Group negotiating possible Chase Field purchase cancels deal

- Maricopa County, which owns Chase Field, has been at odds with the Diamondbacks over who is responsible for renovating the stadium.

The county was hoping to bring in a third party investor to buy Chase Field for about $60 million and help pay for improvements, but those hopes are now gone and both sides are back to square one.

"This is a risk to step out and do something great for the community," said Clint Hickman of the Maricopa County Stadium District.

How quickly things change. Just a few months ago, county supervisors were optimistic about a potential sale of Chase Field to private investors in order to renovate the 18-year-old ballpark. But now, those investors are backing out of the deal and pointing the blame directly at the Diamondbacks.

In a letter to the Maricopa County Board of Supervisors, Stadium Real Estate Partners said the team made "unreasonable and rather dubious" demands for renovations. They called the team's $187 million estimate "greatly exaggerated" and say on numerous occasions the Diamondbacks refused to meet with them.

The team responded late Monday night, saying they were offended at the notion that they have been uncooperative in this process and claim that the group wasn't being completely forthcoming about basic information regarding the sale. They also say that $187 million price tag for renovations came from the county and not them.

The county is still on the hook for the lease of Chase Field, which lasts through the 2028 season and say they'll continue to honor that deal.

The county can continue to seek out a third party, but the Diamondbacks would ultimately have to give the OK on any transfer of ownership of Chase Field.


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