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Twins expected to sign a 30-year lease

The Star Tribune reported that the the Twins and the Minnesota Ballpark Authority are expected today to sign off on the lease to a three-decade stay in the new stadium.

KSTP reported that the Twins will get to keep all revenue from ticket sales, advertising, naming rights, tours and concessions during baseball games. 10 percent of the net revenues from non-basbeall related events, they must share with the authority.

KSTP also reported that the Twins will be charge $900,000 in rent, and the money will flow into a maintenance fund.

Posted by Sara Wedding on April 26, 2007 05:48 PM |

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