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ROCKIES AGREE ON COORS FIELD LEASE
Published November 30, 1994
The Rockies will pay $30M of an estimated $215M in construction costs at Coors Field under a new long-term lease agreement. The details of the proposed 22-year agreement between the Rockies and the Denver Metropolitan Major League Baseball Stadium District were released Monday. About $32M in baseball revenue will be distributed among six Denver metro counties between 2000-2016. The former lease had allowed the Rockies to keep profits from several sources of stadium revenue, including parking and concerts among other non-baseball events. Also, the team would not have been required to pay for construction costs (AP, 11/29).