But the San Antonio taxpayers might be more amenable than KC taxpayers to pay for it.My guess is they’d consider that stadium out of date and in need of renovations too.![]()
Heck the greater St Louis area would probably want them and cover all costs.
But the San Antonio taxpayers might be more amenable than KC taxpayers to pay for it.My guess is they’d consider that stadium out of date and in need of renovations too.![]()
seems to me the system is working. The ownership of the team wants a new stadium and feels as if the citizens of Kansas city benefit from their use of it. The citizens don't agree....so the team ownership hunts around for some other city willing to provide a place for the chiefs to play...don't blame the chiefs for looking and don't blame the taxpayers for saying no.Just some tangential FYI:
There have been, IIRC, 17 "new" NFL stadiums built ("new" being since 2000).
Of them, I believe only 2 or 3 are NOT owned by some municipal or state government entity - creations like a County Authority, or some such thing.
This is done - largely - to try to obfuscate and provide some cover for using taxpayer funds.
Of course, the team then gets a comfortable long-term deal to use the stadium (usually after kicking in some portion of the construction costs) - until they find it to be outdated - at which point they demand a new stadium, or threaten to walk away from the facility (which, if they do, now becomes a worthless pile of construction materials that serves no other meaningful purpose).
A hell of a way to run a war.
IIRC - and this is OTTOMH - the Patriots stadium and the one for the Giants/Jets in NY, are a couple of the outliers that are not "governmental entity" owned (maybe also the monstrosity in LA that is shared by the Chargers/Rams.... but I'd have to take a closer look. Someone else may know).
The on-going one in Buffalo? I don't recall OTTOMH.... someone else may know.
Its no different than any other business relocating for a better deal.seems to me the system is working. The ownership of the team wants a new stadium and feels as if the citizens of Kansas city benefit from their use of it. The citizens don't agree....so the team ownership hunts around for some other city willing to provide a place for the chiefs to play...don't blame the chiefs for looking and don't blame the taxpayers for saying no.
Attaboy.If Franklin can’t get the renovations that he wants to Beaver Stadium, can he relocate Penn State Football? Maybe somewhere with better cell reception?
Yeah, but it took him a while to get there.Attaboy.
The city does not own the football team (nor does anyother government). https://www.profootballnetwork.com/who-owns-the-green-bay-packers/It can get contentious even if the city owns the stadium AND the team
It’s no different than any other business relocating for a better deal.
Check this out.I was just looking at NFL stadiums - but yeah, think it was privately funded.
is their lease up? Who decides what ‘needed’ renovations are?
Well taxpayer do foot the bill for some business rebates activities.This assumes taxpayers should foot the bill for private companies. Sure, most companies get tax breaks and/or other incentives to move to an area, but how many get half a billion dollars on the taxpayers back? Maybe Amazon.
Well taxpayer do foot the bill for some business rebates activities.
But my point -which i thought was clear-is that any private business can move for whatever reasons they see fit.
Do you think if this situation became more widespread, and more owners started footing the bill and taking a hit to the bottom line, the NFL might change its relocation discouragement policy?Except you're wrong; the NFL has a process for franchise relocation, and it's not a unilateral decision by the owner. They must first exhaust all reasonable options to stay where they are, and if that fails, must get approval by 75% of NFL owners. Relocation is strongly discouraged if the team is well supported and profitable. Whining for a new stadium and threatening to move if you don't get one might not qualify, especially since their options appear to be Kansas City, MO and maybe somewhere in Texas. Also note the Rams had to pay St. Louis $790mm to settle their relocation issue. So, not very clear I think since the NFL does what is best for the 'league' first and is very different than a regular privately owned business/company.
That's how many of them became insanely rich ----- no shame and being cutthroat.Let’s think about this for a moment. The $24.8 billion dollar Hunt family (owners of the Kansas City Chiefs), wants hard working American citizens to pay for a new stadium.
Some of the rich have no shame.
Do you think if this situation became more widespread, and more owners started footing the bill and taking a hit to the bottom line, the NFL might change its relocation discouragement policy?
And my point was that owners can decide to let each other do whatever they want.Do the taxpayers get any of the revenue from the TV contracts, ticket sales, merchandise sales, etc.? Do they go to games for free? What is their incentive to support the hobbies of billionaires? There are only so many cities in America that can support an NFL team. I don't think they'll change their policy because really, it's unlikely any owner would want to block the move of another. Still, my point was that owners can't just do whatever they want, and they can't.
Yeah, life sucks when your net worth is north of $2bn.The Hunt Family has very little in the way of income outside of the Chiefs. They’re one of the last franchises that’s like that. They have to lean on local and state government helping out with things like stadium upgrades and practice facilities.
I sometimes wonder what would happen if pro franchises had to operate like colleges do. Taking out absurd loans hoping that enrollment holds steady and they can keep attracting high end students who’ll pay the full boat or leaning on “boosters” to pony up big amounts of cash to fund their building sprees.
And how much of that is liquid?Yeah, life sucks when your net worth is north of $2bn.
Enough on which to more than comfortably live. He can put up the remainder as collateral for any capital projects he contemplates.And how much of that is liquid?
Yeah, life sucks when your net worth is north of $2bn.
Nothing in that article discussing the most pressing need - good cell phone reception.Jacksonville seems to be reaching a different decision. Though it's not something that requires a vote by the local population.
Nothing in that article discussing the most pressing need - good cell phone reception.
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Ah yes. Nothing like good old fashion extortion (threatening to move a team) if the billionaire owners don’t get their way.
The greed of some of the uber rich is never ending.
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Bill approved to lure Chiefs, Royals to Kansas
Kansas legislators approved a plan on Tuesday aimed at luring the Kansas City Chiefs away from Missouri by helping finance a new stadium for the Super Bowl champions, and another for Major League Baseball's Kansas City Royals.www.espn.com
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Bill approved to lure Chiefs, Royals to Kansas
Kansas legislators approved a plan on Tuesday aimed at luring the Kansas City Chiefs away from Missouri by helping finance a new stadium for the Super Bowl champions, and another for Major League Baseball's Kansas City Royals.www.espn.com
Dummies.
Maybe the taxpayers of Centre county should be asked to foot the bill for Beaver Stadium, else the PSU football team will pack up and move to the DuBois campus.Obfuscation, you say? Penn State and Centre County should form one of these entities right quick to cover Beaver Stadium renovations. How have they not already done this?