Update: The O'Fallon City County approved a lease with a new tenant for Carshield Field.
A press release from the council said a team from Hannibal, Missouri, that plays in the Prospect League will call the stadium home. They will play in the ballpark and call manage the day-to-day operations.
The agreement is a five-year lease that includes $125,000 in annual rent and $10,000 in stadium naming rights revenue for the city.
ST. LOUIS BUSINESS JOURNAL — A new batter is on deck in O’Fallon, Missouri. The city council there on Thursday is scheduled to consider authorizing a lease with a new tenant for CarShield Field, the city-owned baseball stadium.
The new tenant for the facility would play in the Prospect League, a summer, collegiate wood-bat league, and be owned by O’Fallon Baseball Associates LLC. The baseball team would replace the River City Rascals, a minor league team that in August announced it will cease operations at the end of the year. Richard DeStefane, owner and president of Reliant Care Group LLC and Reliant Care Management Co., would be the primary owner of the O'Fallon Prospect League team. He also owns the Hannibal Hoots of the Prospect League.
The Prospect League has 12 teams from Missouri, Illinois, Indiana, Ohio and West Virginia. Prospect League teams played a 60-game schedule in 2019, with the season beginning May 30 and ending with a championship series in the second week of August.
The lease to be voted on Thursday has a five-year term, running from Jan. 1, 2020, to Dec. 31, 2024. Under the terms of the proposed lease, the O'Fallon Prospect League team would pay annual rent of $125,000 and be responsible for day-to-day management of the facility. The team would also be required to pay the larger of 10%, or $10,000, annually of any new naming rights agreement it inks for the facility. The stadium’s current naming rights deal will expire with tenancy of the Rascals, the lease states.
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