Press Releases

VIRGINIA BASEBALL STADIUM AUTHORITY AND VIRGINIA BASEBALL CLUB FORM NEW COOPERATIVE AGREEMENT
Successful Public-Private Partnership to Bring Major League Baseball to Northern Virginia Extended as League Nears Relocation Decision

Friday, August 9, 2002 - The Virginia Baseball Stadium Authority and the Virginia Baseball Club, LLC, today announced the completion of a new agreement to continue working together to bring Major League Baseball to Northern Virginia. Under the terms of the new agreement, the Virginia Baseball Club (VBC), headed by telecommunications executive William L. Collins, III, will continue to fund the Authority's operations. In return, the Stadium Authority grants to VBC the exclusive right to negotiate a lease to play its games in the Authority's new ballpark.

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