Red Wings reach lease agreement, will stay in Rochester
UPDATE: The Red Wings will be staying in Rochester!
The team reached a lease agreement Tuesday that will keep them at Frontier Field.
The agreement is a 10-year lease with the option for a second 10 years to be mutually agreed on.
The current lease allowed for a deficit of roughly $1.3 million a year and was not sustainable.
Rochester Community Baseball, which owns the Red Wings, wanted to control more income from concessions and parking and pay a flat rent, slightly higher than the average $1 million a year it pays now.
The county wanted to double the rent to $2 million.
Neither side would give details of the agreement, or whether the structure of the finances will change.
Monroe County Executive Cheryl Dinolfo also would not say if taxpayers will subsidize the operations at Frontier Field.
This is an agreement in principal. Some details still have to be worked out. All of the details will be released before this is presented to the Monroe County Legislature.
In a statement released Tuesday, Assemblyman Joe Morelle said, “I applaud Naomi Silver and the Red Wings organization for maintaining their commitment to the greater Rochester community and never losing faith throughout lease negotiations with the County Administration. The Rochester Red Wings are an intrinsic part of our community’s DNA, one of the regions most prized assets, and arguably the best-run minor league sports franchise in the nation. I extend my sincere thanks to the many voices that were raised in our community, helping to ensure that families and individuals can enjoy America’s greatest pastime in Rochester for many years to come.”
Rochester, N.Y. - Representatives from Monroe County and the Rochester Red Wings will hold a joint news conference Tuesday afternoon at Frontier Field.
The 20-year lease for Frontier Field is up, and questions over finances and lease payments have the team threatening to move.
The team, Monroe County officials - including County Executive Cheryl Dinolfo - and representatives for the International League have been in closed-door talks since Monday.
This is a developing story - 13WHAM will provide updates as they become available.