Current:Home > reviewsWisconsin governor signs off on $500 million plan to fund repairs and upgrades at Brewers stadium -FundPrime
Wisconsin governor signs off on $500 million plan to fund repairs and upgrades at Brewers stadium
View
Date:2025-04-15 03:35:15
MILWAUKEE (AP) — After months of backroom wrangling, Wisconsin Gov. Tony Evers signed a bill Tuesday that spends half-a-billion dollars in taxpayer money over the next three decades to help the Milwaukee Brewers repair their baseball stadium.
The governor signed the bipartisan package at American Family Field, calling the legislation a compromise agreement between the team and the public.
“All in all, this plan ensures the Milwaukee Brewers will continue to call this city home for nearly 30 more years,” Evers said before signing the legislation on a stage set up at home plate.
The Brewers say the 22-year-old stadium needs extensive renovation. The stadium’s glass outfield doors, seats and concourses need replacing, the stadium’s luxury suites and video scoreboard need upgrades and the stadium’s signature retractable roof, fire suppression systems, parking lots, elevators and escalators need work, according to the team.
Brewers officials warned lawmakers the team might leave Milwaukee without public assistance. Spurred by the threat of losing tens of millions of dollars in tax revenue, legislators began working on a subsidy package in September.
Debates over handing public dollars to professional sports teams are always divisive. The Brewers’ principal owner, Mark Attanasio, is worth an estimated $700 million, according to Yahoo Finance, and the team itself is valued at around $1.6 billion, according to Forbes.
Critics, including a number of Milwaukee-area legislators, insisted the Brewers deserved nothing and the state should spend its tax dollars on programs designed to help people.
The package went through multiple revisions as lawmakers worked to find ways to reduce the public subsidy. The bill Evers finally signed calls for a state contribution of $365.8 million doled out in annual payments through 2050. The city of Milwaukee and Milwaukee County will contribute a combined $135 million.
The legislation also imposes surcharges on tickets to non-baseball events at the stadium such as rock concerts or monster truck rallies. The surcharges are expected to generate $20.7 million.
The Brewers, for their part, will spend $110 million and extend their lease at the stadium through 2050, keeping Major League Baseball in its smallest market for another 27 years.
The bill easily passed the Legislature last month, with the Assembly approving it on a 72-26 vote and the Senate following suit 19-14.
veryGood! (2)
Related
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Liverpool and Man City draw 1-1 in thrilling Premier League clash at Anfield
- Julianne Hough's Stunning Oscars 2024 Look Includes Surprise Pants
- Oscars 2024 Winners: See the Complete List
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- West Virginia bill letting teachers remove ‘threatening’ students from class heads to governor
- Why Ryan Gosling Didn't Bring Eva Mendes as His Date to the 2024 Oscars
- 'Built by preppers for preppers': See this Wisconsin compound built for off-the-grid lifestyles
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Kansas State tops No. 6 Iowa State 65-58; No. 1 Houston claims Big 12 regular-season title
Ranking
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Chris Evans and His Leading Lady Alba Baptista Match Styles at Pre-Oscars Party
- TikTok's latest 'husband' test is going viral. Experts say something darker is going on.
- Krystyna Pyszková of Czech Republic crowned in 2024 Miss World pageant
- Military service academies see drop in reported sexual assaults after alarming surge
- Céline Dion Gives a Thumbs Up as She Makes Rare Public Appearance in NYC Amid Health Battle
- ‘Kung Fu Panda 4' opens No. 1, while ‘Dune: Part Two’ stays strong
- What's the big deal about the April 2024 total solar eclipse? Why it's so interesting.
Recommendation
Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
D’Angelo Russell scores 44 points in LeBron-less Lakers’ stunning 123-122 win over Bucks
Permanent daylight saving time? Politicians keep trying to make it a reality.
Oscars 2024 Winners: See the Complete List
Meta releases AI model to enhance Metaverse experience
These Barbies partied with Chanel the night before the Oscars
Havertz scores late winner as Arsenal beats Brentford 2-1 to go top of Premier League overnight
Bradley Cooper Twins With Mom Gloria Campano On 2024 Oscars Red Carpet