What's the economic value of a minor league team? Everett looks at financials of proposed AquaSox stadium

The Everett AquaSox's home for 40 years, Funko Field, is no longer in compliance with new stadium regulations implemented when Major League Baseball took over the minor leagues in 2020. 

Now the city of Everett is exploring a replacement stadium that could cost up to $120 million. The city isn't shouldering the whole burden of this stadium, the state has chipped in money, along with Snohomish County, and AquaSox ownership has pledged $5 to $10 million.

The city estimates that a new stadium downtown could generate up to $55 million dollars a year, whether that makes the stadium a good investment is up for debate.

Guests:

Will Geschke - General Assignment Reporter at the Everett Herald

Nola Agha - professor at the University of San Francisco’s Sport Management Program

Relevant Links:

Everett Herald: Everett takes next step toward new AquaSox stadium

Everett Herald: Everett faces June deadline to present AquaSox stadium plan

 

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