Baltimore’s Camden Yards opened to almost universal praise in 1992. The success of the park and its broad appeal spurred the development of new stadiums throughout baseball. Since the construction of Camden Yards, 21 of the league’s 30 franchises have received new stadiums, while eight others have undergone renovations (sorry, Tampa Bay). In Cleveland, they’ve seen both occur.
Averaging roughly one new stadium per year has been great for business, as attendance has gone up across the league and the old unsightly multipurpose stadiums have been retired. It would be reasonable to think, however, that such a boom in stadium construction would naturally result in an equally steep decline. There are, of course, only so many clubs for which to build new park. Reason isn’t always at play in such cases, however. Both the Braves’ relocation to a new home next year — and a recent announcement by the Rangers that they plan to build a new air-conditioned ballpark just 20-some years after debuting the old one — should solidify that notion for us. As long as they create profits for ownership, stadium building, renovations, and fights for public money will never end.
Baseball is a business, and franchise owners acts as corporate heads looking to extract money and increase profits wherever they can. Getting the public to fund a stadium is a very big part of that and most owners have been incredibly successful in this regard. Of all the news stadiums built in this era, only the San Francisco Giants privately funded their stadium, with the St. Louis Cardinals representing the only other club to account for a significant portion of their stadium’s expense. In most cases, we’ve seen public fights, with threats to relocate elsewhere — sometimes to another city and sometimes just to a neighboring suburb. We’ve seen this play out recently in the case of both the Braves and the Rangers — and, despite all of the new stadiums, we’re not done seeing it.