CHARLOTTE, N.C. - The Charlotte Knights have new deadlines to meet in their quest to get a stadium built in uptown.
County leaders want the Triple A baseball team to show them financing by June 30th, 2012.
The Knights hoped to have until September, 2012.
That's what the county Economic Development Committee told the Charlotte Knights Tuesday while approving an amended lease for the Third Ward site the county owns where the Knights want to build.
Our work is really cut out for us, said Charlotte Knights General Manager Dan Rajkowski.
Any time you push back deadlines you have to go back and re-group. We're going to take a look at this and see if it's something we can live with, but certainly we're committed to getting this thing done. It's just we have a short window to make this happen.
The deal also calls for providing evidence of two major sponsors with naming rights by March, 2012.
The deal also requires starting construction by October 1st, 2012.
Moving the Knights to Charlotte from Fort Mill has been tied up for years due to the economy and lawsuits over a land swap by lawyer and developer Jerry Reese, who said he's in contact with a Major League Baseball team's ownership group about moving the team to Charlotte and building a stadium in Second Ward.
Some teams are in declining population markets, others are having stadium issues, some people just don't show up, Reese said.
But, Reese won't say what team he s talking about and there's no official proposal on the table.
Reese says there won't be a proposal if county leaders want the Charlotte Knights over Major League Baseball.
This group is not going to want to bother discussing coming to a minor league city, that's just a fact, Reese said.
Reese has been working on his Brooklyn Renaissance Project to bring a major league team to Charlotte for a decade.
A bird in the hand is worth two in the bush, said County Commissioner George Dunlap.
If the Knights don't meet their milestone dates, the lease could be terminated and the county could look for someone else to develop this land.
Part of Tuesday's agreement includes the knights depositing 100-thousand dollars into an escrow account by the end of this August to pay for legal fees.
It also includes the Knights not asking for any county money to pay for the stadium.
Key dates on the Knights new timeline could change because the plan still has to be approved by the full county commission.