DC Council forces MLB to blink

Major congratulations to the DC Council for sitting down with Major League Baseball and getting them to blink a bit on their requirements for the team. MLB ponied up another $20M, and have agreed tentatively to a letter of credit that would satisfy Wall St. of the city’s honorability in terms of the bonds. The deal’s not all the way done, but it’s nice to see the two sides speaking not just amicably, but seriously about what they’ll do to make the stadium a reality.

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