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Lobby Okay Sports topic #2682065

Subject: "its the least bad stadium deal we’ve seen in a while" Previous topic | Next topic
smutsboy
Member since Jun 29th 2002
33301 posts
Mon Dec-17-18 05:31 PM

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18. "its the least bad stadium deal we’ve seen in a while"
In response to In response to 13


  

          

But there are still hundreds of millions in tax giveaways.

https://sports.vice.com/en_us/article/53xzbd/rams-leave-st-louis-raiders-and-chargers-in-limbo-winners-and-losers-of-the-nfls-return-to-la

“Taxpayers come out surprisingly well. Not only is that $477 million St. Louis stadium subsidy off the table (for now) but the Inglewood stadium plan is fairly taxpayer-friendly: the city will kick back about $180 million worth of future sales taxes to pay for "infrastructure"—the scare quotes are because said infrastructure includes such non-infrastructure-y items as shuttle buses—but that's pretty cheap as stadiums go. Thanks to Los Angeles–area officials (and voters) steadfastly refusing to throw money at a team to induce them to relocate, plus the example of the successful team-funded 49ers stadium in Santa Clara—successful in terms of making money, at least, even if the problematic sod may be an embarrassing disaster at the upcoming Super Bowl—Kroenke is agreeing to foot most of his stadium bill. On the other hand, Spanos and Davis could try to use the next year to shake down San Diego and Oakland for more stadium cash, so public coffers aren't free and clear just yet.”

  

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Reminder, you dummies wanted a stadium in Inglewood [View all] , bignick, Mon Dec-17-18 10:50 AM
 
Subject Author Message Date ID
property value is going up..good for some..bad for some
Dec 17th 2018
1
Yeah: good for rich people, bad for poor people
Dec 17th 2018
2
theres also long time residents...people of color..who own homes there..
Dec 17th 2018
3
      It works out for some homeowners
Dec 17th 2018
4
Honestly, football stadiums don't create THAT many jobs.
Dec 17th 2018
6
that new stadium is a year round facility..with alot more going on
Dec 17th 2018
9
      So, shitty part-time jobs all year round then?
Dec 17th 2018
17
Youre right in some ways
Dec 17th 2018
10
LOL. You're still clinging to this debunked bullshit.
Dec 17th 2018
15
About that "jobs" thing.
Dec 17th 2018
16
Reminder, taxpayer funded stadiums for billionaires shouldn't be a thing...
Dec 17th 2018
5
taxpayers aren't paying for the stadium, but it's still spiking rates lo...
Dec 17th 2018
13
     
One of my all time favorite blogs
Dec 17th 2018
7
Thanks for this, good reading
Dec 17th 2018
11
What's wrong with California?
Dec 17th 2018
8
It’s mostly a LA thing
Dec 17th 2018
12
Phoenix is playin hardball on this, and will probably lose the team
Dec 17th 2018
14
Strictly numbers perspective SF taxpayers didn’t get hosed too bad
Dec 17th 2018
19
Warriors stadium is privately funded. However...
Dec 17th 2018
21
IRT LA, there also isn't a shortage of existing stadiums down here
Dec 17th 2018
22
Good read
Dec 17th 2018
20
Personally I was perfectly happy to live in a city without the NFL
Dec 17th 2018
23

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