The Astros and outfielder Hunter Pence are going to an arbitration hearing.
According to Stephen Goff of the Houston Astros Examiner, the two sides will meet on February 18 in front of a panel of independent arbitrators who will decide between the $6.9 million that Pence asked for and the $5.15 million that the Astros offered when arbitration figures were exchanged in mid-January.
Pence, 27, registered a .282/.325/.461 batting line, 25 home runs and a career-high 91 RBI last season for Houston while showing plus range in the outfield. He boasts an .817 career OPS through his first four seasons in the major leagues.
Pence made $3.5 million in 2010 in his first-year of arbitration eligibility. He achieved Super Two status in ’09.
CARSON CITY, Nev. — The Nevada Senate adjourned Thursday without voting on a financing bill for a proposed $1.5 billion Las Vegas Strip stadium for the Oakland Athletics, extending the special legislative session into the next week amid negotiations over whether to contribute $380 million in public funding to the project.
The measure can still be amended by lawmakers, and if it passes the Senate it would still need approval from the Assembly before going to the desk of Republican Gov. Joe Lombardo, who has expressed support for it. Both the state Senate and Assembly are adjourned until Monday.
In a hearing that began Wednesday and stretched into the early morning hours Thursday, lawmakers peppered tourism officials and a representative from a firm partnering with the ball club with questions about the feasibility and benefits of financing such a deal.
Public funds for the stadium would mainly come from $180 million in transferable tax credits and $120 million in county bonds. Backers have pledged that the creation of a special tax district around the proposed stadium would generate enough money to pay off those bonds and interest. The plan would not directly raise taxes.
The A’s would not owe property taxes for the publicly owned stadium. Clark County, which includes Las Vegas, would also contribute $25 million in credit toward infrastructure costs.
A’s representatives and some tourism officials say a deal would further grow Las Vegas’ developing sports scene and act as an economic engine, but a growing chorus of economists and some lawmakers warn that the project would bring minimal benefits for the hefty public price tag.