You’d also have a ton of delayed games in the summer since that area gets a lot of thunder showers and lightning.
Tampa Bay Rays
#702
Posted 20 October 2024 - 10:09 AM
So apparently the Trop is owned by St. Petersburg, was underinsured, and was already scheduled to be replaced in 2028. Sounds like there's a real chance that the Rays will need to play somewhere else for the next 3 seasons.
Best guess if insurance is insufficient at the Trop? The Orlando Rays (tampabay.com)
#703
Posted 21 October 2024 - 03:46 AM
That's wild.
#704
Posted 21 October 2024 - 11:15 AM
So apparently the Trop is owned by St. Petersburg, was underinsured, and was already scheduled to be replaced in 2028. Sounds like there's a real chance that the Rays will need to play somewhere else for the next 3 seasons.
Best guess if insurance is insufficient at the Trop? The Orlando Rays (tampabay.com)
Yep, just with the pending deal to replace it, no one was going to sign off on multi million repairs with such a short life span left. Will be interesting to see what they do.
Play at U Tampa and see if they can manage to sell THAT one out?
#705
Posted 21 October 2024 - 12:18 PM
They can play a significant part of the season in Puerto Rico. I'd go down there to see the O's play the Rays.
#706
Posted 21 October 2024 - 01:44 PM
Here's what the article says, although it's mostly just the opinion of the reporter.
Plus, any suggestions of moving the team more than 100 miles away would not be looked upon fondly in St. Pete considering the investment the city and Pinellas County have committed to a new stadium.
Would fields at the University of Tampa or University of South Florida work? Perhaps, but it would take major upgrades. And the players association will need to sign off on any alternate locations.
That would seem to make The Stadium at the ESPN Wide World of Sports complex at Walt Disney World the most logical solution.
It’s about 90 miles from the Trop and was used in spring training by the Braves as recently as 2018. The Rays have long wanted to make inroads in the Orlando market — which is why they played six regular season games at the facility in 2007-08 — so it has that benefit, as well.
#707
Posted 12 November 2024 - 06:53 PM
FOS: Tropicana Field Repairs Will Cost $55.7M and Take a Year
So at minimum they need a temporary home for a full season. And after the deductible of $22M the city's insurance on the park will only cover up to $25M, so St. Pete would be on the hook for about $31M to fix a facility that might only be used for two years after that (apparently a new city council could upend the new stadium deal).
And then there's this bit of irony...
City leaders have already filed an insurance claim to recoup some repair costs, and the Tampa Bay Times reported that the policy on Tropicana Field carries $25 million of coverage after a $22 million deductible. But the coverage was reduced in March from a prior level of $100 million to save $275,000 in premium payments.
#708
Posted 14 November 2024 - 12:27 PM
Set to play at the Yankees ST site for '25
#709
Posted 14 November 2024 - 02:54 PM
Set to play at the Yankees ST site for '25
13% of the AL in basically minor league parks is probably not the best branding outcome for the league lol
- NewMarketSean and DuffMan like this
#710
Posted 14 November 2024 - 02:58 PM
Tricky situation for the city and the team, but I can't believe that the insurance for the roof was so low in a state that gets so many hurricanes.
#711
Posted 14 November 2024 - 03:28 PM
Tricky situation for the city and the team, but I can't believe that the insurance for the roof was so low in a state that gets so many hurricanes.
That article I posted back in October had some info on their thought process - there's a $22M deductible, so damages would have to exceed $47M for the $25M cap to apply, and their modeling projected maximum losses of $33-$39M.
That same article also said that the roof might not even be insured, because it was 10 years beyond its maximum lifespan, but maybe that turned out to not be true.
Another insurance policy has a $25 million limit but includes a 5% deductible of the total insured value. The Trop’s value, according to insurance documents, is $441 million. That would translate to a $22 million deductible. That policy had previously had a $100 million limit, but the city opted to reduce it in March because modeling predicted a maximum loss of $33 million-$39 million based on a once-in-250-years storm event.
The city saved about $275,000 in premium payments by reducing the insurance limit.
“The likelihood of it reaching the dollar amount on the top end versus a deductible change is very appealing,” city risk manager Blaise Mazzola said during a Budget, Finance and Taxation committee meeting earlier this year. “You know, you’d have to reach about $47 million (in damages) before you’d start saying that $100 million dollar option was a better option. So for the savings, we felt this was a solid option.”
#712
Posted 14 November 2024 - 04:58 PM
#713
Posted 15 November 2024 - 09:57 AM
13% of the AL in basically minor league parks is probably not the best branding outcome for the league lol
Bad in the short term, but taxpayers buying wealthy owners two more new ballparks will pay off in the long run.
#714
Posted 26 November 2024 - 05:40 PM
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