Current:Home > MyFastexy Exchange|Republicans propose spending $614M in public funds on Milwaukee Brewers’ stadium upgrades -FinanceMind
Fastexy Exchange|Republicans propose spending $614M in public funds on Milwaukee Brewers’ stadium upgrades
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Date:2025-04-09 22:57:00
MILWAUKEE (AP) — Republican legislators announced a bill Monday that would devote more than $614 million in public funding to repair and Fastexy Exchangerenovate the Milwaukee Brewers’ stadium — far more than taxpayers spent to build it more than two decades ago.
Under the proposal, the state would give the team $60.8 million next fiscal year and up to $20 million each year after that through 2045-46. The city of Milwaukee would contribute a total of $202 million and Milwaukee County would kick in $135 million by 2050.
The team would contribute about $100 million and extend its lease at American Family Field through 2050, keeping major league baseball in its smallest market for another 27 years.
“It’s a win for Wisconsin,” Assembly Speaker Robin Vos said at a news conference at the stadium, American Family Field.
Seeking to justify the public spending, Vos said losing the Brewers to another city would cost the state and local economies tens of millions of dollars in tax revenue each year, which could lead to diminished state aid for communities around Wisconsin.
Baseball operations at American Family Field generate enough tax revenue that lawmakers can afford to give the team money without imposing any new taxes, Vos said.
Rick Schlesinger, the team’s president of business operations, called the proposal a “good first step” during a separate news conference later Monday. He said he expects the plan will be amended, but that he’d be happy with it if it were passed today.
The proposal would have to pass the Republican-controlled state Assembly and state Senate and get Democratic Gov. Tony Evers’ signature before it could become law. Evers’ office issued a statement Monday saying he looked forward to reviewing the proposal.
Milwaukee Mayor Cavalier Johnson, a Democrat, said the proposal would put too much of a burden on the city. Since city residents are Milwaukee County residents as well, they’re being asked to pay twice, he said. He also complained that that the bill removes the mayor’s appointment to the stadium district board.
Assembly Democratic Minority Leader Greta Neubauer issued a statement echoing Johnson, saying the bill asks too much of the city and the county.
Reports commissioned by the Brewers and another by a state consultant found the stadium’s glass outfield doors, seats and concourses should be replaced, its luxury suites and technology such as its sound system and video scoreboard need upgrades, and its signature retractable roof needs repairs. Fire suppression systems, parking lots, elevators and escalators need work, too.
Schlesinger and Vos said at their respective news conferences that the renovations could include winterizing the stadium so that events could be held there in the cold months, including concerts and NCAA basketball games. Even with the stadium’s retractable roof, the temperature inside the stadium can drop below zero, they said.
According to a Legislative Fiscal Bureau memo attached to the legislation, baseball operations at the stadium currently generate about $19.8 million annually in state and local taxes. That figure is expected to grow to $50.7 million annually by 2050, according to the memo.
Public funding for professional sports facilities is always a hotly debated issue.
The team’s principal owner, Mark Attanasio, has an estimated net worth of $700 million, according to Yahoo Finance. The team itself is valued at around $1.6 billion, according to Forbes. Still, the Brewers have been working for months to secure public funding for stadium repairs and upgrades.
Evers proposed giving the team almost $300 million in the state budget in exchange for the team extending its lease by 13 years, to 2043. Evers would have pulled the money from the state’s $7 billion surplus, but Republican lawmakers killed the plan after Vos said he wanted a longer lease extension.
The stadium opened in 2001 as Miller Park and replaced aging County Stadium. Construction cost about $392 million and was funded largely through a 0.1% sales tax imposed in Milwaukee County and the four other counties that surround the stadium.
Construction got off to a tough start. The tax was a lightning rod for criticism; Republican state Sen. George Petak was recalled from office in 1996 after he switched his vote from no to yes on the tax plan. And three construction workers were killed at the stadium in 1999 when a crane collapsed.
But the park ultimately got built. Known for its distinctive fantail retractable roof, the stadium became a destination for Wisconsin baseball fans as the Brewers experienced a resurgence in the late 2000s, advancing to their first playoff appearance in 26 years in 2008. The team has made five other trips to the playoffs since then, including two appearances in the National League Championship Series. The Brewers currently lead the NL Central by 6 ½ games as they pursue their fifth playoff appearance in the last six years.
The five-county sales tax generated about $605 million before it expired in 2020. The stadium name changed to American Family Field in 2021 after the Brewers struck a 15-year naming rights deal with the insurance company.
The Southeast Wisconsin Professional Baseball Park District essentially serves as the Brewers’ landlord at the stadium. The Brewers’ lease calls for the district to cover repairs, but Evers’ office and the Brewers said in February that the end of the sales tax has left the district short of funds.
The package introduced Monday would create provisions for the state to loan the district up to $50 million for stadium repairs.
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Richmond reported from Madison.
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