The deadline for Major League Baseball to accept the Washington D.C. lease agreement is March 7.

If Major League Baseball and the D.C. Sports and Entertainment Commission don't agree to the terms by March 7, the stadium lease agreement between the city and team would be canceled, according to the legislation.

What I didn't realize is that Washington still needs to acquire the land. The business men who own the property lost in court yesterday. They challenged the assessment of the property, which came in just under the amount that would have killed the deal.

The court ruled only the mayor or D.C. Council could challenge the assessment. Chief Judge Eric T. Washington wrote "it is improbable that the Council intended to grant landowners the power to interfere with the economic development plans of the city."

Of course. Who would expect that owning property would give you property rights? Or that residents would be allowed to challenge the government? It sounds like another Kelo decision.