CommonSense
Banned
Who the hell are you? GTFO.
A guy who doean't enjoy watching two dudes debate a topic that is 500000000 feet over thier heads.
Who the hell are you? GTFO.
A guy who doean't enjoy watching two dudes debate a topic that is 500000000 feet over thier heads.
Then GTFO or put us on ignore.
Nah i like most of what you post but you guys have no clue how this arena shit works man. Zero.
LOL Jamison will fuck up your whole team.
Edit: Nothing from Cleveland media. This is probably bogus.
Care to explain it to us then? Instead of telling us to stop talking about something basketball related, add something to the discussion.
First question is who owns the arena? The city or the Kings?
Then it goes to "how do we finance this facility?" ..sin tax? Deferred loans? etc.
First question is who owns the arena? The city or the Kings?
Then it goes to "how do we finance this facility?" ..sin tax? Deferred loans? etc.
My father was on the board for the Brown's stadium. It's not as easy as you are making it.
many have been going at it lately here. must be the lack of regular season games the last few days.
So in a situation like Sacramento where the owners are simply having to pony up $70 million dollars and the economy obviously hasn't fully recovered AND the franchise doesn't have any shot of competing in the near future with the big market teams, what argument could there be made for the tax payers spending what is sure to be hundreds of millions of dollars to keep the team?
First question is who owns the arena? The city or the Kings?
Then it goes to "how do we finance this facility?" ..sin tax? Deferred loans? etc.
My father was on the board for the Brown's stadium. It's not as easy as you are making it.
Because if it isn't an arena for the people then who the hell knows how that town would spend its money?
Public stadiums are good for business. always.
If that arena goes away where are those 10-15,000 people going to spend thier money and pay taxes? Out of town? Worse..out of county?
Again this isn't easy to explain nor justify in an internet post.
They call it an albatross. A mistake. Worst decision ever.
These are some of the ways Minneapolis leaders describe the bailout of Target Center in 1995.
Minneapolis owes roughly $55 million from its purchase of the arena. But the home of the Timberwolves -- which is managed privately -- also has taken annual operating subsidies of about $1.6 million from the city. New figures released last week predict that the city will have to spend more than $32 million over the next decade to keep Target Center up to date.
They're discussing basketball related stuff.
In the basketball thread.
I don't get your objection to their discussion. In both cases you listed, who's the ultimate financier? The tax base.
But that's myopic unless i see how the taxes are being collected. On foodstuff? Fuck you. On beer, smokes, and lottery? Go for it.
You are making too much sense.
Kings staying in Sacramento.
I think we need to quash this arena discussion for "basketball reasons."
So when diversions of the rich are paid for by the vices of the poor? That's good to you?
So Kobe suffered a broken nose and concussion? WTF is up with Wade injuring people?
So Kobe suffered a broken nose and concussion? WTF is up with Wade injuring people?
That is more poor governing than a stadium issue.A much bigger Cleveland Browns stadium takes in less than a million a year from the city.
I'm no expert, not trying to be an expert, just trying to discuss. This article doesn't take the jobs created by the stadium into account. It doesn't list the businesses, hotels, restaurants, etc that get business because there is a big game/concert on weeknights. It doesn't talk about the employees that work for the stadium. There is more to it than just the burden of the debt.
You're comparing the NFL and the Browns to a the NBA and Kings/TWolves? Come on man.
only takes 9 lbs of pressure to break a nose yo
kobe a puspus if he cant take on 9 lbs of pressure and not get concussed, all im sayin
only takes 9 lbs of pressure to break a nose yo
kobe a puspus if he cant take on 9 lbs of pressure and not get concussed, all im sayin
only takes 9 lbs of pressure to break a nose yo
kobe a puspus if he cant take on 9 lbs of pressure and not get concussed, all im sayin
JESUS FUCKING CHRIST GUYS CAN WE ALL STOP TALKING ABOUT IT
KOBE MOVED ON AND SO WILL YOU
With that being said, Freebirds just added Bacon to the available list of ingredients you can put in your burrito.
I'm about to go to town on this.
Nope im saying Minnesota is stupid for giving them 1.6 a year when a much larger stadium gets 300k...
Nope im saying Minnesota is stupid for giving them 1.6 a year when a much larger stadium gets 300k...
Yes because only the "poor" drink and smoke right?
You seem to be the one discussing things above your pay grade just based on what "daddy did."
Target Center hosts 41 Wolves game a year, however many WNBA games, plus concerts and other events. Shockingly, this costs more than 8 football games.
If that arena goes away where are those 10-15,000 people going to spend thier money and pay taxes? Out of town? Worse..out of county?
Again this isn't easy to explain nor justify in an internet post.
What about for jello noses?
Umm, the poor disproportionally drink, smoke, and play the lottery. Those are all of your "good taxes."
You seem to be the one discussing things above your pay grade just based on what "daddy did."
So I've been thinking, what exactly would Dwade be carried out on if that happened to him instead of Kobe last night? I'm saying a stretcher.
So I've been thinking, what exactly would Dwade be carried out on if that happened to him instead of Kobe last night? I'm saying a stretcher.
If the Hornets move to Seattle, do they switch divisions with OKC?
It’s the gift that keeps on taking. The old Giants Stadium, demolished to make way for New Meadowlands Stadium, still carries about $110 million in debt, or nearly $13 for every New Jersey resident, even though it is now a parking lot.
...
New Jerseyans are hardly alone in paying for stadiums that no longer exist. Residents of Seattle’s King County owe more than $80 million for the Kingdome, which was razed in 2000. The story has been similar in Indianapolis and Philadelphia. In Houston, Kansas City, Mo., Memphis and Pittsburgh, residents are paying for stadiums and arenas that were abandoned by the teams they were built for.
But befitting its name, Giants Stadium is the granddaddy of phantom facilities. Taxpayers in New Jersey, already under pressure from declining local government revenues, this year will pay $35.8 million in principal and interest on the $266 million in remaining bonds for the Meadowlands Sports Complex, which opened in 1976 and includes the Izod Center and a horse racing track. Those bonds will not be paid until 2025.
...
Rather than confront teams, they have often buckled when owners — usually threatening to move — have demanded that the public pay for new suites, parking or arenas and stadiums.
With state and local budgets stretched by the recession, politicians are only now starting to look askance at privately held teams trying to tap the public till.
“The Meadowlands wasn’t a bad idea, but rather than pay it off, they let it ride,” said Steven Malanga, a senior fellow at the Manhattan Institute, who has written about the perils of publicly financed stadiums. “Politicians essentially turned a good thing into a money loser for taxpayers at exactly the wrong time.”
If the Hornets move to Seattle, do they switch divisions with OKC?
That would make a ton of sense, and would help OKC's travel schedule (although being in the same division as Dallas and SA would be tough).
So Kobe suffered a broken nose and concussion? WTF is up with Wade injuring people?
God I hope the Lakers make the finals so Bynum can pippen wade. make it happen la.
Memphis and Houston too. You could end up with every team in the southwest making the playoffs.