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New Stadium for the Redskins being planned . . .

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Old 09-03-2014, 05:30 PM   #10
saden1
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Re: New Stadium for the Redskins being planned . . .

Quote:
Originally Posted by NC_Skins View Post
You forgot the biggest detail of all. You forgot to subtract expenses (initial and reoccurring). Add up all the expenses on fire/rescue/police/road maintenance/ stadium maintenance/ etc... and subtract it from the revenue.
Don't forget to factor in opportunity cost!

Quote:
If you spend $70,000,000.00 on an unnecessary product or service, and you could otherwise invest that money for 30 years at 4%, then spending the $70,000,000.00 could cost you $161,944,861.02 in forgone interest earnings. This would bring the real price-tag of what you are spending your money on to $231,944,861.02. So the question you should ask yourself is: Is what I am spending my money on worth $231,944,861.02?
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