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re: What is your take on pro sports clubs building stadiums with tax payer dollars?
Posted on 8/24/25 at 2:47 pm to Powerman
Posted on 8/24/25 at 2:47 pm to Powerman
The big problem is that the expensive stadiums don't have a long life of use anyway. Team owners compete non-stop. So, when you build a beautiful stadium for lots of money about 10 years later other teams will have nicer stadiums. So, the owner who coerced your city into the construction turns around and says: 'You need to build us an even better new stadium or I'm taking my team to a city that will.' Successful teams have all the leverage in the deal making.
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Posted on 8/24/25 at 2:55 pm to Powerman
Let's break this down for you simpletons. One property generates $10/year. 10% tax, the public gets $1. Property generates $100. Public gets $10. Clearly there is a path for more wealth with property 2. However, terms matter which OP clearly is leaving out to build his opinion/argument.
Posted on 8/24/25 at 2:55 pm to Powerman
I have no problem with using public funds for stadiums, if it structured so that the the tax generated by the stadium and team recoup the amount of funds paid by the govt. Arlington Texas has been doing this with 2 baseball stadiums and Cowboys stadium. The city always pays off their share early and the city continues to receive a great tax revenue from the stadiums. I think the city now owns the old baseball field after the dome stadium was built.
All the stadiums built in the DFW area have been huge successes in developing new tax bases all around them. It is literally a if you build it they will come situation ... if the city let's developers develop.
The Packers stadium is another example of the stadium being the catalyst for developing an area. What was a little stadium in the middle of nothing, now has new development all around it. I think the Vikings stadium resulted in the same.
All the stadiums built in the DFW area have been huge successes in developing new tax bases all around them. It is literally a if you build it they will come situation ... if the city let's developers develop.
The Packers stadium is another example of the stadium being the catalyst for developing an area. What was a little stadium in the middle of nothing, now has new development all around it. I think the Vikings stadium resulted in the same.
Posted on 8/24/25 at 3:14 pm to HeadCall
quote:
Poor people don’t entertain me though
Posted on 8/24/25 at 3:27 pm to Powerman
Municipal? Dont really care. Its shitty for sure, but thats the leverage the teams have.
Posted on 8/24/25 at 3:33 pm to Powerman
Corporate Welfare and extortion by cartels
Posted on 8/24/25 at 3:34 pm to Powerman
Positive ROI over X number of years and it's fine. I don't do economic develop and money turn over so I have to leave that to someone else. Might be akin to building a public hospital, I guess.
Posted on 8/24/25 at 3:41 pm to Powerman
quote:
The billionaire owners shouldn't be asking the peasants to pay for their stadiums?
This is just dumb. It’s economics. Does bringing in X number of games, events and visitors in a city generate enough revenue to provide a service such as a stadium.
Let the voters decide based on the information.
If these evil, awful billionaires pay for the stadium, that’s fine too but just know either way, the peasants filling the stands will pay for it.
How many hotels, restaurants and other services would cease to exist if the Saints didn’t play in the dome?
Posted on 8/24/25 at 3:43 pm to Powerman
I don’t disagree with your position but where is that line drawn for recreational investments by local governments. Lots of municipalities have smaller complexes where local schools compete, is that out as well?
Posted on 8/24/25 at 3:53 pm to Bestbank Tiger
quote:
It's corporate welfare
This is all that needs to be said.
Posted on 8/24/25 at 3:57 pm to CDawson
quote:
How many hotels, restaurants and other services would cease to exist if the Saints didn’t play in the dome
It's NOLA. None. But good point. What happened to the hotel/motel tax that was supposed to pay for a new stadium?
But back to your question. I do not believe any hotel, in any major sports city, would see anything other than a small dip, at most, in revenue without the sports facility. Too much going on in every one of those cities.
Posted on 8/24/25 at 4:03 pm to UtahCajun
quote:
But back to your question. I do not believe any hotel, in any major sports city, would see anything other than a small dip, at most, in revenue without the sports facility. Too much going on in every one of those cities.
Agree, but many of those events are still held in those sports stadiums. Concerts, truck pulls, etc.
Posted on 8/24/25 at 4:06 pm to CDawson
quote:
Agree, but many of those events are still held in those sports stadiums. Concerts, truck pulls, etc
True, but who gets the rent for it?
Posted on 8/24/25 at 4:08 pm to Powerman
Really? The ROI is usually outstanding.
Posted on 8/24/25 at 4:15 pm to Powerman
CORPORATE Welfare.
Posted on 8/24/25 at 4:18 pm to Powerman
quote:
What is your take on pro sports clubs building stadiums with tax payer dollars?
If they are going to use tax payer money to build the stadiums then tickets should be free.
Posted on 8/24/25 at 4:18 pm to Powerman
That being the case, maybe they shouldn’t be using the people’s stage for their political and social commentary.
Posted on 8/24/25 at 4:34 pm to Powerman
quote:
What is your take on pro sports clubs building stadiums with tax payer dollars?
I disapprove of it. Highly.
Posted on 8/24/25 at 4:41 pm to Powerman
The Chiefs and Royals are currently pitting KCMO against Overland Park KS. Both teams have their current contracts expiring in 2031 with KCMO and they want local taxpayers to spend billions on new stadiums.
Arrowhead stadium has become one of the NFL's most iconic stadiums because it is a relic of the early 70's and it's quite plain, functional and great for the fans who like old school outdoor football. A new stadium cannot be built in the same manner of construction as Arrowhead. New building codes won't allow such construction, however, if the Chiefs stay at Arrowhead and revamp it the way Green Bay did Lambeau field then the Chiefs can retain the current stadium bowl design and seating. The Chiefs should keep Arrowhead and configure the parking lot and stadium upgrades to accentuate the current stadium design, much like Green Bay did at Lambeau Field.
This ^^^^ is what the Chiefs should do because the Royals are definitely leaving the Truman Sports complex where both teams are currently located
Arrowhead stadium has become one of the NFL's most iconic stadiums because it is a relic of the early 70's and it's quite plain, functional and great for the fans who like old school outdoor football. A new stadium cannot be built in the same manner of construction as Arrowhead. New building codes won't allow such construction, however, if the Chiefs stay at Arrowhead and revamp it the way Green Bay did Lambeau field then the Chiefs can retain the current stadium bowl design and seating. The Chiefs should keep Arrowhead and configure the parking lot and stadium upgrades to accentuate the current stadium design, much like Green Bay did at Lambeau Field.
This ^^^^ is what the Chiefs should do because the Royals are definitely leaving the Truman Sports complex where both teams are currently located
Posted on 8/24/25 at 5:10 pm to Powerman
quote:
I think it's one of the most despicable things possible personally.
These franchises are valuable and in demand.
I don’t think anyone wants to do it In a vacuum.
But if you want a franchise or want to keep a franchise it’s the cost of doing it.
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