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Providence Park is Profitable for Portland.

The Willamette Week published a great article last night on the financial impact that MLS has had for Providence Park:

While previous renovations in 2001 for minor league baseball and soccer teams had left the city with a sizable chunk of debt, the arrival of Merritt Paulson and MLS has been able to turn that around.

When Timbers owner Merritt Paulson came to City Hall in 2010 seeking $12 million in public money as part of a $31 million renovation of the aging ballpark, some observers wondered if taxpayers were about to get fooled again.