New Stadium for the Redskins being planned . . .

[saden1]

Originally Posted by 44Deezel

Isn't DC a little different, since it doesn't reside within a state? It's a 10 x 10 square. Isn't DC somewhat dependent on residents of MD and VA? It would seem to me that 70K plus non-DC residents driving into DC to spend money would be a good thing.

The other stadiums cited in the video are in states where just about everyone attending the game already lives in the state in which the stadium resides. I guess NJ is the exception, but I imagine a lot of people attending Giants and Jets games live in NJ as well. Maybe I'm wrong.

1. I really doesn't matter where the stadium is (NY and NJ said no to public financing). There are finite number of seasonal jobs created and the tax revenue received from these job and the sale of any goods is insufficient to cover the amount of money taxpayers cough up before teams ask for a new stadium.

2. If the baseball team gets a stadium the football team will ask for one and vice verse. When owners ask for a new stadium it essentially amounts to asking for a ransom...Pay us or we will move and find someone else to pay us....I don't know about you but the idea of paying a ransom doesn't appeal to me, especially if I am not getting my money's worth.

3. People don't spend more money to go to games, they shift that money from other things like going out to dinner or the movies. This means the state isn't receiving tax revenue from these other businesses.

4. Studies after studies have shown the only people a new stadiums makes money for are the people building it, playing in it and team owners.

[Giantone]

Originally Posted by saden1

1. I really doesn't matter where the stadium is (NY and NJ said no to public financing). There are finite number of seasonal jobs created and the tax revenue received from these job and the sale of any goods is insufficient to cover the amount of money taxpayers cough up before teams ask for a new stadium.

2. If the baseball team gets a stadium the football team will ask for one and vice verse. When owners ask for a new stadium it essentially amounts to asking for a ransom...Pay us or we will move and find someone else to pay us....I don't know about you but the idea of paying a ransom doesn't appeal to me, especially if I am not getting my money's worth.

3. People don't spend more money to go to games, they shift that money from other things like going out to dinner or the movies. This means the state isn't receiving tax revenue from these other businesses.

4. Studies after studies have shown the only people a new stadiums makes money for are the people building it, playing in it and team owners.

You're right and wrong .


Baseball has nothing to do with Football stadiums ,it didn't in NY/NJ.



AS for # 3 you are 100% dead wrong ,have you been to a parking lot at Fed Ex ,have you seen what these people spend on tailgating ???People who buy season tickets have the money or figure a way ...maybe sell a game or two or go in as a whole family (as we did in NY,7 of us) .You make it sound like people will starve first to see a game and it's just not so .

#4) Again you are wrong ,if you have a good stadium and a good marketing team they can make money .Scroll down and see ,NJ makes money at Met Life !MetLife Stadium - Wikipedia, the free encyclopedia

[NC_Skins]

Originally Posted by Giantone

#4) Again you are wrong ,if you have a good stadium and a good marketing team they can make money .Scroll down and see ,NJ makes money at Met Life !MetLife Stadium - Wikipedia, the free encyclopedia

I'm sorry. Exactly where in that link does it show NJ makes money from the stadium? Have you got a breakdown between the costs of maintenance vs the income they receive?

If you are pointing to the concerts as the revenue, I have to remind you that it's the artists/performer who nets most of that money, not the venue.

I'm almost 100% sure that NJ lost money during the Super Bowl.


In Stadium Building Spree, U.S. Taxpayers Lose $4 Billion - Bloomberg

As per norm, Giantone doesn't know what he's talking about. Most cities lose out with new stadiums. The studies have been done.


I can post many articles and reports saying the same thing. It's all contradictory to what the NFL promises.

http://web.williams.edu/Economics/wp...nSuperbowl.pdf

[Giantone]

Originally Posted by NC_Skins

I'm sorry. Exactly where in that link does it show NJ makes money from the stadium? Have you got a breakdown between the costs of maintenance vs the income they receive?

If you are pointing to the concerts as the revenue, I have to remind you that it's the artists/performer who nets most of that money, not the venue.

I'm almost 100% sure that NJ lost money during the Super Bowl.


In Stadium Building Spree, U.S. Taxpayers Lose $4 Billion - Bloomberg

As per norm, Giantone doesn't know what he's talking about. Most cities lose out with new stadiums. The studies have been done.


I can post many articles and reports saying the same thing. It's all contradictory to what the NFL promises.

http://web.williams.edu/Economics/wp...nSuperbowl.pdf

AS I pointed out NY/NY didn't I did not say all and as always you are getting things mixed up again ,we were talking about financing the stadiums not infrastructure and up in NY/NJ it was the NY/NJ Metropolitan stadium authority that was responsible for the infrastructure .AS for making money the statement was made that the only people making money on New Stadiums were the" owners,builders and players" and I said that wasn't and still isn't true now I'll admit it might not be in the billions but NY/NJ MSA is making some money off the concerts and other events ,who do you think gets the parking money ?I guess you think that the restaurants bars and hotels made no money during the Superbowl that they additional traffic doesn't pay tolls on the turnpike ???

[Giantone]

Originally Posted by NC_Skins

I'm sorry.


In Stadium Building Spree, U.S. Taxpayers Lose $4 Billion - Bloomberg

As per norm, Giantone doesn't know what he's talking about. Most cities lose out with new stadiums. The studies have been done.

At what point did I say "all stadiums built" , your link is talking about over all including baseball and soccer . Not Met Life in NJ, show me that article where the taxpayers paid for that stadium and then you would be right ...but you are not, as always .

[SmootSmack]

Originally Posted by Giantone

At what point did I say "all stadiums built" , your link is talking about over all including baseball and soccer . Not Met Life in NJ, show me that article where the taxpayers paid for that stadium and then you would be right ...but you are not, as always .

Just like FedEx-physical stadium privately financed, surrounding infrastructure funded by taxpayers

[Giantone]

Originally Posted by SmootSmack

Just like FedEx-physical stadium privately financed, surrounding infrastructure funded by taxpayers

Exactly!!!

[saden1]

Originally Posted by SmootSmack

Just like FedEx-physical stadium privately financed, surrounding infrastructure funded by taxpayers

Cook paid 180 million and the tax payer paid 70 million. What infrastructure did tax payers pay for exactly? The road to enter and exit the stadium? Or perhaps I missed all the hip go-to spots near the stadium.

[Giantone]

Originally Posted by saden1

Cook paid 180 million and the tax payer paid 70 million. What infrastructure did tax payers pay for exactly? The road to enter and exit the stadium? Or perhaps I missed all the hip go-to spots near the stadium.

Pretty clear that you have never been to Fed Ex ,good night .

[NC_Skins]

Originally Posted by saden1

Cook paid 180 million and the tax payer paid 70 million. What infrastructure did tax payers pay for exactly? The road to enter and exit the stadium? Or perhaps I missed all the hip go-to spots near the stadium.

That's a good question. I would like to see exactly what roads and other infrastructure that was built.

Cooke agreed to build the stadium contingent on the terms that the city would assume responsibility for the infrastructure and parking. - See more at: FedEx Field, Washington Redskins football stadium - Stadiums of Pro Football

According to this, they had to pay for the parking. Does the county get parking fees or do they go to Danny? If the fees go to Danny, I have a huge problem with this.


Also, it looks like parking prices have gone up.

Redskins parking fees at FedExField skyrocket - DC News FOX 5 DC WTTG

[SmootSmack]

Originally Posted by saden1

Cook paid 180 million and the tax payer paid 70 million. What infrastructure did tax payers pay for exactly? The road to enter and exit the stadium? Or perhaps I missed all the hip go-to spots near the stadium.

land, roads, power lines, sewer services. I don't think I ever said it was an equal amount of money paid by Cooke and his investors and the taxpayers

[saden1]

Originally Posted by NC_Skins

I'm sorry. Exactly where in that link does it show NJ makes money from the stadium? Have you got a breakdown between the costs of maintenance vs the income they receive?

If you are pointing to the concerts as the revenue, I have to remind you that it's the artists/performer who nets most of that money, not the venue.

I'm almost 100% sure that NJ lost money during the Super Bowl.


In Stadium Building Spree, U.S. Taxpayers Lose $4 Billion - Bloomberg

As per norm, Giantone doesn't know what he's talking about. Most cities lose out with new stadiums. The studies have been done.


I can post many articles and reports saying the same thing. It's all contradictory to what the NFL promises.

http://web.williams.edu/Economics/wp...nSuperbowl.pdf

It's pretty hard to argue with his tight logic.

In our world if you have 500 dollars to spend and you spend it all on tailgating you aren't going to spend it at the local restaurant. In Giantone's world people don't have finite discretionary income and you don't have to make an either/or decisions.

In our world when the billionaire baseball owner threatens to leave town unless the public finance his new stadium the billionaire football owner is likely to ask for the same deal. In Giantone's world baseball and football have nothing to do with each other.

In our world the stadiums mostly generate seasonally low wage jobs and the tax payer never recoups the money they put in to building it. In Giantone's world everyone makes money and that's that.

[Giantone]

Originally Posted by saden1

It's pretty hard to argue with his tight logic.

In our world if you have 500 dollars to spend and you spend it all on tailgating you aren't going to spend it at the local restaurant. In Giantone's world people don't have finite discretionary income and you don't have to make an either/or decisions.

In our world when the billionaire baseball owner threatens to leave town unless the public finance his new stadium the billionaire football owner is likely to ask for the same deal. In Giantone's world baseball and football have nothing to do with each other. .

Can you read at all ????

[saden1]

Originally Posted by Giantone

Can you read at all ????

I read you signature and I found your posts wanting.

[Giantone]

Originally Posted by saden1

In our world when the billionaire baseball owner threatens to leave town unless the public finance his new stadium the billionaire football owner is likely to ask for the same deal. In Giantone's world baseball and football have nothing to do with each other.
.

In the two stadiums being discussed they don't ,Fed Ex and Met Life in NJ . Now prove me wrong .