Author Topic: The Vegas Athletics  (Read 5867 times)

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Offline welch

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Re: The Vegas Athletics
« Reply #25: May 23, 2023, 03:48:29 PM »
Nashville didn't want to pay for a new Titans stadium but the state forced them to pay over $500 million to do so, so upset taxpayers mean pretty much nothing at this level of money. There's also plenty of bootlickers out there who go HUR DUR TOURISM DOLLARS to go along with all the super rich people who benefit from new stadiums. Billionaires, especially in sports, literally always win, always. The entire foundation of the country is built on that fact.

At least the blowback for public financing of the soccer stadium was so extreme that the billionaires who owned the team worked with the city to make the only public money spent was for new parking, roads, general infrastructure, with written contracts for $18/hr+ jobs minimum, and all local vendors. One of the few positive stadium deals I've ever seen.

I imagine Vegas works it out, there's too much money at stake here. They'll probably announce a "private investment" of the gap between the city and team that is just like a loan that the city owes the owner of the A's or some crap.

The City Council in New York had turned down the Yankees and the Mets. Mayor Bloomberg worked for years to find a way around the laws, but New Yorkers kept asking why we should pay for stadiums for private corporations. Somehow, maybe by magic, there is now a CitiField and a Yankee Stadium III. (The Yankees last won a pennant and a World Series in 2009...in the gut-rehabbed Yankee Stadium II. The Muts haven't won a World Series since 1986 -- in Shea. Could that be a punishment from the gods of baseball?)