GOP lawmakers today will unveil a more than $700 million package that would rely heavily on state and local money to fund maintenance at the Brewers ballpark in exchange for keeping the team in Milwaukee through at least 2050, according to a source with knowledge of the plan.
The bill tracks the framework that WisPolitics reported earlier this summer, though the requested money from Milwaukee County and the city has increased compared to past versions.
The source said the package includes $400 million from the state, which would come from taxes generated by the team’s presence in Wisconsin such as player salaries.
Milwaukee County and the city are being asked to cover $202.5 million through 2050, or about $7.5 million annually.
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Meanwhile, the team would kick in another $100 million above what it’s now paying in rent and other costs.
In earlier versions of the proposal, the state’s share was more than $460 million, while the city and county were to be asked for a contribution of $135 million over the life of the deal.
See today’s PM Update for coverage of the formal release.
