Report: ‘Minimal risk’ for taxpayers in new PawSox stadium

THE PAWTUCKET FOUNDATION has commissioned a report that finds a proposed $83 million ballpark for the Pawtucket Red Sox would pose a minimal financial risk for taxpayers and the team. / COURTESY PAWTUCKET RED SOX
THE PAWTUCKET FOUNDATION has commissioned a report that finds a proposed $83 million ballpark for the Pawtucket Red Sox would pose a minimal financial risk for taxpayers and the team. / COURTESY PAWTUCKET RED SOX
PAWTUCKET - An $83 million ballpark that would be built for the Pawtucket Red Sox in the city’s downtown with the help of public financing carries “minimal risk” for taxpayers and the team’s owners, according to a report released Thursday by the Pawtucket Foundation. The foundation hired Mark Rosentraub, a professor of sports management, and…

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1 COMMENT

  1. Minimal risk? If the risk is so small, why don’t the owners of the PawSox pay for this deal out of their own pockets.

    Money talks. The fact that they aren’t willing to risk their own money should tell you everything you need to know.

    Meanwhile, instead of hiring an independent economist to assess the situation (which they won’t do because actual economists understand exactly why publicly-funded stadiums are a terrible deal for taxpayers), they hire a guy who has built a lucrative business on promoting exactly these sorts of taxpayer ripoffs.

    Don’t be fooled. If the PawSox leave, we’ll have no trouble persuading another team to play in the legendary McCoy Stadium.