[submarinerswife]

They need to get their facts straight. Ross has good reason to be ticked off.

Ross asked for the initiative to be voted on, he was promised that it would be brought up for a floor vote from the to Republican leader, himself.. He said he was lied to since they closed the session without bringing it to the floor.

Also, he was putting up 70% of his own money for the cost of the new stadium, asking only for 30% being subsidized from the tax payer

He said after this happened to him, he would make sure that he did every thing he could to get those who lied to him thrown out of office. He's making good on his promise.

[SoFloFreeper]

0% should be subsidized by the taxpayer.

He wants a stadium, he ought to pay for it. He isn’t gonna be sending dividend checks to the taxpayers.

[Notary Sojac]

asking only for 30% being subsidized from the tax payer

About 29.9999999998 percent too much IMO.........

[TaxPayer2000]

Also, he was putting up 70% of his own money for the cost of the new stadium, asking only for 30% being subsidized from the tax payer

Exactly 0% should be subsidized by the tax payer.

[skepsel]

Wow, only 30% huh?

Let him pay his own bills, if he wants to move the team, well, bye.

[Colonel_Flagg]

Also, he was putting up 70% of his own money for the cost of the new stadium, asking only for 30% being subsidized from the tax payer

We've just been through this in Minnesota with Zygmunt Wilf hijacking the taxpayers to the tune of $975 million for a new playground. One of our columnists finally got around to breaking down the numbers (the Minneapolis RedStar Tribune made some cash on this due to owning some land used in development). When you say an owner will put up 'his own money', this is what he means ...

"The city of Minneapolis is on the hook for $309 million in construction and operation costs for the new stadium. Throw in interest payments for 30 years and that becomes $678 million.

As a reminder, here’s the breakdown on the alleged $477 million the Vikings are putting into the $975 million project:

The $200 million “loan’’ from the NFL? The Vikings will pay that back with club seat money they would normally share with the league. Ninety-seven percent (31/32nds) of the money the Wilfs will use to pay back the NFL is money that would have gone to their NFL partners anyway.

Naming rights? With the economy rebounded (my note...'uh huh'...) and the NFL red hot, I’m estimating $10 million a year. Zygi won’t get it all up front, but he can take the deal to the bank, pick up a quick $150 million to $200 million and pay it off as the sponsor’s checks come in.

Let’s go with $100 million as Zygi’s remaining expense — and personal seat fees can cover as much of that as the Vikings have the audacity to extract."