Isotopes pay their rent to the city | KOB 4
Advertisement

Isotopes pay their rent to the city

J.R. Oppenheim and Kassi Nelson
April 09, 2018 06:56 PM

ALBUQUERQUE, N.M. -- The Albuquerque Isotopes gave Mayor Tim Keller a $1.5 million check Monday for its basic rent and surcharge amounts at Isotopes Park.

Advertisement

The Triple-A baseball team has paid the city an average of $1.7 million over a 15-year span, totally $26.6 million. The city-owned ball field cost about $25 million to build in 2003.

The Isotopes' check presentation has become a yearly tradition.

"In addition to that tangible value of family and sports and being outside and enjoying our town, we also really appreciate the check," Keller said. "So this works out great,"

The Isotopes pay $750,000 a year for rent, then more money comes from a surcharge on tickets. It's used to keep the stadium in good shape, and some may even go into the general budget.

"When you look around and say, 'OK, this city is now going into its 16th year,' the fact is most people would walk into this facility from out of town and think it's no more than five years old," Isotopes President Ken Young said.

Here's a look at the payment schedule over the past 13 years.

2003

$2,002,000.00

2004

$2,009,000.00

2005

$2,019,151.84

2006

$2,012,876.02

2007

$2,042,429.09

2008

$1,977,172.24

2009

$1,906,000.00

2010

$1,903,435.71

2011

$1,764,719.19

2012

$1,624,059.87

2013

$1,521,967.02

2014

$1,577,673.97

2015

$1,371,412.73

2016

$1,309,577.66

2017

$1,550,880.41

Total

$26,592,355.75

Average

$1,772,823.72

When it comes to driving the local economy, the park hits a home run. Between food services and team personnel, more than 300 people work at Isotopes Park.

"Then if you take into account -- they call it the multiplier effect of our payrolls -- and everything else that's spent in this area and all those people spending money, it's in over the 15 years in the hundreds of millions of dollars," Young said.

The home opener starts Tuesday at 6:35 p.m. The Isotopes will take on the Las Vegas 51s.

Credits

J.R. Oppenheim and Kassi Nelson

Copyright 2019 KOB-TV LLC, a Hubbard Broadcasting Company. All rights reserved

Advertisement
Comment on Facebook

Share 4 - News Tips - Photos - Videos
  Share a News Tip, Story Idea, Photo, Video



Advertisement

Relay Media Amp

Advertisement

Advertisement


Gun measures expected to be debated during legislative session

2 killed in crash south of Belen

Request for restraining order filed against former Lobo basketball player

Capital High School student dies in single-vehicle crash

NMSP: Man arrested for fatal wrong-way crash on Unser