The Atlanta Braves organization has come to terms with the City of Wilmington, North Carolina on a deal for a new $37 million minor league stadium. The stadium would have a capacity of 6,200 people and host the new Wilmington Braves.
The Braves would purchase their high Class-A affiliate, the Lynchburg Hillcats, and move the team to Wilmington and into the brand new stadium. SB Nation's Braves blog, Talking Chop, thinks the deal is far from done and that the Braves and City will face hurdles:
Talking Chop has been following this story since the beginning, and while there are many in favor of this deal, it will still face a difficult challenge on the ballot, and (I suspect) some fierce opposition from anti-tax groups among others. The stadium would be paid for with a 2.5-cent property tax increase.
The plan agreed to this week will be put on the ballot in November, calling for the City to spend a maximum of $31 million on the stadium and $6 million on the land.
For more on the Braves and their new minor-league affiliate, visit Talking Chop.