Super Bowl of Welfare

Nov 2006
53,401
19,533
#31
They should do what any other business that wants to make capital improvements does; find some investors or take out a loan.
This is forcing middle class and poor tax payers to subsidize millionaire players and billionaire owners.
And if they find those investors in another city then bye bye, you no longer have a franchise. Many times an owner has moved his team because another city is willing to build them a stadium.
 

Macduff

Moderator
Apr 2010
92,305
30,700
Pittsburgh, PA
#32
And if they find those investors in another city then bye bye, you no longer have a franchise. Many times an owner has moved his team because another city is willing to build them a stadium.
It's an extortion racket. Pay up or we leave.
If enough cities say no, then that ends. Hell, the leagues could end that by adding a couple of expansion teams. There's only so many cities that can support sports teams. But they'd never do that. Why would big sports end their gravy train?
 
Nov 2006
53,401
19,533
#33
It's an extortion racket. Pay up or we leave.
If enough cities say no, then that ends. Hell, the leagues could end that by adding a couple of expansion teams. There's only so many cities that can support sports teams. But they'd never do that. Why would big sports end their gravy train?
I'm not saying you are wrong or that localities have every right to say build your own damn stadium. Just saying an owner also has a right to relocate his team to some place else if they will build him a shiny new stadium. A pro team does bring one hell of a lot of money to a city in hotel bookings restaurants etc and it can be worth it to build a stadium to get one.
 

Macduff

Moderator
Apr 2010
92,305
30,700
Pittsburgh, PA
#34
I'm not saying you are wrong or that localities have every right to say build your own damn stadium. Just saying an owner also has a right to relocate his team to some place else if they will build him a shiny new stadium. A pro team does bring one hell of a lot of money to a city in hotel bookings restaurants etc and it can be worth it to build a stadium to get one.
Just a few years after the stadiums opened, the city of Pittsburgh was declared financially distressed under Act 47.
 

HayJenn

Moderator
Jul 2014
61,892
50,191
CA
#37
It's an extortion racket. Pay up or we leave.
If enough cities say no, then that ends. Hell, the leagues could end that by adding a couple of expansion teams. There's only so many cities that can support sports teams. But they'd never do that. Why would big sports end their gravy train?
The new LA stadium (home to the Rams and Chargers) was all privately funded.
 

HayJenn

Moderator
Jul 2014
61,892
50,191
CA
#39
I was reading an article on it the other day. It's going to be great. It's going to include shopping, places to eat and apartments.

I'm really happy for Inglewood - since the Forum and Hollywood Race track have gone poof - they needed something like this in their community - a real big boost for them

And renderings of the stadium look super awesome!
 
Apr 2015
12,923
2,205
Katmandu
#40
In Western Pennsylvania they had a REFERENDUM about increasing taxes to pay for stadiums for the Pirates and Steelers, which voters REJECTED. Office holders came along later and approved the plan over the objections of voters. Does that change your mind?
Exactly, in a democracy it would be a ballot referendum.
 

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