Portland is poised to be the future home of Major League Baseball. The facts are undeniable:
- Major League Baseball has decided to relocate one franchise and will quite possibly relocate a second.
- Portland is the largest metropolitan area in the nation without an MLB franchise and the largest with only one major professional sports franchise.
- Oregonians have demonstrated ample passion for Major League Baseball, documented by stunning TV ratings and an overwhelming response to the 2002 major league exhibition game at PGE Park.
While newly renovated PGE Park is poised to serve as an interim venue for the state’s new team, a new ballpark is the key to Oregon’s chances for acquiring an MLB franchise. The Oregon Legislature has approved a plan for financing up to $150 million of the new ballpark through team-generated income tax revenue, vaulting Oregon into position to be the home of Major League Baseball in the very near future. As the complete financing plan for the ballpark is finalized, both the Oregon Stadium Campaign and Oregon’s governmental entities share the philosophy that no financial resources shall be diverted from schools or any existing public services to fund a new ballpark. Only those public revenues that are generated as a result of Major League Baseball in Oregon will be dedicated toward the construction cost of a ballpark.
The Oregon Stadium Campaign is committed to attracting an MLB franchise in a manner that is embraced by both Oregonians and by Major League Baseball. Please view further details on the Portland market, Oregon’s passion for MLB, the proposed ballpark financing plan and anticipated economic impact.