'We may run out of time': D-backs still seeking deal to fund Chase Field renovation
With the Diamondbacks’ lease at Chase Field expiring in 2027, the team is still seeking a deal to fund the stadium’s renovation. Diamondbacks Managing General Partner Ken Kendrick as well as president and CEO Derrick Hall spoke to reporters on Monday before the team’s workout.
Hall last addressed the issue in February of 2023. At that time, Hall said the issue with Chase Field needed to be resolved by mid-summer.
This timeframe came and went.
The Diamondbacks are looking to invest between $400 million and $500 million in stadium renovations. In Monday’s press conference, Kendrick expressed his displeasure over his organization’s inability to secure the necessary public funding.
“We may run out of time in Phoenix,” Kendrick said in the presser. “We hope that won’t happen.”
In the same press conference, Kendrick downplayed any possibility of a new stadium being constructed due to the need for climate control. However, Kendrick said, with $500 million in renovations still needed, potential relocation of the team may be necessary. Conversations regarding relocation have not started taking place.
