logo
St. Petersburg to spend $22.5M to fix hurricane-damaged Tropicana Field roof. Will the Rays return in 2026?

St. Petersburg to spend $22.5M to fix hurricane-damaged Tropicana Field roof. Will the Rays return in 2026?

Chicago Tribune03-04-2025

ST. PETERSBURG, Fla. — The once and possibly future home of the Tampa Bay Rays will get a new roof to replace the one shredded by Hurricane Milton with the goal of having the ballpark ready for the 2026 season, city officials decided in a vote Thursday.
The St. Petersburg City Council voted 7-1 to approve $22.5 million to begin the repairs at Tropicana Field, which will start with a membrane roof that must be in place before other work can continue. Although the Rays pulled out of a planned $1.3 billion new stadium deal, the city is still contractually obligated to fix the Trop.
'We are legally bound by an agreement. The agreement requires us to fix the stadium,' said council member Lissett Hanewicz, who is an attorney. 'We need to go forward with the roof repair so we can do the other repairs.'
The hurricane damage forced the Rays to play home games this season at Steinbrenner Field across the bay in Tampa, the spring training home of the New York Yankees. The Rays went 4-2 on their first homestand ever at an open-air ballpark, which seats around 11,000 fans.
Under the current agreement with the city, the Rays owe three more seasons at the Trop once it's ready again for baseball, through 2028. It's unclear if the Rays will maintain a long-term commitment to the city or look to Tampa or someplace else for a new stadium. Major League Baseball has said keeping the team in the Tampa Bay region is a priority. The Rays had played at the Trop since their inception in 1998.
The team said it would have a statement on the vote later Thursday.
The overall cost of Tropicana Field repairs is estimated at $56 million, said city architect Raul Quintana. After the roof, the work includes fixing the playing surface, ensuring audio and visual electronics are working, installing flooring and drywall, getting concession stands running and other issues.
'This is a very complex project. We feel like we're in a good place,' Quintana said at the council meeting Thursday.
Under the proposed timeline, the roof installation will take about 10 months. The unique membrane system is fabricated in Germany and assembled in China, Quintana said, adding that officials are examining how President Donald Trump's new tariffs might affect the cost.
The new roof, he added, will be able to withstand hurricane winds as high as 165 mph. Hurricane Milton, one of the strongest hurricanes ever in the Atlantic basin at one point, blasted ashore Oct. 9 south of Tampa Bay with Category 3 winds of about 125 mph.
Citing mounting costs, the Rays last month pulled out of a deal with the city and Pinellas County for a new $1.3 billion ballpark to be built near the Trop site. That was part of a broader $6.5 billion project known as the Historic Gas Plant district to bring housing, retail and restaurants, arts and a Black history museum to a once-thriving Black neighborhood razed for the original stadium.
The city council plans to vote on additional Trop repair costs over the next few months.
'This is our contractual obligation. I don't like it more than anybody else. I'd much rather be spending that money on hurricane recovery and helping residents in the most affected neighborhoods,' said council member Brandi Gabbard. 'These are the cards that we're dealt.'

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Buying a new car? Why picking yellow, orange and green will help your car retain its value
Buying a new car? Why picking yellow, orange and green will help your car retain its value

Yahoo

time2 hours ago

  • Yahoo

Buying a new car? Why picking yellow, orange and green will help your car retain its value

Vehicles that experience high rates of depreciation after a few years aren't great for new car buyers, but they can be great for used car buyers. In fact, researching vehicles with high depreciation rates can be a good way to find a deal on a used car. On the other hand, some drivers may avoid vehicles that rapidly depreciate to retain some trade-in value or sell their cars later on. Some car colors have worse depreciation rates than others, according to a study conducted by an automotive search engine and research website. Gold: 34.4% three-year depreciation White: 32.1% three-year depreciation Black: 31.9% three-year depreciation Most vehicles tend to depreciate the second they roll off of dealer lots, but the rates of depreciation listed above are beyond average rates. So, if you're in the market for a new vehicle, you may not want to buy it in gold. Paying extra money for a gold color model could prove to be even more costly. Thankfully, there are plenty of car colors with below-average rates of depreciation. Yellow: 24.0% three-year depreciation Orange: 24.4% three-year depreciation Green: 26.3% three-year depreciation "Yellow cars hold their value the best" according to the study results. So if you're looking for a new vehicle, this may be a color to consider for value retention. If you're hunting for a used vehicle deal, avoiding this color could save you some money because of the lower depreciation rate. The overall average three-year depreciation rate of the colors included in the study was 31%. Finding a good deal on a used car can be difficult, but refining your search by including vehicles with high depreciation rates can save drivers thousands of dollars. Vehicles with high rates of depreciation after just a few years can have low mileage and much lower prices than their original MSRP. One example of a vehicle with a high depreciation rate is the 2023 Dodge Hornet. The 2023 model year is the first of its production history. Just a few years after its initial release, the Hornet has depreciated by over 31%. The 2023 Hornet has an original MSRP of $31,590. It now has a fair purchase price of $20,154 according to Kelley Blue Book. That's a value decrease of a whopping $11,436, making it a steal for interested parties as a used model. Another great example of vehicle depreciation is the 2022 Nissan Leaf. The 2022 Leaf has an original MSRP of $27,400 and a Kelley Blue Book fair purchase price of just $14,258. That's a depreciation rate of around 47%. Car buyers can save big bucks on a Nissan Leaf by purchasing a used model that has depreciated severely over the last few years. There's no surefire way to avoid car depreciation entirely, but proper maintenance and upkeep can help drivers retain as much of their vehicle's value as possible. Regular maintenance Interior cleaning Exterior protection According to State Farm, there are several ways car owners can minimize depreciation. Ultimately, proper car care can equate to less depreciation in the long run and a higher resale value, so take those oil changes seriously. The more presentable your car is, the easier it is to get a fair purchase price or trade-in value later on. This article originally appeared on Nashville Tennessean: What car colors are best to buy? These will retain your car's value Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Steph Curry's Thirty Ink Generates $174 Million In 2024, 'It's About Creating True Representation And Opportunity From A Grassroots Level'
Steph Curry's Thirty Ink Generates $174 Million In 2024, 'It's About Creating True Representation And Opportunity From A Grassroots Level'

Yahoo

time3 hours ago

  • Yahoo

Steph Curry's Thirty Ink Generates $174 Million In 2024, 'It's About Creating True Representation And Opportunity From A Grassroots Level'

Steph Curry's house-of-brands conglomerate Thirty Ink generated $173.5 million in revenue in 2024, the company told CNBC on Wednesday. Thirty Ink owns Unanimous Media, Gentleman's Cut bourbon, and Underrated Golf and Basketball. However, the highest percentage of the company's revenue comes from Curry's partnership with Under Armour (NYSE:UAA, UA)). There, the NBA star is president of Curry Brand, a basketball and golf footwear and apparel line. As a part of the 2023 deal with the sportswear company, Curry was given 8.8 million common shares, which were valued at $75 million at the time. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Maximize saving for your retirement and cut down on taxes: . The company said that while it incurs annual expenses for using Curry's name, image, and likeness, it doesn't rack up traditional bottom-line operational costs, which allows for its exorbitant earnings. Thirty Ink's secretary chair, Suresh Singh, told CNBC that every brand under the company's umbrella is profitable. "It's completely unique. One of the big things, I believe, is that there's a lot of athlete- and celebrity-driven partnerships and businesses that aren't necessarily focused on profit, aren't necessarily focused on mission. We do both," he said. "Obviously, from a national perspective, a lot of the narrative is trying to peel back programs and opportunities that are programs and resources that are allowing people to have just a fair shot and a fair chance," Curry said in an interview with CNBC. "Everything that we do and what I can control is about true equity. If you look at all of our businesses — our DEI writers for Unanimous, or even looking at something like the Underrated brand — it's about creating true representation and opportunity from a grassroots level." Trending: Wall Street's Missing This AI Surgical Tech — You Don't Have To. "All that stuff is important to me. I want to actually walk the walk and live it. And hopefully that's an example for how our country should," he told CNBC. Thirty Ink's mission is to "elevate the under" according to its website, a goal that manifests differently for every brand. Unanimous Media co-founder and co-CEO Eric Peyton told CNBC that it looks like hiring diverse writers to create projects about family, faith and sports. "[Curry's] vision is to inspire through media," he said. It's really a feeling when you watch our projects, hopefully you're a little bit happier, you know, maybe it makes you feel a little bit better." Unanimous Media is currently four years into a first-look deal with Comcast's (NASDAQ:CMCSA) NBC Universal unit. Next year, it will release its first full-length feature film, "GOAT," with Sony Pictures Animation. With Gentlemen's Cut and Underrated Golf and Basketball, that mission expresses itself as a commitment to DEI. Gentlemen's Cut was in talks with a buyer who wanted to feature Black-owned businesses, in 2024. The Trump administration's crackdown on DEI squashed the deal, but it would have valued the business between $120 million and $200 million, a source told CNBC. Underrated Golf, according to the company's website, is specifically designed to give Black children an opportunity to participate in a sport that hasn't historically catered to them. Read Next: Invest where it hurts — and help millions heal:. Here's what Americans think you need to be considered wealthy. Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? COMCAST (CMCSA): Free Stock Analysis Report This article Steph Curry's Thirty Ink Generates $174 Million In 2024, 'It's About Creating True Representation And Opportunity From A Grassroots Level' originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

Algonquin Power & Utilities Corp. Names Noel Black Chief Regulatory and External Affairs Officer
Algonquin Power & Utilities Corp. Names Noel Black Chief Regulatory and External Affairs Officer

Business Wire

time4 hours ago

  • Business Wire

Algonquin Power & Utilities Corp. Names Noel Black Chief Regulatory and External Affairs Officer

OAKVILLE, Ontario--(BUSINESS WIRE)--Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) ('AQN', 'Algonquin' or the 'Company') today announced the appointment of Noel Black as Chief Regulatory and External Affairs Officer, effective June 30. In this newly created role, Mr. Black will lead the Company's regulatory strategy, government and stakeholder relations, and external communications functions. Reporting directly to the Chief Executive Officer, he will drive enterprise strategy and alignment, working closely with regulatory commissions, policymakers, community leaders, and other external stakeholders, to advance Algonquin's pure-play utility objectives. 'Noel brings a rare combination of regulatory fluency, public affairs acumen, and deep stakeholder engagement experience,' said Rod West, Chief Executive Officer of AQN. 'This appointment reflects our commitment to align our stakeholders around Algonquin's customer-first pure-play utility value proposition. Noel has built a distinguished career leading regulatory strategy, customer engagement, and utilities operations, and his expertise will help us better align our services with the needs of our customers, communities, and regulators. Noel's collaborative approach and proven track record of delivering constructive regulatory outcomes will be instrumental as we advance our 'Back to Basics' customer-centric plan—seeking to deliver safe, reliable, and affordable energy and water, while creating customer value and driving performance, innovation, and trust across our four key stakeholder groups.' Mr. Black's experience spans over three decades at Southern Company (NYSE:SO), one of the largest U.S. utilities serving over nine million customers, where he most recently served as Senior Vice President of Federal Regulatory Affairs. Throughout his career at Southern Company and its affiliates, Mr. Black served in a wide range of leadership roles across regulatory policy, governmental affairs, and strategic planning, successfully navigating complex regulatory matters at the federal and state levels, driving forward-looking retail strategies, and building trusted relationships with policymakers, communities, and customers. His deep expertise will directly support the work of AQN's operating utilities. About Algonquin Power & Utilities Corp. and Liberty Algonquin Power & Utilities Corp., parent company of Liberty, is a diversified international generation, transmission, and distribution utility. AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. AQN's common shares, preferred shares, Series A, and preferred shares, Series D are listed on the Toronto Stock Exchange under the symbols AQN, and respectively. AQN's common shares and Series 2019-A subordinated notes are listed on the New York Stock Exchange under the symbols AQN and AQNB, respectively. Visit AQN at and follow us on @AQN_Utilities. Caution Regarding Forward-Looking Information Certain statements included in this news release constitute ''forward-looking information'' within the meaning of applicable securities laws in each of the provinces and territories of Canada and the respective policies, regulations and rules under such laws and ''forward-looking statements'' within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (collectively, ''forward-looking statements'). The words 'will', 'expects', 'plans", and 'seeks' (and grammatical variations of such terms) and similar expressions are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Specific forward-looking statements in this news release include, but are not limited to, statements regarding the expected impact and outcomes of Noel Black's hiring as Chief Regulatory and External Affairs Officer and the Company's 'Back to Basics' customer-centric plan. These statements are based on factors or assumptions that were applied in drawing a conclusion or making a forecast or projection, including assumptions based on historical trends, current conditions and expected future developments. Since forward-looking statements relate to future events and conditions, by their very nature they require making assumptions and involve inherent risks and uncertainties. AQN cautions that although it is believed that the assumptions are reasonable in the circumstances, these risks and uncertainties give rise to the possibility that actual results may differ materially from the expectations set out in the forward-looking statements. Forward-looking statements contained herein are provided for the purposes of assisting in understanding the Company and its business, operations, risks, financial performance, financial position and/or cash flows as at and for the periods indicated and to present information about management's current expectations and plans relating to the future and such information may not be appropriate for other purposes. Material risk factors and assumptions include those set out in AQN's annual information form and annual management discussion & analysis, each for the year ended December 31, 2024, and management discussion & analysis for the three months ended March 31, 2025, each of which is or will be available on SEDAR+ and EDGAR. Given these risks, undue reliance should not be placed on these forward-looking statements, which apply only as of their dates. Other than as specifically required by law, AQN undertakes no obligation to update any forward-looking statements to reflect new information, subsequent or otherwise.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store