Arizona Officials Approve Public Funding For Chase Field Renovation
Arizona 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 ( ). The bill had pa sed 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
Ky Bowman Jersey 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 dont have a new lease extension, and were going to start negotiating that, D-Backs CEO Derrick Hall told this week. I dont see any i sue there. The public funding will go towards infrastructure upgrades to the stadium. Hall told that improving the air conditioning system and installing a new video board are among the initial priorities. The team has stated that theyll commit $250MM to the project. As noted by Arizona Sports Alex Weiner, the legislation includes financial penalties if the D-Backs leave Chase Field before 2050. Theyd face a $10MM fine for leaving before 2035 with le ser penalties if they leave between 2036-50. In February 2024, when the team was encountering resistance in their pursuit of public funding, owner Ken Kendrick had remarked that they may run out of time in Phoenix. They still need to finalize the lease extension but now seem likely to stay for the long haul. Phoenix had lost its NHL team, the Coyotes, in a relocation to Salt Lake City before the 2024-25 NHL season.
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