The Biz Blog has been on hiatus of late but will be regularly updated once again. So please send any interesting news or promotions to me at businessblog@baseballamerica.com.

Atlanta Braves executive vice president of business operations Mike Plant this morning expressed his disappointment in the slow pace of securing a new stadium in Richmond and said the organization will only sign a one-year lease to play at the antiquated Diamond when the current one expires at the end of this season.

Earlier this summer, Plant was enthusiastic over a seemingly impending deal—one that he figured would be announced by the end of the summer. But the failure to secure a developer and Richmond’s inability to settle on a location in the entertainment district near the team’s current location has frustrated the organization.

“We’ve had a number of discussions and the focus is still on, with the mayor leading the charge with the business community,” Plant said. “We’re still looking at an entertainment district location in and around where we play now . . . I’m a little disappointed with the timing, that we started this process last November and that it has taken a little longer than we thought.” [...] Continue Reading »