Houston (CBS HOUSTON) – Jim Crane has owned the Houston Astros for six seasons, and during his tenure, the team has made major improvements on the field and to the ballpark.
With each opening day that passes the Astros get a little bit closer to the end of their lease with the Houston Sports Authority.
While Crane still has another 14 years left in Minute Maid, he shared during opening day the team has no plans to move anywhere else.
“The park is in a great spot,” Jim Crane said. “It’s a great ballpark and we hope to be here beyond the term of the lease.”
The lease between the Astros and the Houston Sports Authority goes to the year 2030 and can include two-five year renewals per Marquette university.
Without agreeing to a new deal with the Sports Authority, the Astros don’t have to move until the year 2040 if both renewals are picked up, but Crane shared the team is already in the works to try and extend or work on a new deal.
“The ballpark is good shape and we would consider extending the lease if we could get that worked out (and) we’re in talks now to try and get something done there,” Crane said.
The Astros owner himself has invested blocks away from Minute maid park. With the opening of Osso & Kristalla and Potente (Crane backed restaurants), you can have Italian food less than a three-minute walk away from the ballpark.
With Crane’s continual improvements the ballpark each season and his own personal investment in Osso & Kristalla and Potente it’s hard to see him leaving Minute Maid park anytime soon.