The estimated cost of a minor-league baseball stadium in Knoxville that primarily will be taxpayer-funded has gone up $15 million to $90 million, according to estimates released this week.
The stadium will be the home to the Tennessee Smokies baseball team and a professional soccer team. The Smokies are owned by Randy Boyd, president of the University of Tennessee System.
A member of the Senate State and Local Government Committee is an attorney with a law firm that could benefit from the passage of the legislation enabling Randy Boyd’s taxpayer-funded baseball stadium in Knoxville.
Democrat Sen. Jeff Yarbro of Nashville sits on the Senate State and Local Government Committee, the first stop for SB 0783.
Five of the eight sponsors of the bill that will enable a taxpayer-funded stadium for Randy Boyd’s minor league baseball stadium in Knoxville received a total of more than $90,000 in campaign contributions from several individuals who are involved with the proposed project.
All but one of the legislators are from the Knoxville area and all but one are Republicans while three are freshmen.
The establishment of a sports authority that is the first step to a taxpayer-funded stadium for the Tennessee Smokies minor league baseball team owned by multi-millionaire Randy Boyd will be considered by the Knox County Commission at the regularly scheduled work session scheduled for Monday, December 14.
The application for the establishment of The Sports Authority of the County of Knox and the City of Knoxville was signed by Knox County Mayor Glenn Jacobs, City of Knoxville Mayor Indya Kincannon, County Commission Chair Larsen Jay, City Councilmember Gwen McKenzie, well-known local teacher and coach Tommy Schumpert and Dan Brown.