TuteTibiImperes: Some public investment makes sense, as a pro team does bring a lot of business to a city, but funding the entire bill seems extreme.LA should have an NFL team though. The Jaguars would be a solid choice to relocate.
TuteTibiImperes: Some public investment makes sense, as a pro team does bring a lot of business to a city, but funding the entire bill seems extreme.
A Fark Handle: TuteTibiImperes: Some public investment makes sense, as a pro team does bring a lot of business to a city, but funding the entire bill seems extreme.if you minumum wage seasonal jobs as "a lot of business." pretty much every serious study has shown the "stadiums create jobs" line is bullshiat. especially football and baseball stadiums. at least arenas have a lot of other potential from concerts to conventions...some public investment for entertainment is ok. city's sometimes fund museums and concert hall, and of course there are city parks (which don't cost $100 to enter), but let's not pretend a nfl stadium creates jobs.
TuteTibiImperes: How much of an effect is the big question. If the city finds that they'll get an extra two million in tax revenue per year from the stadium, and that it will have a usable life of 20 years, it doesn't make any sense to spend $40 million up front because they'll just break even. However, in that same case, a smaller investment could very well make sense.
Henry Holland: 9 comments and no one has posted a "But LA sucks! Two teams left there!!!!!" comment? Wow.For a bit there, it really looked like a stadium was going to be built by AEG next to Staples Center. I believe AEG were going to get favorable terms on some loans but it would have been mostly their money, plus they were going to chip in for badly needed renovations to the convention center. Since Tim Leiweke left and ended up in Toronto, I think the project is dead in the water, another corpse in the LA football stadium graveyard.Speaking of corpses, Ed Roski's proposed stadium is pretty much a non-starter, the NFL has no interest in his project.
swahnhennessy: If the owner of a team you like is threatening to move unless you fund his business expenses, stop supporting that team. You're being played for a sucker. Let some other town be the chump.
Henry Holland: 9 comments and no one has posted a "But LA sucks! Two teams left there!!!!!" comment? Wow.
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