{"id":337933,"date":"2026-05-29T19:04:20","date_gmt":"2026-05-29T19:04:20","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/337933\/"},"modified":"2026-05-29T19:04:20","modified_gmt":"2026-05-29T19:04:20","slug":"sacramento-baseball-team-bid-by-2-billion-in-p3-funding","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/337933\/","title":{"rendered":"Sacramento baseball team bid by $2 billion in P3 funding"},"content":{"rendered":"

\"Sacramento Sacramento Pitch supporters unveiled a rendering of a 50-acre project in the hope of beating several cities vying to house one of Major League Baseball’s two planned expansion teams.<\/p>\n

Sacramento Pitch<\/p>\n

Sacramento launched its campaign for a Major League Baseball expansion team Thursday, backed by a fully entitled 50-acre stadium site and nearly $2 billion in public-private investment.<\/p>\n

Processing Content<\/p>\n

The effort positions Sacramento as a leading West Coast expansion candidate with site control, development readiness and financial momentum already in place, supporters said.<\/p>\n

“When MLB moves forward on expansion, Sacramento will be impossible to ignore,” said Mark Friedman, founder and chairman of Fulcrum Property and board chair of the Greater Sacramento Economic Council. “We have the market, the site, the capital and the community. Sacramento is ready to compete \u2014 and Sacramento is ready to win.”<\/p>\n

The MLB is looking to add two expansion teams<\/a> before the end of Commissioner Rob Manfred’s tenure in 2029.<\/p>\n

The contenders to become the 31st and 32nd teams include Nashville, Tennessee; Salt Lake City, Utah;<\/a> Portland Oregon; Raleigh, North Carolina; Orlando, Florida, and San Antonio, Texas.<\/p>\n

Oregon lawmakers, in 2025, approved<\/a> an $800 million state bond package to fund a potential MLB stadium in Portland. The bonds are explicitly designed to not tap into general taxpayer funds.<\/p>\n

Portland’s proposed $1.8 billion stadium is targeted for the Zidell Yards site on its south waterfront.<\/p>\n

Supporters of the Sacramento Pitch<\/a> stadium called the city “the largest underserved major league sports market in the country.”<\/p>\n

It is the largest U.S. market with only one permanent Big 5 professional team, the National Basketball Association’s Sacramento Kings, supporters said during a press briefing. The Pacific Coast League’s Sacramento River Cats have been based in the city since 2000 and have led the minor leagues in attendance 10 times in that span, they said.<\/p>\n

The region is also temporarily hosting the MLB’s Athletics franchise until a permanent stadium in Las Vegas is ready for them in 2028.<\/p>\n

The Sacramento campaign is anchored by a fully entitled 50-acre downtown site in West Sacramento that is designed to support a modern ballpark and mixed-use development. The site is controlled by the initiative’s leadership.<\/p>\n

Supporters of Sacramento’s expansion team have sourced nearly $2 billion in public-private funding, including $800 million in land and private investment and $1 billion in expected investment from the city of West Sacramento through a combination of tax increment financing, existing hotel taxes and additional sources.<\/p>\n

The city’s investment would be generated from baseball park activity and isn’t expected to impact the city’s general fund or require a taxpayer vote. Over 40 years, the ballpark district is projected to bring in an estimated $1.77 billion in new tax revenue, of which $1 billion will be reinvested into the ballpark district and $770 million directed toward supporting schools, the county and other special districts.<\/p>\n

“This is a defining moment for West Sacramento, and we’re ready,” said Mayor Martha Guerrero.<\/p>\n

The West Sacramento mayor said the region offers “a practical and achievable path for long-term MLB success, and we have the financial capacity, community support and clear vision needed to bring Major League Baseball permanently to West Sacramento.”<\/p>\n

The greater Sacramento region has a population of nearly 2.7 million and 4.1 million people live within 50 miles of the proposed baseball stadium. The city has grown roughly 10% over the past decade, faster than both California and the nation overall, supporters said.<\/p>\n","protected":false},"excerpt":{"rendered":"Sacramento Pitch supporters unveiled a rendering of a 50-acre project in the hope of beating several cities vying…\n","protected":false},"author":2,"featured_media":337934,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[7,8076,49704,13877,139418,121,123,122],"class_list":["post-337933","post","type-post","status-publish","format-standard","has-post-thumbnail","category-sacramento","tag-california","tag-infrastructure","tag-politics-and-policy","tag-public-finance","tag-public-private-partnership","tag-sacramento","tag-sacramento-headlines","tag-sacramento-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/337933","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=337933"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/337933\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/337934"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=337933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=337933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=337933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}