The deal must be approved by an expansion committee of Major League Baseball, which is putting together new minor-league franchises to accompany the two new Major League franchises that will begin play in the National League next season.
The Staten Island stadium, budgeted at $71 million and under construction along the St. George shoreline, just west of the Staten Island Ferry Terminal, is to be used by a minor-league franchise of the Yankees.
He has also maintained that its price is too high and that the caliber of baseball it will bring, with a single-A minor-league franchise, to the home of the Brooklyn Dodgers, is beneath the dignity of the borough.
Under terms of a 20-year lease agreement between the city and the Mets, the minor-league franchise will pay up to $520,000 a year, based on attendance, for use of the stadium.
The Mets general manager, Al Harazin, said yesterday that the team maintains its concern about any minor-league franchise "in our backyard."
The Checkers were sold shortly after their championship season at a then-record price for a minor-league professional franchise, to Tim Braswell, who sold the team in 2000 to George Shinn and Ray Woolridge, the Hornets owners.
"He (Parcells) wanted me to find him a team," said Schmittou, who heads a group that has owned nine minor-league franchises across the country.
Mr. Giuliani has already pushed through new stadiums for single-A minor-league franchises of the Yankees and the Mets, paid for entirely by the city and under construction on Staten Island and at Coney Island.
It also gives him an important voice on virtually every major state issue, from property taxes to the plan to build a hockey arena in downtown Newark and one in Pennsauken, where at the time he owned the rights to a minor-league franchise.
The measure would allow the authority to construct and own the stadium and lease it to a minor-league franchise.