From Boisedev.com:
“It is absolutely the wrong project for that space,” he said. “We’ve got neighborhoods, the best parks, the best Greenbelt. The (neighborhood is) redeveloping privately. It doesn’t need a redevelopment process to do it.”
Michael was joined by several Boise community leaders – including former Idaho Stampede owner Bill Ilett. Ilett’s experience with the Stampede gives him a unique outlook on minor league sports projects. Ilett was the managing investor in the Stampede before selling it to the Utah Jazz – which ultimately moved the team to Salt Lake.
“Major league sports make money and has a huge economic impact,” he said. But on the other hand: “Minor league does not – whether it’s baseball or hockey or basketball – it’s a non-revenue producer. The owners of these teams do a public service to the community. The return on investment is zero.”