MLB just killed 18 minor-league teams that got $249m in public stadium funding
MLB issued its final list yesterday of which 120 minor-league teams will get to continue as farm teams for big-league clubs, and which will be left to join a series of independent or amateur leagues or disappear altogether. While a few teams got official notice that they’d be switching levels — the Jacksonville Jumbo Shrimp jump from Double-A to Triple-A, the San Antonio Missions drop from Triple-A to Double-A, the Frederick Keys are bounced from Single-A to the new MLB Draft League where players will have to play for free to showcase their skills for the annual player draft, and the
Source: fieldofschemes.com