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It is becoming increasingly clear that the Staten Island Yankees will be no more. (Robert M. Pimpsner)

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Federal Loan Relief for MiLB Teams?

On Wednesday, May 27 the Save Minor League Baseball Task Force Co-Chairs Congressman Max Rose (NY-11), Congresswoman Lori Trahan (MA-03), Congressman David McKinley (WV-01), and Congressman Mike Simpson (ID-02) introduced legislation to provide additional COVID-19 relief to Minor League Baseball teams and other small businesses.

The proposed bill will create a federal loan program of at least $1 billion to provide relief loans to community-owned or private small businesses with less than $35 million in revenue and have contractually obligated to make the lease, rental, or pond payments on publicly-owned stadiums, museums, or theaters.

If the bill passes Minor League teams would be able to use the funds to help pay facility rent or bond payments, utilities, payroll costs, or facility improvements. The relief bill would be a much welcome help to teams across the country who face a lost season with the impending cancelation of the minor league season.

“These teams are a part of our communities in every single way: they create jobs, memories, and have limitless potential,” said Congressman Max Rose in a statement.  “It is critical we step up with programs like this so that they continue enriching our hometowns and country.”

Congressman Rose’s district includes the Staten Island Yankees, a team that was on the initial list of 42 teams slated to be contracted in a leak back in October. Many teams have had to furlough or eliminate staff positions due to the crisis with a lot of teams facing the possibility of folding. All this is happening under the threat of contraction as MLB and MiLB have yet to reach a new Professional Baseball Agreement.

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