Friday, March 2, 2012
Rox Future In Futures Collegiate League
BROCKTON--The Brockton 21st Century Corporation has released the terms of a deal that will continue baseball at Campanelli Stadium.
Executive Director Mary Waldron said in an email that final details of a lease with the new management company, Entertainment Management Complex, still need to be worked out, but the bulk of a one-year contract, that could extend 4, 5 or 10 years, depending on the new company’s success, have been finalized.
“There is still a lot of work that needs to be done, but at least they can start selling
tickets,” Waldron said in the email.
The new contract allows Entertainment Management, headed by Rox CEO Chris Carminucci, to join the Futures Collegiate League, a one-year-old enterprise that spotlights top college baseball players who have the real potential to make it to the big leagues.
In past interviews, Carminucci likened the Futures League to the popular and successful Cape Cod League. Brockton is the 9th team to join the Futures League.
The move ends the Rox association with the professional Can-Am League.
Highlights of the new contract include:
*$125,000 rent. First payment due in July. The amount is down from $275,000;
*$100,000 already paid Feb. 29 in back expenses owed the city;
*No less than $30,000 be spent on marketing and advertising stadium activities and the Shaw’s Center.
There are also numerous naming rights and profit sharing clauses, but readers can see for themselves.
Here's the latest version of the contract:
CLICK HERE FOR MORE...