Hillcats Baseball Eyes $5.25M Stadium Deal
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Description
The City of Lynchburg is considering a 15-year franchise agreement with Hillcats Baseball, LLC, granting exclusive rights to use the Bank of the James Stadium for baseball games and related events through the 2029 season. The agreement includes a $5.25M CIP project for stadium improvements, a $150K annual maintenance reserve, and is expected to generate over $7M in city revenue.
Contract Details
Contract Amount
$5.25M
Vendor
HILLCATS BASEBALL
Agency
City of Lynchburg, VA
Contract Type
Franchise Agreement
Document Date
May 13, 2025
Contract Term
15 years
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