"The WooSox may have hit a home run with huge attendance numbers at their new home in Worcester, but a study says the city has whiffed when it comes to shelling out public dollars to fund the team’s new stadium.The Red Sox Triple-A farm team moved from Pawtucket, Rhode Island, to Worcester in 2021, setting up shop in Polar Park, a new $160 million stadium owned and largely paid for by the city of Worcester.Last season, the team’s second year in Worcester, the Worcester Red Sox drew more than 500,000 fans, second among all 120 minor league teams in the country. And the WooSox arrival has unquestionably contributed to the upbeat buzz about the state’s second-largest city.But Robert Baumann, an economics professor at College of the Holy Cross, says the stadium still adds up to be a loser for the city’s finances. In a new paper, Baumann and co-author J.C. Bradbury, an economist at Kennesaw State University, conclude that Polar Park will cost the city $40 to $60 million over 30 years."
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|CommonWealth Magazine: "New study calls WooSox stadium a bad deal for Worcester"|