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re: Rams new stadium costs pass $4 billion, more than double any other U.S. stadium

Posted on 5/17/18 at 10:39 am to
Posted by slackster
Houston
Member since Mar 2009
84871 posts
Posted on 5/17/18 at 10:39 am to
quote:

how does one become 2 billion off their estimates?



I wish it worked both ways too.

"Rams estimated the stadium would cost $2.3B, but total costs came in at only $300MM."

Posted by Chad504boy
4 posts
Member since Feb 2005
166247 posts
Posted on 5/17/18 at 10:40 am to
quote:

So you pay $100k for the seat license, just for the right to buy $375 tickets for each game.


is this real life?
Posted by Peazey
Metry
Member since Apr 2012
25418 posts
Posted on 5/17/18 at 10:42 am to
quote:

Going to be basically 100% corporate tickets




Cause that's how you develop fan support.
This post was edited on 5/17/18 at 10:43 am
Posted by slackster
Houston
Member since Mar 2009
84871 posts
Posted on 5/17/18 at 10:44 am to
quote:

Building in LA is expensive as shite even in relatively open, crappy areas.


Yeah, but they knew that when they projected the original cost. It's not like the said it would be $2B, then realized it was in LA.
Posted by Speedy G
Member since Aug 2013
3900 posts
Posted on 5/17/18 at 10:52 am to
For 8 games per season.

Baseball parks should be aesthetically pleasing and family friendly. Football stadiums should be bare bones and maximize capacity.
Posted by Tigeralum2008
Yankees Fan
Member since Apr 2012
17134 posts
Posted on 5/17/18 at 11:02 am to
The Chargers are the REAL winners in this deal.

If they are only servicing a part of the debt that means they are getting a brand new stadium at a fraction of the cost that the Rams are paying.

Posted by High C
viewing the fall....
Member since Nov 2012
53790 posts
Posted on 5/17/18 at 11:18 am to
I guess this is how you force the NFL to stay in Los Angeles.
Posted by sms151t
Polos, Porsches, Ponies..PROBATION
Member since Aug 2009
139840 posts
Posted on 5/17/18 at 11:20 am to
The Rams did this when they opened the Dome as well
Posted by J Murdah
Member since Jun 2008
39784 posts
Posted on 5/17/18 at 11:26 am to
but does it have a pool?
Posted by lsufball19
Franklin, TN
Member since Sep 2008
64612 posts
Posted on 5/17/18 at 11:38 am to
quote:

So you pay $100k for the seat license, just for the right to buy $375 tickets for each game.

sounds like that's for the luxury boxes if I'm reading that right. The regular seats look like they're $1000 a seat which is fairly comparable to college athletic foundation dues
This post was edited on 5/17/18 at 11:43 am
Posted by SeeeeK
some where
Member since Sep 2012
28052 posts
Posted on 5/17/18 at 11:41 am to
quote:

Private or tax dollars?


In the end, the Mayor 3 terms down, will realize they got fricked in the arse by Stan.

They are claiming no money, but Stan doesn't build shite for free, there will be tax cuts, tax breaks, that will be uncovered in 5-10 years and LA will end up paying for almost all of it, in the end.

Dirty Stan doesn't build anything for free. He always gets tax breaks, tif cash, etc to build anything around the country(he builds all wal marts and leases to wal mart)
Posted by Dr RC
The Money Pit
Member since Aug 2011
58064 posts
Posted on 5/17/18 at 11:44 am to
quote:

Kroenke’s investment “is unprecedented,” a banker told Sports Business Journal.




Jerry spent something like $750 million of his own money on Cowboys Stadium and would have been on the hook for just as much as SK if the cost overrunns had gone as high as they are for this boondoggle of a stadium.
This post was edited on 5/17/18 at 2:04 pm
Posted by lsufball19
Franklin, TN
Member since Sep 2008
64612 posts
Posted on 5/17/18 at 11:45 am to
quote:

Cause that's how you develop fan support.

NFL teams are more worried about making money than fan support at games. They don't make their money on the cheap seats.
Posted by lsufball19
Franklin, TN
Member since Sep 2008
64612 posts
Posted on 5/17/18 at 11:46 am to
quote:

Jerry spent something like $750 million of his own money on Cowboys Stadium...

Sounds like that's half as much as what Kroenke is paying from his own money which is crazy
Posted by Dr RC
The Money Pit
Member since Aug 2011
58064 posts
Posted on 5/17/18 at 11:49 am to
quote:

Sounds like that's half as much as what Kroenke is paying from his own money which is crazy


Yea, I should not post before I'm done w/the post. It's a bad habit.

Anyway, I was trying to say Jerry paid 2/3 of the stadium and would have had to pay similar to what SK is paying too if Cowboys Stadium costs had shot up like they are for the one in LA.
Posted by hsfolk
Member since Sep 2009
18538 posts
Posted on 5/17/18 at 11:59 am to
as long as the stadium doesn't look as bad as the 49ers, for $1.3B it shouldn't look this cheap

Posted by GeauxHouston
Houston,TX
Member since Nov 2013
4388 posts
Posted on 5/17/18 at 12:02 pm to
I mean it is for two teams so I could see it being slightly more expensive than normal, but $4 bill seems excessive. (Plus the Chargers will move back to San Diego sometime soon).
Posted by hsfolk
Member since Sep 2009
18538 posts
Posted on 5/17/18 at 12:04 pm to
the Raiders new stadium in Las Vegas is going in at an odd location

LINK
Posted by htran90
BC
Member since Dec 2012
30110 posts
Posted on 5/17/18 at 12:07 pm to
And they won't even seat it all.
Posted by different arse
'Merica
Member since Apr 2014
4300 posts
Posted on 5/17/18 at 12:25 pm to
frick Stan Kroenke.
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