MLB Officials Sign Lease for D.C. Stadium; City's Condition on Capping Costs Met FINAL Edition

Major League Baseball signed a lease for a new ballpark for the Washington Nationals yesterday, a development baseball officials believe will clear the way for the city to begin construction near the Anacostia River in Southeast and for MLB to choose an owner for the team. MLB, which owns the Nation...

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Bibliographic Details
Published inThe Washington post
Main Author Thomas Heath and Lori Montgomery
Format Newspaper Article
LanguageEnglish
Published Washington, D.C WP Company LLC d/b/a The Washington Post 06.03.2006
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Summary:Major League Baseball signed a lease for a new ballpark for the Washington Nationals yesterday, a development baseball officials believe will clear the way for the city to begin construction near the Anacostia River in Southeast and for MLB to choose an owner for the team. MLB, which owns the Nationals, also agreed to contribute $20 million toward the cost of the stadium, proposed for a 20-acre site near South Capitol Street and the Navy Yard, although it did not agree to cover stadium overruns, a key sticking point in the negotiations between the District and baseball officials. And it attached several conditions to the agreement. Council member Phil Mendelson (D-At Large), who cast one of four votes against the lease agreement, said he was not surprised that MLB had accepted it "because the cap is not ironclad."
ISSN:0190-8286