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City of Vancouver moves forward in exploring Major League Baseball franchise
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CityNews Vancouver
The City of Vancouver is moving forward in its exploration of a Major League Baseball (MLB) franchise.
The City has confirmed that it has partnered with The Show Vancouver Bid Corporation (TSV) and entered into a Memorandum of Understanding (MOU).
Through the RFEOI process, TSV submitted their proposal.
The MOU between the City and TSV will guide the process as they explore ballpark sites and TSV develops a potential expansion bid.
“TSV will be responsible for all costs and financial risks associated with preparing and advancing its MLB bid,” read the statement.