Plan for S.F. Stadium Scrapped

San Francisco Giants’ owner Bob Lurie said today that a plan to build a privately funded downtown stadium that would guarantee the club would not move to another city before next season has been abandoned.

Lurie said in a prepared statement that he and developer Peter Stocker have “regretfully concluded that we are unable to structure a financing method for the construction of a downtown baseball stadium that works for both the developer and the ballclub.”