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Lackawanna County and SWB Yankees LLC have reached a tentative agreement that officials believe will keep the New York Yankees Triple-A baseball team playing in Moosic for decades to come, the county announced Friday.
The two sides resolved the final outstanding issues late Thursday night and handed the deal over to lawyers to reduce to a formal, written contract, Commissioner Corey D. O’Brien said. Both sides are confident enough in expecting a final written agreement that they have invited contractors to move in equipment to start work on the up to $40 million new stadium, where the team would play starting next year.
“It’s a substantial step forward,” Mr. O’Brien said. “We still need a signed document.”
A county announcement said the two sides “are on the verge of an agreement,” but Mr. O’Brien and Commissioner Jim Wansacz agreed with the characterization of events as a tentative agreement
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