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Oregon Proposes $800M Bonds for MLB Stadium Project

3/24/2025

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Summary

Story summary

Oregon lawmakers are weighing a bold proposal to allocate $800 million in bonds for the Portland Diamond Project, aimed at constructing a $1.8 billion MLB stadium at Zidell Yards. This ambitious plan, funded by a "jock tax" on players' earnings, promises to invigorate the local economy and potentially lure a major league team to the state.

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Story summary

Oregon lawmakers are weighing a bold proposal to allocate $800 million in bonds for the Portland Diamond Project, aimed at constructing a $1.8 billion MLB stadium at Zidell Yards. This ambitious plan, funded by a "jock tax" on players' earnings, promises to invigorate the local economy and potentially lure a major league team to the state.