PHOENIX (AZFamily) — Generations of Arizonans will get to cheer on the Diamondbacks as the team is set to stay in the Valley for the next several decades.
Gov. Katie Hobbs signed House Bill 2704 on top of the home dugout, as players were warming up on the field just before first pitch of Wednesday afternoon’s game. Diamondbacks President and CEO Derrick Hall and bill sponsor GOP Rep. Jeff Weninger also joined the governor for the historic signing.
The ballpark, built in 1996, is one of the oldest stadiums still in use in Major League Baseball. Gov. Hobbs highlighted some issues Chase Field has seen in recent years.
“Throughout all of the unforgettable moments and the history made here, Chase Field has largely gone unchanged, never once undergoing major renovation. We have a 27-year-old HVAC system that at times has struggled to keep fans cool. Rainstorms that led to flooding and stadium evacuations, and Arizonans deserve better than this,” Gov. Hobbs said. “Fans have routinely shown up for this city, this state, and it’s time we show up for them.”
On Wednesday, Gov. Katie Hobbs signed House Bill 2704, funding renovations for Chase Field and securing downtown Phoenix as the Diamondbacks’ home.(Arizona’s Family)
In June, Gov. Hobbs signed the partnership that decided the future of the Diamondbacks. The bill allocates up to $500 million in sales tax to help fund renovations for Chase Field. Under the bill, the team secures its home in downtown Phoenix for another 30 years.
Lawmakers say all money will come from taxes paid on items bought at the ballpark, and select team employees will also fund the repairs. While the Diamondbacks initially said that the team would fund at least $250 million towards renovations, Hall shared that the organization is planning to put aside more money.
“We’ve been looking for a solution for easily over seven years, a long-term solution here for Chase Field to find a way to fund all the necessary renovations and maintenance, and we’re now there,” Hall said. “It was a way to bring in that steady flow, along with our money, the team money. We’ve already put over $200 million into this facility. We’re committed to putting in at least another $250 million.”
Since the ballpark’s opening, Gov. Hobbs says the stadium has generated $5.4 billion in revenue for Arizona.
Earlier this year, the bill was passed in the House and Senate following months of negotiations.
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