Menu
Leagues and Governing Bodies

Montreal Group Launches Feasibility Study For Possible Return Of MLB Franchise

Former MLBer and Montreal Baseball Project Founder & President Warren Cromartie, whose group aims to “bring the major leagues back to the city,” said that he will “know soon whether fans and the business community really want it,” according to Bill Beacon of the CP. The group and the Montreal Board of Trade Wednesday “launched a feasibility study” to see “if conditions are right and the interest is there.” An accounting team from Ernst & Young will “analyze the financial factors and stadium options and law firm BCF LLP will look at the legal and financing structures of the project.” Polling firm Léger Marketing will “take the pulse of the business community and the public to see if there are enough people ready to buy tickets and corporate boxes to make the team work.” The C$400,000 study, with costs “split evenly between the Board of Trade and some private business people, is to be completed by the end of the year” (CP, 3/20). The GLOBE & MAIL’s Sean Gordon wrote the project is a “massive, ambitious undertaking.” Ernst & Young Eastern Canada Managing Partner Sylvain Vincent said that it is “in the range of a billion dollars -- including the cost of a new, purpose-built downtown ballpark.” Cromartie has “enlisted the help” of “some of the same consultants who built the business case for a new publicly funded NHL-ready arena in Quebec City.” Leblanc said that it is “an open question whether the endeavour can go ahead in the absence of public money.” But he added, “Our preference at this point is that it be a private project.” The Montreal Baseball Project has “already consulted with architects to scout out possible locations for the downtown stadium the Expos never had -- the Griffintown area, just southwest of the city centre.” However, there is also the “conspicuous absence of a deep-pocketed owner-in-waiting.” Finally, there is the “small matter” of convincing MLB Commissioner Bud Selig to “return to a city the league couldn’t bail out of quickly enough” (GLOBE & MAIL, 3/20).

SBJ Morning Buzzcast: May 8, 2024

Start your morning with Buzzcast with Austin Karp: The NFL sets a date for its 2024 schedule release, while also dropping hints that it could soon approve private equity investment in teams; WNBA teams finally land charter flights; the F1 Miami Grand Prix delivers a record on TV; and Elevate lands in Happy Valley.

Phoenix Mercury/NBC’s Cindy Brunson, NBA Media Deal, Network Upfronts

On this week’s pod, SBJ’s Austin Karp chats with SBJ NBA writer Tom Friend about the pending NBA media Deal. Cindy Brunson of NBC and Phoenix Mercury is our Big Get this week. The sports broadcasting pioneer talks the upcoming WNBA season. Later in the show, SBJ media writer Mollie Cahillane gets us set for the upcoming network upfronts.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2013/03/22/Leagues-and-Governing-Bodies/Montreal.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2013/03/22/Leagues-and-Governing-Bodies/Montreal.aspx

CLOSE