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.