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Tennessee Titans join Buffalo Bills in landing state funds for stadium. Could Carolina Panthers be next?
Charlotte Business Journal ^ | Oct 17, 2022 | Erik Spanberg

Posted on 10/22/2022 9:31:47 AM PDT by MinorityRepublican

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To: ProtectOurFreedom

The current Titans stadium is barely 20 years old.


41 posted on 10/22/2022 1:02:46 PM PDT by Blood of Tyrants (Inside every leftist is a blood-thirsty fascist yearning to be free of current societal constraints.)
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To: MinorityRepublican

More theft by government.


42 posted on 10/22/2022 1:49:23 PM PDT by joma89 (Buy weapons and ammo, folks, and have the will to use them.)
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To: MinorityRepublican

One of the Sand & Sandal documentaries claimed there were concessions at the Coliseum. So at a minimum I bet wine was sold. Not sure how big the Romans were on beer.


43 posted on 10/22/2022 1:56:26 PM PDT by C19fan
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To: qaz123

San Diego and St Louis just lost teams recently. That’s always the 1st look. Meanwhile OKC still wants a football team. Benson was used to threaten to move the Saints to San Antonio before Katrina. There’s ALWAYS some place to go.

Most of these failures have to do with team quality. Both NHL teams that were in Atlanta were TERRIBLE. Hard to build a fan base losing most of your home games. Win a bit, go deep in the playoffs, your like the Sharks or Knights. Winning gets fans. Right now the Bills are winning, if they go somewhere, tickets will sell.

Taxpayers always have a say. But they keep electing whores that love to prostitute themselves for business. Not just sports either. Any time a big business talks about a new HQ or factory the cities line up “what can give you to come here?” And businessmen are smart. Never pay for something you don’t have to. If multiple cities wants to build you a stadium, or a factory, then there’s really no reason to pay for one yourself.


44 posted on 10/22/2022 2:00:29 PM PDT by discostu (like a dog being shown a card trick)
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To: Blood of Tyrants

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Mayor’s Office
Media Release
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New Stadium Proposal Relieves Taxpayer Burden of at Least $1.75 Billion
Mayor Cooper and Tennessee Titans Agree on Terms That Return 66 Acres of Land Surrounding the Stadium for Future Park, Affordable Housing, and More
October 17, 2022
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Today, Nashville and Davidson County Mayor John Cooper and the Tennessee Titans announced they have agreed to terms for a new enclosed stadium that would relieve a nearly $2 billion burden on Nashville taxpayers by voiding the current lease agreement.

The lease for Nissan Stadium, signed in 1996, legally obligates Nashville to provide a “first-class” stadium until 2039. The Mayor’s Office worked with Metro Council to hire Venue Solutions Group (VSG), an independent and nationally recognized public facility consulting firm, to assess the condition of Nissan Stadium and estimate Metro’s financial obligation to the Titans. VSG estimates that renovating and maintaining Nissan Stadium would cost between $1.75 billion and $1.95 billion over the remaining 17 years of the current stadium lease. This liability would require general fund dollars that could otherwise support essential priorities like public schools and first responders.

Faced with the challenge of a $1.75B-1.95B unfunded liability on an aging stadium, Mayor Cooper pursued other options to shift the cost off the general fund. After months of negotiation, and with a generous contribution from the Tennessee State Legislature, the city and team have agreed to terms that would bring a new, enclosed stadium to Nashville at no cost to the city’s general fund. The enclosed option unlocks two revenue sources that wouldn’t otherwise be available – investments from the state and the hospitality industry.


45 posted on 10/22/2022 2:00:38 PM PDT by MinorityRepublican
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To: Blood of Tyrants
The current Titans stadium is barely 20 years old.

It's not old but but the Rams stadium in St. Louis had the same problem. When it was built, it was new. But 20 years later, it was no longer a "state of art" stadium". So it failed to meet the requirements of the lease.

46 posted on 10/22/2022 2:03:35 PM PDT by MinorityRepublican
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To: Dilbert San Diego

Because newer stadiums are more awesome. So now these other teams want their stadiums to be that awesome. Better seats, better jumbotrons, better hallways. Gift shops, museums. Etc etc.


47 posted on 10/22/2022 2:05:18 PM PDT by discostu (like a dog being shown a card trick)
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To: discostu
Because newer stadiums are more awesome.

You want to give Synder 2 billion dollars to build his sports palace?

48 posted on 10/22/2022 2:09:10 PM PDT by MinorityRepublican
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To: MinorityRepublican

I don’t want to give them anything. I’m just pointing out the cycle. Cities LOVE paying for high profile businesses to move in or stay in. Businesses love not paying for things. And as soon as there’s new hotness that’s newer than what these businesses didn’t pay for last time, they want even newer hotness. And as long as there’s one city without a team that wants a team this cycle will continue. Period.


49 posted on 10/22/2022 2:11:21 PM PDT by discostu (like a dog being shown a card trick)
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To: discostu

And an Art Museum, like at AT&T “Sta-Jum”.


50 posted on 10/22/2022 2:15:54 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: discostu

Supply and demand. There are only 32 NFL teams. If Buffalo can host a team, there are a lot of places an owner can take his team and pack the moving trucks and hit the highway like Robert Irsay did in 1984.


51 posted on 10/22/2022 2:16:46 PM PDT by MinorityRepublican
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To: discostu

All very true.

Especially the part about, whores


52 posted on 10/22/2022 2:22:21 PM PDT by qaz123
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To: Rummyfan
I remember Super Bowls being played in Detroit and Minnesota. I also note that the NFL has not been back to those locations either. No one but the respective fans of the participants wants to attend a Super Bowl in the north. Charlotte would be borderline. The one year Jacksonville hosted it was ridiculed as a one-horse town unsuited for hosting such a world-level event.

The Super Bowl in Jacksonville was Eagles Vs Patriots. There was in fact another Minnesota Super Bowl, 2017 in their new dome and it was Eagles vs Patriots.

As an Eagles fan every time they propose a super bowl in a place no fans would want to go I get excited, that will be one the Eagles go to.

53 posted on 10/22/2022 4:52:57 PM PDT by pepsi_junkie ("We want no Gestapo or Secret Police. FBI is tending in that direction." - Harry Truman)
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To: MinorityRepublican

Then why am I not entitled to have the city build me a new office? My business generates tax revenue for the state.

If a sport is popular enough and (supposedly) generates that much economic activity, then the team owners and the local businesses that lobby for the taxpayer to build their stadium can pay to build it themselves. If they can’t afford to build it, the team (business) can fail or go somewhere else.

Pro sports stadiums are a disgusting and expensive form of corrupt crony capitalism.

I am not in the least against pro sports. But not when money is confiscated from me to pad their coffers.


54 posted on 10/22/2022 5:29:12 PM PDT by ChildOfThe60s ( If you can remember the 60s.....you weren't really there..)
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To: pepsi_junkie
As an Eagles fan every time they propose a super bowl in a place no fans would want to go I get excited, that will be one the Eagles go to.

LOL!

55 posted on 10/22/2022 5:36:16 PM PDT by Rummyfan (In any war between the in civilized man and the savage, support the civilized man. )
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To: ChildOfThe60s
Pro sports stadiums are a disgusting and expensive form of corrupt crony capitalism.

Now they only last 25 years (Atlanta Braves, Texas Rangers, Tennessee Titans and formerly known as St. Louis Rams)

56 posted on 10/22/2022 5:49:27 PM PDT by MinorityRepublican
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To: MinorityRepublican
Update...

Not enough green? Buffalo Bills’ new $1.4B stadium won’t seek LEED certification

So much for principle, eh?

But it's OK when Deep State refuses to go green.

57 posted on 10/23/2022 9:23:41 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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To: MinorityRepublican

Mighty nice of them to relieve of us of this burden by giving us another, heavier burden.


58 posted on 10/23/2022 1:52:39 PM PDT by Blood of Tyrants (Inside every leftist is a blood-thirsty fascist yearning to be free of current societal constraints.)
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To: MinorityRepublican

So since taxpayers help build the stadium, I’m sure they’ll get a good discount on ticket prices, etc? /s


59 posted on 10/23/2022 1:54:07 PM PDT by pnz1 ("These people have gone stone-cold crazy")
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To: MinorityRepublican

Who paid for the new soccer stadium in Nashville? Too bad they couldn’t have just taken the old Titans stadium.


60 posted on 10/23/2022 1:55:19 PM PDT by pnz1 ("These people have gone stone-cold crazy")
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