Return to Index Mission Statement Stadium Situation Articles about the Twins' quest for a new park Why the Twins need a new park Concerns about a new Twins park Thoughts about the Twins and the stadium issue Save the Twins poll Twins links Contact Webmaster Save the Minnesota Twins is dedicated to keeping baseball 
in Minnesota by helping the Twins build a new stadium.
home > articles > article

Twins consider stock offering for new ballpark
Associated Press

ST. PAUL, Minn. -- Minneapolis business leaders are test-marketing a stock offering they hope could fund a new ballpark for the Minnesota Twins

The boosters are hoping to raise at least $100 million through the sale of the stock to corporations, foundations and wealthy individuals. That would provide seed money for the ballpark.

Developed by consultants to the business group New Ballpark Inc., the stock likely would give investors part ownership of the stadium land. Some money from the offering would be used to build the stadium and some would be reinvested in hopes of making a 6 percent return for investors.

St. Paul residents rejected financing for a ballpark in 1999.