Orlando Dreamers Seek $975 Million for MLB Stadium as Backers Pledge Over $2 Billion
Updated
Updated · Fox News · Aug 12
Orlando Dreamers Seek $975 Million for MLB Stadium as Backers Pledge Over $2 Billion
2 articles · Updated · Fox News · Aug 12
Summary
$975 million is the public funding the Orlando Dreamers requested for a proposed MLB stadium near SeaWorld, part of their push to land an expansion franchise in Orlando.
More than $2 billion in letters of intent is already lined up for stadium financing and team acquisition, while the group argues Orlando's 80 million annual tourists and status as the largest U.S. media market without MLB make the city viable.
A county task force did not recommend moving the stadium plan forward, which co-founder Jim Schnorf said was unsurprising given the election cycle and a 15-minute presentation window.
The bid still faces MLB approval and skepticism about a third Florida team, though the Dreamers say Orlando's rapid population growth and tourism-driven economy could support another franchise.