View Poll Results: Will their be more rejections of publicly funded sports arenas in the future?

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  • Yes, it will grow into a bigger movement

    15 68.18%
  • No this is just a drop in the bucket

    4 18.18%
  • Other

    2 9.09%
  • I like cheese

    1 4.55%
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Thread: Public Funding of Sports Stadiums

  1. #11
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    Re: Public Funding of Sports Stadiums

    they should also start taking more financial responsibility in light of riots and other things that happen which is turning their presence into a more negative thing as of late.
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  2. #12
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    Re: Public Funding of Sports Stadiums

    Quote Originally Posted by The Barbarian View Post
    I have never done any research into this …... Just applied common sense, if there was a profit to be made from building a stadium, then I believe that the sports industry themselves would do it. Simply by asking that the cities build them a new stadium tells me there is little if any profit to be made.
    Less than two months ago I read an article about a rather lengthy study conducted on the subject. The research determined that if all things work out well the best you can do it break even. I have never voted in favor of a stadium or stadium upgrade. It's a fools game. Athletes make too much money and team owners rake in the bucks. The fans get hosed. Most teams would be hard pressed to leave and find another city these days. Cities and states are broke. The fans are hurting. In fact, I've pretty much given up on most pro sports. They've been tarted up now to the point where much of it is hype.










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  3. #13
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    Re: Public Funding of Sports Stadiums

    yes, the commoners are going to rise and revolt.... Yawn.

    If a city council approves it, people need to take their ire out on them, not owners or players.
    "Loyalty only matters when there's a hundred reasons not to be-" Gen. Mattis

  4. #14
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    Re: Public Funding of Sports Stadiums

    I cannot understand how these stadiums need government assistance when they charge upwards of $30 per ticket... not to mention the ridiculous prices I have to pay for food/beer. I'd prefer they say screw it and have the games at their practice fields and I'll just watch the games on TV. I get a much better view of what is going on anyways plus I don't have to pay for a ticket PLUS I can enjoy my special dipping sauce in the comfort of my lazyboy.
    "There is nothing which I dread so much as a division of the republic into two great parties, each arranged under its leader, and concerting measures in opposition to each other. This, in my humble apprehension, it to be dreaded as the greatest political evil under our Constitution." óJohn Adams

  5. #15
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    Re: Public Funding of Sports Stadiums

    Quote Originally Posted by Catawba View Post
    I sure hope more and more see the folly of carrying the expense of the stadiums and not getting to share in the profits.
    Agreed. Publicly-funded sports teams are a net drain on the local economy.
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  6. #16
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    Re: Public Funding of Sports Stadiums

    I do not support public funded stadiums. Especially the high salaries paid to players, coaches, and owners.
    Yet some in CA think it is a good investment. didn't think LA had a team?
    L.A. City Council advances plan for new NFL stadium - CNN

    With all the talk about evil CEO's and rich people, you would think the general public would be fed up with tax payer money going to help pro team owners and the contracts many players get.
    Last edited by mike2810; 08-12-11 at 02:13 AM.
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  7. #17
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    Re: Public Funding of Sports Stadiums

    Quote Originally Posted by tessaesque View Post
    Y'all should look up the deal for the Cowboys Stadium in Arlington. It was barely approved by voters on the basis of cost, they claimed the money would come from increased tourism. Then the stadium was about 10x more than predicted and Arlington will be paying on it for years while the city deteriorates just like the last city to house the stadium did.
    Sometimes it works. Denver went big in its efforts to attract major league baseball in the early 1990's. Given conventional wisdom was the MLB was going to put its new NL franchises in Miami and Tampa, it offered up a new stadium completely paid for by taxpayer's, plus it would allow the new team to have 100% of the concession revenue. The stadium was to be financed with a 1/10 of 1% increase in the sales tax in six metro counties. The tax was approved by voters in five of the six counties (interestingly, Denver, which was the one of the two "blue" counties, was the only county to say 'no'). On the strength of this unique deal, MLB passed over Tampa and awarded its NL franchise to Denver.

    The Colorado Rockies set (and still hold) almost every major league attendance record during their initial year of 1993. Coors Field became a catalyst for Denver's revitalization of its downtown, which today is the center of nightlife in the metro-area and an incredibly hot real-estate market. The stadium bonds, which were to be paid off in 20 years, were paid off in seven as the increase sales tax exceeded expectations.... and in fact, substantially financed the football stadium. Though they appeared to have given away the store, Coors Field was one of Denver's best moves since..... well, until Denver International Airport.

    Coors Field is an incredible example of how government can work.

    http://www.thursdayassociates.net/Texts/coorsfield.html

  8. #18
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    Re: Public Funding of Sports Stadiums

    upguy: " increase sales tax exceeded expectations.... and in fact, substantially financed the football stadium."

    So tax dollars went to a baseball and football stadium. What else did the increased sales tax go for? If nothing, then what good was the increase?
    "I can explain it to you but, I can't understand it for you"

  9. #19
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    Re: Public Funding of Sports Stadiums

    Quote Originally Posted by mike2810 View Post
    upguy: " increase sales tax exceeded expectations.... and in fact, substantially financed the football stadium."

    So tax dollars went to a baseball and football stadium. What else did the increased sales tax go for? If nothing, then what good was the increase?
    I sorry, I thought that would be pretty obvious, If sale tax exceeded all expectations, then the underlying driver of the sales tax, the receipts of the various local businesses (hotels, restaurants, bars, souvenir shops, parking, other retail stores) exceeded expectations. The stadium had a substantial economic impact on the downtown area.... an impact that exceeded all expectations with everyone (in Denver, at least) the winner.
    Last edited by upsideguy; 08-12-11 at 02:48 AM.

  10. #20
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    Re: Public Funding of Sports Stadiums

    Quote Originally Posted by Cold Highway View Post
    With Long Islanders saying No to a new stadium of the NY Islanders of the NHL last week, do you feel that a tide is turning in regards to publicly funded sports arenas? Is this a beginning of people saying no of being the primary burden of major sports leagues or is this a drop in the bucket. As it stands (in my research) now the next stadium fights would be the Metrodome (Minnesota Vikings), Ralph Wilson Stadium (Buffalo Bills) and the possible relocation of the Oakland A's if they don't get a new deal.
    Sadly I think this is a drop in the bucket.The reason I say this is because people love their sports teams so they will get threatened with the team leaving to another state or city that will financially prop them up with tax payer dollars and elected officials sell these things as money makers for the tax payers. Personally I think any form of corporate welfare should be illegal all across country that means tax payer assistance for stadiums, and tax cuts.

    Tax payers should not be propping stadiums especially when those tax payers are going to get charged for usage. Its like making everybody pay for a house and to maintain that house and then telling everyone who is paying for it that if they want to use it then they have to pay for it again.
    "A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murder is less to fear"

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