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Local News

Joliet seeks more financial information in stadium lease

The city is looking for more information about attendance and finances at Joliet Route 66 Stadium, as it negotiates a lease with the Slammers. The team manages the city-owned stadium.
The city is looking for more information about attendance and finances at Joliet Route 66 Stadium, as it negotiates a lease with the Slammers. The team manages the city-owned stadium.

Joliet is looking for more financial information from the Slammers in negotiations for a new stadium lease.

It would mark the first time the city would require financial information regarding revenues from concessions and other sales since opening the stadium in 2002.

The Slammers are operating on a one-year lease that expires Sept. 30. The team, which also manages the stadium, began pressing city officials publicly this week to negotiate a lease agreement, so it can prepare for next season.

City Manager David Hales would not comment on details of what the city might look for, other than to say the city may want more financial information about stadium operations.

“Currently, there is no sharing of financial information regularly,” Hales said.

He noted the city does not even have direct access to attendance information.

“We’re totally reliant on the Slammers in what they provide to the league,” he said.

The Slammers report attendance numbers to the Frontier League, which posts attendance for all teams on its website.

Attendance numbers factor into rent the team pays. But Joliet does not get any money from concessions, ticket sales, rentals and other stadium revenue.

Slammers attorney Michael Hansen said the team would draw a line at providing proprietary information about baseball operations. But he said the Slammers are willing to share information about stadium revenues with the city.

“If they want to know about non-baseball revenue that would be relevant to the stadium, that’s fine,” he said.

Hansen, who was CEO for the JackHammers, the first team to play at the city-owned stadium when it opened in 2002, said the inclusion of detailed financial information regarding stadium revenues would be a first.

The Slammers have been asking for a longer lease since the last one was signed in September. The team has proposed at least a five-year lease for the sake of making long-term plans.

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