Mariners have new 25-year lease at Safeco Field
SEATTLE (AP) The Washington State Major League Baseball Public Facilities District has approved terms of a new 25-year lease with the Seattle Mariners for Safeco Field.
Combined with options for two three-year extensions as part of the agreement approved Wednesday, the new lease could keep the Mariners at the stadium through the 2049 season.
As part of the lease terms, the Mariners agreed to pay 100 percent of maintenance and operations costs at the stadium and ”contribute to ongoing capital improvements that will be needed in the decades to come.”
The new lease is five years longer than the original 20-year agreement when the ballpark was constructed and opened in 1999. The current lease was set to expire at the conclusion of the 2018 season.
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