Gov. Tony Evers signs ballpark funding bill to help Milwaukee Brewers repair their stadium over the next three decades. Gov. Evers signed the bipartisan bill Tuesday at the American Family Field in Milwaukee. "This plan provides more than $500 million in public funding over the terms of the lease of this facility," Evers said. "This plan ensures that the Milwaukee Brewers will continue to call this city home for nearly 30 more years."The state is estimated to contribute roughly $360 million over the course of 27 years on taxes collected through player salaries. Milwaukee and Milwaukee County will contribute $135 million, and the package also includes an additional $110 million from the Brewers.The Brewers, for their part, will spend $110 million and extend their lease at the stadium through 2050, keeping Major League Baseball in its smallest market for another 27 years.WATCH: Gov. Tony Evers signs stadium funding bill to keep Brewers in Milwaukee Every non-game event at American Family Field will now include a $2 ticket tax that will increase to $3 in 2033 and $4 in 2042, as well as an $8 surcharge on suite tickets that increases to $9 in 2033 and $10 in 2042.Part of the plan includes winterizing American Family Field, a project estimated to cost about $25 million in an effort to host events year-round.According to the Brewers, the 22-year-old stadium needs extensive repairs. The team argues that the stadium’s glass outfield doors, seats and concourses should be replaced and that luxury suites and the video scoreboard need upgrades. The stadium’s signature retractable roof, fire suppression systems, parking lots, elevators and escalators need work as well. An analysis by the Legislative Fiscal Bureau estimates the tax will generate roughly $20.7 million through 2050 and will decrease the state's overall contributionInformation from the Associated Press was used in this report.
MILWAUKEE — Gov. Tony Evers signs ballpark funding bill to help Milwaukee Brewers repair their stadium over the next three decades.
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Gov. Evers signed the bipartisan bill Tuesday at the American Family Field in Milwaukee. "This plan provides more than $500 million in public funding over the terms of the lease of this facility," Evers said. "This plan ensures that the Milwaukee Brewers will continue to call this city home for nearly 30 more years."
This content is imported from Twitter.
You may be able to find the same content in another format, or you may be able to find more information, at their web site.
The state is estimated to contribute roughly $360 million over the course of 27 years on taxes collected through player salaries.
Milwaukee and Milwaukee County will contribute $135 million, and the package also includes an additional $110 million from the Brewers.
The Brewers, for their part, will spend $110 million and extend their lease at the stadium through 2050, keeping Major League Baseball in its smallest market for another 27 years.
WATCH: Gov. Tony Evers signs stadium funding bill to keep Brewers in Milwaukee
Every non-game event at American Family Field will now include a $2 ticket tax that will increase to $3 in 2033 and $4 in 2042, as well as an $8 surcharge on suite tickets that increases to $9 in 2033 and $10 in 2042.
Part of the plan includes winterizing American Family Field, a project estimated to cost about $25 million in an effort to host events year-round.
According to the Brewers, the 22-year-old stadium needs extensive repairs. The team argues that the stadium’s glass outfield doors, seats and concourses should be replaced and that luxury suites and the video scoreboard need upgrades. The stadium’s signature retractable roof, fire suppression systems, parking lots, elevators and escalators need work as well.
An analysis by the Legislative Fiscal Bureau estimates the tax will generate roughly $20.7 million through 2050 and will decrease the state's overall contribution
Information from the Associated Press was used in this report.