Subsidies

Bass Pro Gets $30M in Subsidies From Memphis

The company hooked a fish

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NASHVILLE — More than $30 million — and counting — in taxpayer money will go toward transforming the Memphis Pyramid into a Bass Pro Shop to rival Six Flags in entertainment value.

But plans have expanded and cost overruns are likely, according to Memphis TV affiliate WATN .

The new store will include a three-story hotel, "nature scapes," giant cypress trees and a floating dock, a Bass Pro Shops' news release says. The Pyramid, which is 32 stories high, was once the arena for the NBA's Memphis Grizzlies and the University of Memphis men's basketball program.