2 posts categorized "Entertainment-Stockyards"

10/02/2012

LaGrave Field sold to Cats ownership group for $4.5 million

LaGrave Field, home to the Fort Worth Cats minor league baseball team, was sold to an affiliate of the team’s ownership group Tuesday morning for $4.5 million. The transaction, conducted outside the Tarrant County courthouse during a foreclosure auction, will give the team a home “for a long, long time,” said John Bryant, managing partner of FW Stadium Group LLC, which bought the property. Bryant said he is also managing partner of the Cats. The 13.2-acre parcel sold includes the stadium and land immediately around the facility extending to Sixth Street on the south.


Former Cats owner Carl Bell built the stadium in 2002 and went on to accumulate 58 acres in the area, on which he planned a mixed-use development of residential, retail and office space. But after the economy weakened, Bell defaulted on a $12.5 million loan from Houston-based Amegy Bank earlier this year. Amegy had posted the facility twice previously but the foreclosure was withdrawn after talks were extended both times. Bryant said the ownership group, which bought the team from Bell in December 2011, wasn’t certain what the stadium’s ultimate sales price would be, but he said the $4.5 million was about what they expected “it might reasonably be because of previous negotiations.”

-- Jim Fuquay

09/19/2011

Stockyards Championship Rodeo, Russell Feed, launch hay drive for neglected animals

Stockyards Championship Rodeo is teaming with Russell Feed to launch a Hay Drive to benefit the nonprofit Ranch Hand Rescue and abandoned or neglected ranch animals.

A portion of ticket proceeds from Friday night’s (Sept. 23) rodeo will benefit Ranch Hand Rescue, and volunteers will be passing the “bucket” in the audience seeking cash donations. The rodeo, in the Cowtown Coliseum, 121 E. Exchange Ave., also will be taking in hay donations all day long Friday, said Nate Krieger, the rodeo’s marketing director.

Additionally, Russell Feed stores are accepting donations for the next week, and you can also visit the Ranch Hand Rescue site for more info and to donate.

Krieger said the drive “will be the first of many” to benefit Ranch Hand Rescue. He noted hay prices have skyrocketed in recent months.

The idea for the drive came from a fan on the rodeo's Facebook page.

“With the drought and wildfire on top of that, there just isn’t anything growing here in Texas,” he said. Adding in the cost of transporting hay here from states such as Indiana, Missouri, Kansas, and New Mexico, he said prices have “tripled to quadrupled just in the last six months.”

- Scott Nishimura

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