The ballpark, which is expected to be finished in 2010, will allow the Twins to receive revenue from suites, advertising, naming rights, concessions and non-baseball events, as well the stadium’s 40,000 seats. Revenue from the suites is expected to bring in about $8 million a year, or a potential $240 million during the team’s 30-year stadium lease.
The Twins will get virtually all of the revenues at the new 40,000-seat ballpark - unlike their lease at their existing stadium, the Metrodome, where they control little of the revenue from suites, advertising, concessions and non-baseball events.
The average price of a ticket at the new stadium is expected to be $17, with some seats available for $12. Exclusive Champions Club seats are predicted to coast between $175 and $275.
About a third of the costs for the stadium are being met by the team - around $167 million - the remainder is publicly funded.
