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The New Rules Project - Designing Rules As If Community Matters

The Harrisburg Senators are owned by Harrisburg, Pennsylvania, which paid $6.5 million in 1995 to acquire the AA Senators, who were planning to move to a new taxpayer-financed ballpark in Massachusetts. Instead of buckling and offering a new stadium of his own, Mayor Reed and the city of Harrisburg did something a bit more bold--they bought the team for a cool $6.7 million. It was a steep price to pay, as the private owners had bought the team only six months earlier for just $4.1 million, but the team was popular and the city had made the stadium the center of a redevelopment initiative. Citing the ballpark as the major link in his downtown revitalization project, when asked how he could afford the hefty price tag, Mayor Reed responded by asking, "How could we not?"

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