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Grider Stadium is getting a new baseball scoreboard at no cost to the City of Tullahoma.
During the May meeting of the Tullahoma Board of Mayor Alderman, the board approved a contract to purchase a Nevco Model 1606 baseball scoreboard for Grider Stadium at Tullahoma High School.
According to Parks and Recreation Director Dave Anderson’s memo, the Parks and Rec division was approached by Nevco Integrated Display and Scoring Solutions to purchase a new scoreboard for the stadium. According to the memo, the $32,000 scoreboard will be funded entirely by sponsors, and Nevco has already secured sponsorship to help cover the cost of the scoreboard.
The sponsor’s logo is displayed at the bottom of the scoreboard for a 4-year term. After the four-year period, Nevco agrees to split any additional sponsorship proceeds 50:50 with the city.
When brought up for discussion, Alderman Daniel Berry noted that the contract stated that at the end of four years the contract would automatically renew for a further four years unless written notice was given 60 days before the end of the contract. Berry asked if that was something the city had with previous contracts. City Administrator Jennifer Moody said of the contract that it was in the city’s best interest to continue it after the four years, since the sponsors would help the company recoup the cost of the scoreboard, and the city would subsequently receive a 50 percent cut in the cost receive proceeds.
“We need at least a five or six year term to get proceeds back,” Moody said.
Berry then asked if the city would see any benefit in splitting the proceeds 50/50 with Nevco after four years and why they had to split it. Anderson said Nevco has secured sponsors for the first four years, after which the city will own the scoreboard so it can decide whether to continue splitting the proceeds 50/50.
“If we decide to partner with Nevco, the split will be 50/50, but we own the scoreboard after the four years and can take it ourselves,” Anderson said.
Nevco representative Trent Moore said that since the scoreboard will be owned by the city, the board can decide whether to continue the partnership and share the proceeds with Nevco, seek its own sponsors after four years, or have none at all and take the sponsors off.
He added that this is the first time Nevco has this type of deal with a city, as they have mainly worked with schools that cannot afford scoreboards, but he approached the city because he wants Grider Stadium loved and wanted it to have a new scoreboard.
The board approved the contract unanimously 6-0.