“Is this Heaven?”
“No, it’s a depressed real estate market.”
The purchase of the “Field of Dreams” movie site in eastern Iowa has been completed.
The investors group Go the Distance Baseball LLC says it closed last week on the deal reached with owners Don and Becky Lansing. The final price was $3.4 million plus interest. It was listed for $5.4 million more than two years ago when it went on the market.
The purchasers plan to build as many as 24 youth baseball fields on site in order to hold tournaments. If that doesn’t pan out, word is that the purchasers’ brother-in-law will strongly advise them to plant corn to stave off bankruptcy.
No matter what happens, this is bound to be a totally overrated real estate deal that everyone says they love anyway.
Minor League Baseball announced on Wednesday that, for the 14th consecutive season, the league has eclipsed 40 million in total attendance. 20 teams set single-game attendance records and seven teams set franchise records for single-game attendance in their current parks.
ESPN’s Keith Law, who has been covering the minor leagues for quite a while, did the math:
Minor League Baseball president and CEO Pat O’Conner, whose most prominent stint in the public eye involved him disingenuously justifying the underpaying of his players, said, “Minor League Baseball continues to be the best entertainment value in sports, and these numbers support that. For us to top 40 million fans for the 14th consecutive season despite the weather challenges our teams faced in April and May is a testament to the continued support of our loyal fan bases and the creative promotions and hard work done by all of our teams across the country.”
Major and Minor League Baseball are quite happy to make money hand over fist on the backs of their players, but are too cheap to pay them adequately for their labor.