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2w ago

Hobbs Signs Bill to Capture $500 Million for Chase Field Upgrades

The new law taps up to $500 million in existing sales taxes to fund upgrades, paving the way for the Diamondbacks to extend their stadium lease

May 31, 2025; Phoenix, Arizona, USA; A general view of fans as they arrive for a baseball game between the Washington Nationals and Arizona Diamondbacks at Chase Field. Mandatory Credit: Allan Henry-Imagn Images/File Photo
Arizona Gov. Katie Hobbs signed a bill June 27, 2025, to fund improvements at Chase Field, home of the Arizona Diamondbacks. Also pictured are the Dbacks' Luis Gonzalez, Hobbs' Chief of Staff Chad Campbell; pitcher Corbin Burnes; right fielder Corbin Carroll; President, CEO and general partner Derrick Hall; Rep. Jeff Weninger, R-Chandler, and team mascot Baxter.
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Overview

  • Governor Katie Hobbs officially enacted HB2704 on June 27 to redirect up to $500 million in sales tax revenue over 30 years toward ballpark improvements
  • The legislation cleared the legislature with bipartisan votes, passing the Senate 19-11 on June 19 and the House 35-20 on June 23
  • Funds will target critical infrastructure projects, including overhauls of the air-conditioning system and repairs to the retractable roof at Chase Field
  • The Arizona Diamondbacks have pledged at least $250 million of their own funds and plan to negotiate a lease extension with the Maricopa County Board of Supervisors
  • Proponents highlight job creation and downtown economic activity, while opponents question the use of public funds to subsidize stadium upgrades