Spartanburg outlines funding, future maintenance of MiLB stadium [Video]

FROM THE GAME COMING UP IN SPORTS AND THIS TIME NEXT YEAR, ANOTHER BASEBALL TEAM WILL OPEN ITS SEASON IN THE UPSTATE. THE CITY OF SPARTANBURG HAS WORKED OUT THE FINANCES BEHIND ITS NEW MINOR LEAGUE BALLPARK, WHICH IS NOW UNDER CONSTRUCTION. REY LLERENA JOINS US LIVE WITH MORE ON THIS. RAY. WELL, NIGEL, OPENING DAY IN SPARTANBURG IS STILL A BIT OF WAYS, BUT NOW THE CITY HAS FINALIZED THE FUNDING AND WHO’S RESPONSIBLE FOR MAINTAINING THE BALLPARK? SPARTANBURG IS SWINGING FOR THE FENCES WITH ITS PLANNED MINOR LEAGUE BASEBALL COMPLEX DOWNTOWN. THE CITY MANAGER SAYS A COMBINATION OF BONDS, FOOD AND DRINK SALES AND HOTEL STAYS WILL COVER THE COST. THIS IS BY FAR THE LARGEST DEVELOPMENT IN THE COMMUNITY’S HISTORY. $425 MILLION OF THREE QUARTERS OF WHICH IS IS IS PRIVATE INVESTMENT, STOREY SAYS. THE TEAM, WHOSE NAME HASN’T BEEN REVEALED YET, WILL PAY AROUND $750,000 EACH …