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(Mother Jones)   Do you want a new stadium for your $$$$ sports franchise? Consider threatening these pushovers   (motherjones.com) divider line 17
    More: Interesting, sports franchises, Houston Oilers, luxury boxes, Emerald City, Jaguars, stadiums, St. Louis Rams  
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1239 clicks; posted to Sports » on 28 Sep 2013 at 5:20 PM (40 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



17 Comments   (+0 »)
   
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2013-09-28 01:09:14 PM
I like football as much as the next guy - but not enough to spend the next guy's tax money to cave to extortion.
 
2013-09-28 01:40:38 PM
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.
 
2013-09-28 01:59:40 PM

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.


To me, public investment and private seems to work pretty well for the whole community. I'm against having the taxpayer foot the bill.

 On the train every day, I see the Red Bulls stadium in Newark (Harrison) on the way to NYC and have seen the life it has brought.
 
2013-09-28 05:32:40 PM

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.
 
2013-09-28 05:33:09 PM
When LA finally builds a stadium then this becomes an issue.
 
2013-09-28 05:33:54 PM
Governments should give the money as a long-term, low interest loan to the sports team. Like how the government gave money to the auto makers
 
2013-09-28 05:38:28 PM

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.


Well, ideally the stadium can be used for more than just the one sports team.  It could be a concert venue, used for civic purposes, etc.  As long as it keeps drawing people to the area the retailers, restaurants, bars, etc, in that area will gain a lot of business from the traffic.

I do agree that a lot of the projections from those asking for the funds are beyond optimistic, but it should have a very positive effect on the area.

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.
 
2013-09-28 05:43:21 PM

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.


An average modern stadium costs about a billion. There isn't a chance in hell a city can make enough revenue back to cover even a small share of the costs.
 
2013-09-28 06:00:18 PM
I would love to have an NFL team in Toronto. But I am not paying the 500$ a ticket they initially tried to extort out of the Canadian fans. That pissed me off enough to not even consider the ticket price reductions.

Plus I don't want the bills. give me either a brand new team that will suck as much as the bills and we can build our own history of suck. or send us a good team. Either way your not getting 500$ a ticket that's for sure. Especially since there would be zero tailgating due to lack of space around the existing stadiums in Toronto area.
 
2013-09-28 07:06:23 PM
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.
 
2013-09-28 07:13:47 PM

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.


I actually applaud LA for standing up to this garbage while every other city is eating it up.  The Rose Bowl and the Coliseum aren't going anywhere, so LA is right to be hesitant about building a THIRD football stadium in the area.  By my count, the three stadiums would host ~26 games a year (7 USC, 7 UCLA, 1 Rose Bowl, 10 NFL games and I even got generous and threw in an NFL playoff game at home).  That seems idiotic to operate 3 facilities with the purpose of hosting a total of 26 major events a year.
 
2013-09-28 08:30:22 PM
Until recently, the normal NBA/NHL threat was Kansas City, since there was already a ready-to-go new facility.   Sadly, at 6, Sprint Center is...

img.fark.net
 
2013-09-28 09:04:20 PM
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.
 
2013-09-28 09:19:17 PM

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.


yes, but that's the entire business model of the nfl, nba, nhl, mlb (well if the mlb had a business model).

/never understood the love for pro sports, they can move at anytime
//packers excepted...
 
2013-09-29 05:39:52 AM
Please noone shows this to the Quebec city mayor, he will push for a new stadium.
 
2013-09-29 07:19:26 AM
Odds of Seattle getting a NBA franchise are nil.  The NBA will use the threat of a move to Seattle to whip other cities into line.
 
2013-09-29 12:36:52 PM

Henry Holland: 9 comments and no one has posted a "But LA sucks! Two teams left there!!!!!" comment? Wow.


It's simple for LA.  Just rename the Raiders the Los Angles Raiders of Oakland.  Done.

//LA will support a winning team, not any team.  That is a problematic endeavor when you're fronting a billion dollar risk.
 
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