The State - News from Oct. 3, 1989

The proposed new stadium for the San Francisco Giants could bring the city up to $2.7 billion in revenues over 40 years, in a best-case projection, and it would come out $500,000 ahead at worst, according to an economic study released by the mayor’s office. If the stadium is constructed, the study concluded, the most likely totals over 40 years would be $823 million in revenues and city costs totaling $62.8 million. The stadium would be built under an agreement with Spectacor Management Group and the Giants. The ballpark proposal will go before San Francisco voters, many of them baseball fans hoping the Giants are World Series champions by then, on Nov. 7. “Even if practically everything went wrong, the city would break even economically and still keep the Giants,” said Mayor Art Agnos.