stadium-financing Page 9 - Sports News, Headlines & Highlights
Here's How Cobb County Will Pay For The Braves' Ballpark
Cobb County has released more details on proposed financing for a new stadium to host the Braves, after the team announced it will leave Atlanta after the 2016 season. It's a 30-year deal that will have Cobb County paying around 45 percent of construction costs, or $300 million....
Vikings Decide They Need More Public Money For Their New Stadium
Here's a quote from a Vikings executive that was said with a straight face:...
This Is The Best Idea For Stadium Financing We've Ever Heard
The use of taxpayer money to buy rich people new stadiums is as common as it is shameless. But one politician, currently trying to avoid throwing in tens of millions of dollars for a soccer stadium, has a brilliant idea: If a city or county pays for a large chunk of a team's home, they ought to own ...
The Chargers Want $700 Million In Public Money For A New Stadium
How to convince a city to buy you a brand new stadium in five easy steps, starring Chargers Chief Marketing Officer Ken Derrett:...
Glendale May Sell City Hall To Pay For The Coyotes
The day after a Stanley Cup; we all have hockey hangovers. I can't think of a better day for the Glendale, Ariz., City Council to quietly vote on an emergency measure that would, quite literally, sell City Hall to pay off its debts on Jobing.com Arena. ...
The Steelers Are Suing To Avoid Paying For More Seats At Heinz Field
Heinz Field is 12 years old. It's still in great shape, even if its playing surface never was. The Steelers have a waiting list for season tickets that stretches as far as the eye can see. But the stadium's capacity is just 65,500, one of the smallest in the NFL. So the Steelers would like to add an...
The Florida Panthers Want Broward County To Buy Them A New Scoreboard
The Panthers will appear before the Broward County Commission today, to argue that that the county should spring for $4.2 million to build a new scoreboard. As their neighbors to the south, the Marlins and Dolphins, struggle to win over increasingly skeptical taxpayers, maybe $4.2 million is a littl...
The Marlins Are So Bad, Businesses Don't Want To Open Nearby
Apologies if it seems that we're dwelling on the failures of Marlins Park—but there are oh so many of them, each more embarrassing than the last. This one's about that huge "economic impact" the new stadium was supposed to bring to the area. More than a year after the stadium debuted, not one single...
Panthers Owner Was At A "Closed" Council Meeting On Stadium Funding
Jerry Richardson has been aggressively seeking taxpayer money to fund upgrades to his 17-year-old stadium, despite leaked documents that show the Panthers are incredibly profitable. Here's another thing Charlotte residents didn't know until today: Richardson was invited to address the city council's...
The Kings Agreed To Opt Out Of Revenue Sharing, Because The NBA Sucks
When the prospective ownership group led by Vivek Ranadive managed to convince the NBA's Relocation and Finance Committee to keep the Kings in Sacramento, we pointed out that the main incentive driving the NBA's decision was most definitely the city of Sacramento's willingness to build a new publicl...
Dolphins Can't Get Public Funding, So They Won't Fix Up Their Stadium
There will be no renovation for Sun Life Stadium, after the Florida legislature declined to vote on a bill that would have cleared the way for nearly $400 million in taxpayer money. But if a stadium upgrade is so important, couldn't the Dolphins just pay for it themselves? "We have no intention of ...
The Kings Stay Home, As The NBA Plays Sacramento Like A Fiddle
So that's that. After three years of very public courtship from Seattle, three years of fans preparing for the worst, the Kings will remain in Sacramento. Yet it's the NBA that got everything it could have wanted from this whole ghoulish process....
As Sacramentans And Seattleites Fight To The Death Over The Kings, The NBA Counts Its Money
Three weeks from tomorrow, the NBA Board of Governors will vote on whether the Kings will be sold to Chris Hansen, who would move them to Seattle, or to a Sacramento group committed to keeping the team in town. They're bidding against each other, and no matter who wins, both cities will lose....
Miami Residents Will Vote On Whether To Publicly Finance The Dolphins' Stadium Renovations
The Dolphins, who own their own stadium, want $400 million worth of upgrades. And they want Miami-Dade County taxes to foot the bill for half. The excuses are familiar—we want to host Super Bowls, we could move to Los Angeles instead—but the battleground is unique. South Florida residents were burne...
Sanity: The Panthers Aren't Getting Taxpayer Money To Renovate Their 17-Year-Old Stadium
It's an inescapable conclusion at this point, but the NFL doesn't want a team in Los Angeles. A big empty lot, with the potential for a new stadium and team, is far more valuable to the league and the owners as a threat than as an actual franchise. As teams attempt to wring taxpayer money out of the...
The Panthers Want $200 Million In Public Funding To Renovate Their 17-Year-Old Stadium
Bank of America Stadium is a perfectly modern and lovely venue that hosts 10 football games a year. But Panthers owner Jerry Richardson wants more! He wants new escalators! A new video board! Better wi-fi in the stadium! And he wants you—the fan who already pays to attend games—to pay for most of th...
Five New Jersey Mayors Are Threatening To Withhold Police And Emergency Services From Next Year's Super Bowl
Many a lame observation has been made about the likelihood that next year's Super Bowl at MetLife Stadium will be ruined by bad weather like the stuff we've got now. It's silly. Rare is the storm that dumps a foot of snow on the New York metropolitan area, and rarer still is the football fan that wo...