A feasibility report on bringing a baseball team back to Montreal is out, and reveals it would cost over $1 billion for both a new stadium and moving a team to the city.
The report was assembled by the Ernst & Young firm alongside the Montreal Metropolitan Board of Trade and showed that 69 percent of citizens in the area support the move, alongside 81 percent of businesses.
Reviving the Big-O is out of the formula however, Cromartie told reporters.
“We need a new stadium,” he said. “Major League Baseball is very much aware of that.”
The report suggests building a new open-roof stadium is the only route to take, because a retractable roof on its own would cost over $100 million.
The firm predicts building the stadium would cost about $500 million, $335 million coming from the government; but all of that would be recouped within eight years, the report said.
Before the stadium can be built, there must be a team willing to move and a company willing to buy the team.
No word yet on who is in negotiations with the association.
Click here to view the report.