It’s gonna cost an arm and a leg to demolish the Astrodome

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The Houston Astrodome has sat empty for years and has been without a professional sports team in it for a decade. But it still stands, right next door to Reliant Stadium, legally unfit for habitation. It has to be demolished, right?

Sure, bit it’s gonna cost a king’s ransom to do it, and much much more than other previous stadium demolitions:

The 2010 study estimated the cost of demolition at $78 million, including $10 million for asbestos removal and $10 million to put a “plaza” on the site after demolition. That does not include the $29.9 million the county still owes on the building …

The priciest stadium demolition a Houston Chronicle examination found was $22 million for New York’s Yankee Stadium, which was completed in 2010. Indianapolis’ RCA Dome cost $13 million to raze in 2008. The Seattle Kingdome was imploded in 2000 for about $10 million, as was Giants Stadium in New Jersey, which was razed in 2010. All had seating capacities similar to or larger than the Astrodome.

According to the article, the higher price is due to the nature of the foundation, the proximity to the other football stadium, asbestos, etc.  Experts quoted in the article are dubious, however.

In other news, the Astrodome cost $35 million to build, which in current dollars is about $250 million and change.  And yet there will still be other cities in the future who will eagerly build stadiums, ballparks and arenas for the local nine, five and eleven.

RHP Fairbanks, Rays agree to 3-year, $12 million contract

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Dave Nelson/USA TODAY Sports
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ST. PETERSBURG, Fla. — Reliever Pete Fairbanks and the Tampa Bay Rays avoided arbitration when they agreed Friday to a three-year, $12 million contract that could be worth up to $24.6 million over four seasons.

The deal includes salaries of $3,666,666 this year and $3,666,667 in each of the next two seasons. The Rays have a $7 million option for 2026 with a $1 million buyout.

His 2024 and 2025 salaries could increase by $300,000 each based on games finished in the previous season: $150,000 each for 35 and 40.

Tampa Bay’s option price could increase by up to $6 million, including $4 million for appearances: $1 million each for 60 and 70 in 2025; $500,000 for 125 from 2023-25 and $1 million each for 135, 150 and 165 from 2023-25. The option price could increase by $2 million for games finished in 2025: $500,000 each for 25, 30, 35 and 40.

Fairbanks also has a $500,000 award bonus for winning the Hoffman/Rivera reliever of the year award and $200,000 for finishing second or third.

The 29-year-old right-hander is 11-10 with a 2.98 ERA and 15 saves in 111 appearances, with all but two of the outings coming out of the bullpen since being acquired by the Rays from the Texas Rangers in July 2019.

Fairbanks was 0-0 with a 1.13 ERA in 24 appearances last year after beginning the season on the 60-day injured list with a right lat strain.

Fairbanks made his 2022 debut on July 17 and tied for the team lead with eight saves despite being sidelined more than three months. In addition, he is 0-0 with a 3.60 ERA in 12 career postseason appearances, all with Tampa Bay.

He had asked for a raise from $714,400 to $1.9 million when proposed arbitration salaries were exchanged Jan. 13, and the Rays had offered for $1.5 million.

Fairbanks’ agreement was announced two days after left-hander Jeffrey Springs agreed to a $31 million, four-year contract with Tampa Bay that could be worth $65.75 million over five seasons.

Tampa Bay remains scheduled for hearings with right-handers Jason Adam and Ryan Thompson, left-hander Colin Poche, third baseman Yandy Diaz and outfielder Harold Ramirez.