- Associated Press - Wednesday, October 25, 2017

PROVIDENCE, R.I. (AP) - Pawtucket Red Sox officials have refused to disclose their annual revenue and profit as Rhode Island lawmakers review a proposal to build an $83 million stadium for the minor league team.

WPRI-TV reports that team chairman Larry Lucchino, in written responses to a Senate committee, says the organization has released as much financial information as possible without revealing sensitive data. A balance sheet released last week shows more than $18 million in assets and $7 million in liabilities.

Lawmakers are considering legislation that would allow the state to provide $23 million and the city $15 million to help fund a stadium for the Boston Red Sox Triple-A affiliate.

Committees from the House and Senate have wrapped up hearings on the issue. Stadium supporters hope for a vote this fall.


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