Menu
Facilities

Pirates Want To Use Sports Betting Revenue For PNC Park Upgrades

The Pirates and the owner of PNC Park have been at odds for two years over improvement needsGETTY IMAGES

The Pirates "want a cut of any revenue generated by sports betting in Pennsylvania to help pay for improvements to PNC Park," according to a front-page piece by Mark Belko of the PITTSBURGH POST-GAZETTE. In a letter to the state gaming control board, Pirates President Frank Coonelly wrote, "Any revenue generated through sports wagering is largely dependent on organizations like the Pirates who actually supply the sports wagering product." The Pirates and the Pittsburgh-Allegheny County Sports & Exhibition Authority, which owns PNC Park, have been "squabbling for two years over who was responsible for various improvements." In his letter, Coonelly noted that while the PACSEA is "responsible for capital repairs and improvements at the ballpark, the Pirates are on the hook for maintenance and operational expenses." Coonelly: "The capital needs at PNC Park are significant and unfortunately are much higher than the current funds allocated to them by our landlord." Coonelly stated that the PACSEA "has not met its obligations under its lease with the team and has stated that a PNC Park capital reserve fund is not sufficient." PACSEA BOD Chair Wayne Fontana said that he is "open to discussing using some of the revenue that local government will get from sports betting for capital improvements, but it can't be limited to PNC Park" and would have to "include Heinz Field, PPG Paints Arena and the David L. Lawrence Convention Center." Fontana: "They want us to find new sources. But when they get a new source, they don't want to share the wealth. That has to change." Pennsylvania State Sen. Jay Costa said that all of the revenue generated from sports betting has been "earmarked for the state general fund and local governments" (PITTSBURGH POST-GAZETTE, 6/26).

SBJ Morning Buzzcast: May 6, 2024

Takeaways from a big sports weekend including The Kentucky Derby and F1's Miami Grand Prix; Caitlin Clark's WNBA preseason debut; a new RSN set to form in Chicago.

Learfield's Cory Moss, MASN/ESPN's Ben McDonald, and Canelo

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with Learfield's Cory Moss as he talks about his company’s collaboration on EA Sports College Football. Later in the show, we hear from MASN/ESPN baseball analyst Ben McDonald on how he sees the college and professional baseball scene shaking out. SBJ’s Adam Stern shares his thoughts on the upcoming Canelo-Mungia bout on Prime Video and DAZN.

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/2018/06/26/Facilities/Pirates.aspx

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

https://www.sportsbusinessjournal.com/Daily/Issues/2018/06/26/Facilities/Pirates.aspx

CLOSE