Thank you for sharing!

Your article was successfully shared with the contacts you provided.

MINNEAPOLIS-The Metropolitan Sports Facilities Commission, the public agency that operates the Metrodome, says it will exercise every power it has to keep the Twins in Minnesota. The action comes in response to a meeting by Major League Baseball owners met this week to approve a “contraction” of the league by eliminating two unspecified teams that were not producing sufficient revenues and did not have new stadiums.

Although not named, insiders believe the Minnesota Twins could be one of the two teams dissolved. The Metropolitan Sports Facilities Commission concluded that the Twins have a legally binding use agreement that requires the team to play in the Metrodome during the 2002 season, and the commission says it will enforce that contract. Commission officials say that “progress is being made on a fair, long-term ballpark” and that Major League Baseball has yet to fulfill its promise of reform the economics of baseball.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.