The first LEED Platinum certified building is in danger of an imminent collapse.

The Portland Diamond Project wants tobring pro baseball to Portland—but will it get the love and money needed to survive? by Abe Asher

The Portland Diamond Project has been working to bring a Major League Baseball team to the Rose City for the better part of six years—taking meetings, selling merchandise, and, most importantly, trying to secure a site to build a new stadium. 

Now, however, things may be changing. In September, the group announced it had signed a letter of intent to purchase Zidell Yards—a 33-acre former shipyard that has long sat vacant on the South Waterfront. 

It is, in a number of ways, an ideal site. Zidell Yards is relatively centrally located, has strong transit connections to the rest of the city and beyond, and could become the nexus of a larger redevelopment of the south end of the city center. 

In a press release announcing the letter of intent, Mayor Ted Wheeler said he believes the project is moving in the right direction. 

“This is a big moment for Portland,” Wheeler said. “This is a tremendous opportunity to shape our waterfront, create new economic opportunities, and build a vibrant and sustainable neighborhood.”

It’s not just Wheeler who is optimistic—the outgoing Portland City Council voted unanimously in favor of a resolution supporting the Portland Diamond Project’s efforts to land a team. Wheeler said the resolution signaled the city is “ready to make commitments.”

Per its agreement with ZRZ Real Estate, a Zidell family business, Portland Diamond Project now has 42 months to complete its purchase of the property. That likely means it has just three-and-a-half years to convince Major League Baseball that it should expand to Portland—and, in tandem, to convince Portland that it needs an MLB team. 

For baseball fans in Portland, it’s an easy sell. But for Portlanders wondering how the project may affect the city as a whole, it may be more complicated. Part of the reason why is that—Wheeler’s optimistic vision notwithstanding—professional sports teams rarely have the kind of impact we imagine. 

“The basic story here is the economic impact of professional sports—or big events, like the Olympics—tend to be pretty small,” said Victor Matheson, a professor of economics at The College of the Holy Cross. “Which isn’t a problem, unless you’re talking about major public investment.”

In the past, the push to bring baseball to Portland has included significant public investment. In 2002, when the city was attempting to lure the relocating Montreal Expos to the northwest, the state legislature passed a bill to allocate $150 million to stadium construction—which was, at the time, estimated to be nearly half of the total construction cost. 

But that money was never used—the Expos moved to Washington, D.C.—and it’s unclear at this point how much public financing the Portland baseball group might seek. While Portland Diamond Project officials declined a request for an interview for this story, the group’s founder and president Craig Cheek wrote in an email to the Mercury that the group hopes to update the public on the state of the project soon. 

For sports economists like Matheson, the question of whether it’s worth supporting the movement to bring an MLB team to Portland rests almost entirely on how much public money is involved. 

“I’m fully in favor of Major League Baseball coming to Portland, while being simultaneously fully opposed to any sort of significant public funding for the sort of stadium infrastructure you’d need to host a Major League Baseball team,” Matheson said. “That pretty much sums up the basic opinion of any economist who has looked at the economic impact of sports in general.”

There are a number of reasons why sports don’t have the kind of economic impact their boosters and allied politicians often predict they’ll have. 

For one, much of the money spent in and around sports venues comes as part of what economists call the substitution effect: it’s not additional money that is being spent at a stadium, but rather money that would otherwise be spent elsewhere in the city. 

In Portland, that could mean that some of the people currently spending money at Providence Park or the Moda Center, or at concerts or restaurants, might spend that money at a baseball stadium instead. Baseball’s effect on the city’s broader economic landscape, in that scenario, would be negligible. 

“Sports are pretty good at shifting around money, they’re just not great at increasing total economic activity,” Matheson said. 

Another issue with professional sports is that often a significant amount of the money spent on teams doesn’t stay in the city it’s spent in. Money spent on player salaries, for instance, may end up leaving Portland. 

Taken as a whole, the economic data cuts against several elements of the Portland Diamond Project’s vision—including pledges to “create good jobs and new economic opportunities” and “provide a catalyst for workforce housing around the ballpark.”

Of course, the impact of sports on a city cannot be fully measured in terms of their direct economic impact. Sports are also wellsprings of feeling, helping to create bonds between people and contributing to a city’s quality of life. 

Economists, undaunted, have also attempted to measure the affective value of professional sports teams by asking people what dollar value they place on having a team in their town. Those studies have generally found that while the “quality of life” value of teams to residents is worth tens of millions of dollars, it’s still often worth less than the amount those teams are subsidized. 

The question of subsidies for professional sports teams is made even more complicated by the fact that Major League Baseball owners are necessarily incredibly wealthy and that the league is an incredibly lucrative operation—raking in more than $11 billion in revenue last year. 

Now, with the league reportedly considering expansion to 32 teams, Portland could potentially help it extend that record number further. Though the city has popular basketball and soccer teams, it remains one of the largest metro areas in the country with teams in just one of the traditional big four sports leagues—the NFL, MLB, NBA, and NHL.

A team in Portland would also be a natural rival of the Seattle Mariners, who long ago proved the viability of baseball in the Northwest. Matheson said he thinks baseball would succeed in Portland, even if the on-field odds would be stacked against what would be a small market team in a league with effectively no salary cap restrictions. 

Jules Boykoff, a professor of political science at Pacific University, said Portlanders should have an opportunity to weigh in directly on whether they want to see MLB in their city. 

“I think there’d be one surefire way of finding out, which would be to have a public referendum — especially if the owners, who are wealthy… wish to have any public money put towards the project,” Boykoff said. “I think it would be job number one to make sure that it arrives on the ballot.”

Boykoff said he’d be happy to see baseball in the city, but that, unlike social goods like housing, it cannot be construed as something Portland needs.

“Portland needs Major League Baseball much less than Major League Baseball needs Portland,” Boykoff said. “I think Portland’s reputation is doing just fine without a baseball team.”

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Host Jon Stewart of Comedy Central's "The Daily Show with Jon Stewart" watches a video while taping "The Daily Show with Jon Stewart: Restoring Honor & Dignity to the White House" at the McNally Smith College of Music Sept. 5, 2008 in St. Paul, Minnesota.; Credit: Ethan Miller/Getty Images for Comedy Central

Host Jon Stewart announced at Tuesday's "The Daily Show" taping that he is leaving the show.

Comedy Central confirmed the news in a statement, saying that Stewart will be leaving later this year:

"For the better part of the last two decades, we have had the incredible honor and privilege of working with Jon Stewart. His comedic brilliance is second to none. Jon has been at the heart of Comedy Central, championing and nurturing the best talent in the industry, in front of and behind the camera. Through his unique voice and vision, ‘The Daily Show’ has become a cultural touchstone for millions of fans and an unparalleled platform for political comedy that will endure for years to come. Jon will remain at the helm of ‘The Daily Show’ until later this year. He is a comic genius, generous with his time and talent, and will always be a part of the Comedy Central family."

The news comes less than two months after Stephen Colbert brought "The Colbert Report" to an end in order to prepare for hosting CBS's "Late Show," replacing David Letterman after he leaves later this year.

"The Daily Show" existed before Jon Stewart, hosted from 1996 until 1998 by Craig Kilborn, but Stewart took the show into a bolder political direction and made it a cultural landmark, becoming the go-to news source for numerous young people. Polls started to show Jon Stewart as being one of the most trusted newsmen in America.

It's just over three weeks after Comedy Central launched "The Nightly Show" with Larry Wilmore and details have yet to be announced about the future of Comedy Central's late night lineup.

The show has created hosts for other networks, with Colbert leaving for CBS after getting his start as a "Daily Show" correspondent and John Oliver, who served as a fill-in host while Stewart shot the film "Rosewater," left for his own weekly rundown of the news "Last Week Tonight" at HBO. The show's starmaking power also includes actors such as Steve Carell, Ed Helms and more, and new "Saturday Night Live" Weekend Update anchor Michael Che.

Stewart didn't announce his plans for what comes next. He directed the 2014 film "Rosewater," based on journalist Maziar Bahari's memoir detailing his imprisonment in Iran following an interview with "The Daily Show's" Jason Jones.

Stewart previously talked about "Rosewater" with KPCC's "The Frame," saying at the time that "The Daily Show" isn't all fun.

"As sad as it sounds, people might say, 'Man, working at 'The Daily Show,' that's gotta be a blast. You just sit around and laugh all day,'" Stewart said. "And you're like, 'No, we have a meeting at 9, and the 9 meeting has to be over by 9:30, and the scripts have to be in by 11, because if they're not, then we miss this deadline.'"

He also told the Hollywood Reporter last summer that he didn't know how much longer he would stay with the show.

"I mean, like anything else, you do it long enough, you will take it for granted, or there will be aspects of it that are grinding. I can't say that following the news cycle as closely as we do and trying to convert that into something either joyful or important to us doesn't have its fraught moments," Stewart said.

The show, one of Comedy Central's top franchises, will likely continue. John Oliver and Stephen Colbert would have seemed like the heirs apparent before they left; of the current staff, Samantha Bee, Jason Jones and Aaasif Mandvi are the longest-running correspondents, with Bee starting all the way back in 2003. Jones filled in for Stewart as anchor last fall, assisted by his wife Samantha Bee, when Stewart was out sick.

The show has also pushed for expanded diversity in its own cast, along with launching "The Nightly Show" with a black host and a minority panel, so that could point to a more diverse host in the future. The show has also recently expanded its international perspective, with Trevor Noah covering international news, Hasan Minhaj as the new Indian correspondent and Egyptian satirist Bassem Youssef joining as a Middle East correspondent.

Correction: An earlier version of this story referred to "Rosewater" as a documentary; it is a drama, based on Maziar Bahari's memoir. KPCC regrets the error.

This story has been updated.

This content is from Southern California Public Radio. View the original story at SCPR.org.

The L.A. Philharmonic will be the new operator of the John Anson Ford Theatre, the smaller outdoor venue near  the 101 Freeway across from the Hollywood Bowl, under a plan approved by the Los Angeles County Board of Supervisors.  

L.A.  funding sustains the Ford, and the county recently spent $80 million renovating the 1,200  seat amphitheater.  But attendance has been lackluster — and Supervisor Sheila Kuehl hopes the L.A. Philharmonic can change that. 

“The Ford will be able to take advantage of the natural synergies in marketing, capacity-building and program resources that simply haven’t been available to the Ford as an independent institution," she  said.

The move by the L.A. County  blindsided many local artists.  They say the Ford is an important incubator for diverse talent.  They also worry ticket prices will increase.  Prompted by their criticism, the Supervisors will require the Phil to meet with artists and annually review the diversity of the Ford’s shows with county officials.

This content is from Southern California Public Radio. View the original story at SCPR.org.

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The Monash Institute of Pharmaceutical Sciences in Melbourne has announced a research partnership with Japan’s Takeda Pharmaceutical Company to develop new medicines that address significant medical needs in gastroenterology. The strategic partnership will allow scientists from Monash University and Takeda to work together to better understand the causes of these gastrointestinal diseases, and work towards developing treatments and therapies for disorders that affect millions of people worldwide.

11/18/2024 - 8:30 AM - Venue: First United Methodist Church

Not the cheapest, but may be of interest to some.

Whittakers Peanut Slab Bar 50g (Pack of 50) also available for the same price.

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Vanessa James will make a return to the ice to take part in the Art on Ice in Switzerland in February 2023. The world-famous show ‘Art on Ice’ enchants with its unique mixture of top-standard figure skating and live performances of international music stars, enriched by dancing, acrobatics, light show and choreographic effects. The event […]

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What is the fake "Permaswap Staking" website?

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Chinese premium electric vehicle maker Zeekr plans to take control of Lynk & Co, a sister brand owned by Geely and Volvo Cars, two sources with direct knowledge of the matter said.

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Australian law firm Gerard Malouf & Partners on Thursday said it had filed class action lawsuits against the country's top two retailers, Woolworths and Coles , for allegedly encouraging misleading discount claims on everyday products.

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Xiaomi CEO Lei Jun said in an X post on Tuesday that the company had produced 100,000 Xiaomi SU7 electric vehicles in 230 days. Luna Lin/AFP via Getty Images Xiaomi CEO Lei Jun posted a photo of himself sleeping on the factory floor. Lei was celebrating an EV production milestone — 100,000 units…

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