- Mar 4, 2006
- Reaction score
Agree.Taxpayers should not have paid a penny. They are paying 61% of the costs...and oh by the way...ticket prices will increase.
The NFL is paying 200M...the Bills 350M...and the TAXPAYER 850M.
The Bills are worth an estimated 2.27 Billion....with the old stadium. Their owner is the 8th richest owner in the NFL
The NFL hands out about 285 million per team/per year from national revenue.
My point is...its absolutely Ludacris that the taxpayer should be on the hook for any of this. The NFL could have financed this 30 year stadium plan entirely...for 50 million per year and simply deducted that 50 million from what the Bills were given in league revenue. The Bills still would have operated at a profit for the entire 30 years...their value would have massively increased, etc.
I am the biggest football fan there is, and I love the Cardinals....but I am firmly in the camp that taxpayers should NEVER be paying for a stadium when the NFL is raking in money.
NFL build the stadium...the city/tax payer can figure out the extra stop lights or freeway exit...or the extra cops needed those nights...those kinds of thing.
For $1.2 Billion? Insane.I think seats wear out and restrooms have to be redone plus updating scoreboards and other electronic doo dads
If they want to offer incentives for a team/nfl to invest the FULL cost of the stadium, I think that's great. It does bring jobs and revenue. They should never ask taxpayers, most of whom never have been fans..to foot the bill.I think these tax incentives/reduced rent deals should be taxable income to the clubs