WORCESTER – A source familiar with the negotiations between the City of Worcester and the Pawtucket Red Sox ownership group told ThisWeekinWorcester.com [TWIW] that the City’s offer is “substantially better” than what Pawtucket and Rhode Island’s offer is to keep the team.
Specifically, the source told TWIW that Worcester’s offer will save the Pawtucket Red Sox owners “tens of millions” if they move to Worcester and build a stadium in the city’s Canal District.
According to multiple sources, early estimates now price the construction of a new stadium at $75 million — with Commonwealth of Massachusetts and the City of Worcester responsible for nearly ¾ of the cost of construction [nearly $60 million] and the PawSox ownership group will be responsible for the remainder [roughly $15 million].
Earlier this week, the City of Pawtucket requested changes to their proposed deal to finance a new stadium. The original deal in Pawtucket called for the construction of an $83 million stadium — with the PawSox covering $45 million of that cost.
The Providence Journal recently reported that the league is concerned that the PawSox owners would be paying too much for the team to remain in Pawtucket.
Stay with ThisWeekinWorcester.com for more information as this story progresses.