 30 years towards Chase Field renovations (link via The Associated Press). The bill had passed the state legislature on Tuesday. Hobbs has been a longtime supporter of the project, so her approval was largely a formality.The next step is for the organization to agree to a lease extension with Maricopa County. Their current lease at Chase Field runs through 2027. “This could all be for naught if we don’t have a new lease extension, and we’re going to start negotiating that,” D-Backs CEO Derrick Hall told Arizona Sports this week. “I don’t see any issue there.”The public funding will go towards infrastructure upgrades to the stadium. Hall told Craig Harris of 12 News that improving the air conditioning system and installing a new video board are among the initial priorities. The team has stated that they’ll commit $250MM to the project.
June 30Jun 30 This is neither here nor there, but why do you sometimes see "MM" as the abbreviation for "million?" Are they committing $500 million million? $500 million moneys? Just looks stupid to me.This has been my contribution to this thread.
June 30Jun 30 Author 12 minutes ago, mrchainsaw said:This is neither here nor there, but why do you sometimes see "MM" as the abbreviation for "million?" Are they committing $500 million million? $500 million moneys? Just looks stupid to me.This has been my contribution to this thread.per google:I learned something today. Thanks @mrchainsaw lol Edited June 30Jun 30 by rmc523
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