Summary
The city and redevelopment agency negotiated a new term sheet with Nevada Land LLC to secure minor-league baseball in downtown Reno through 2049. The deal requires $40 million in private capital investments, transfers stadium title to the developer, and removes the city's general fund from backup payment obligations.
At a glance
- Total mentions
- 3
- Last 30 days
- 0
Last discussed Sep 1, 2026.
Impact analysis
The agreement maintains an annual $1 million payment obligation through 2043, funded entirely by redevelopment agency revenues while removing general fund backing.
Downtown Reno businesses, local residents, and fans of minor-league baseball benefit from guaranteed downtown activation and capital investments.
Taxpayers concerned about public subsidies for professional sports facilities.
Mentions & discussions (3)
Washoe County Stadium Authority Regular Meeting - Sep 1, 2026
The board reviewed Washoe County's annual stadium payment and fund transfer totaling $60,238.45 for ongoing improvements and maintenance at Greater Nevada Field.
Redevelopment Agency Board Meeting - Jan 28, 2026
The city approved a renegotiated term sheet for Greater Nevada Field that keeps the Reno Aces downtown through 2049, shifts $40 million in capital improvements to team ownership, and removes future financial obligations from the city's general fund.
Redevelopment Agency Advisory Board Meeting - Jan 26, 2026
The city and redevelopment agency negotiated a new term sheet with Nevada Land LLC to secure minor-league baseball in downtown Reno through 2049. The deal requires $40 million in private capital investments, transfers stadium title to the developer, and removes the city's general fund from backup payment obligations.
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