Posted on 03/27/2018 4:17:17 PM PDT by Zakeet
That's billion with a big, old capital B
The Los Angeles Rams are currently engaging in one of the more aggressive construction builds in modern sports history, erecting a palatial tribute to west coast football out in Inglewood, California.
The NFL also recently announced it would be moving its NFL Media headquarters to the facility, and rumblings persist about the combine being shipped out of Indianapolis to Los Angeles. In short, this facility is not going to be just a stadium: it's going to a complex and headquarters for a billion-dollar industry.
The price tag for that HQ is skyrocketing, according to a report from Seth Wickersham of ESPN. Wickersham reported that the NFL owners are expected to vote at the owners meetings in Florida to raise the debt limit for the stadium, thanks in large part to the price tag having risen almost to an absurd $5 billion.
(Excerpt) Read more at cbssports.com ...
Isn’t Inglewood kind of a high crime area?
Cali costs that much more than elsewhere.
yet another reason to let the NFL die and quickly.
From the looks of it the stadium complex is replacing Inglewood.
That could easily be a billion for the retail space, a billion for office space, 1.5 billion EASILY for below-average LA-area housing... leaving 1.5 billion for two NFL teams and the NFL HQ.
The Mothership?
There is no comparison of LA fans (for the record I am from LA and lived there until I was 39). LA fans do not have the long term loyalty like the fans in: Chicago, Green Bay, Pittsburgh, New England and others. Instead the LA teams will sell out when they win, then be at 65% capacity during the lean years.
Why have so many teams fled LA (or Southern Cal)? Rams (twice), Oakland, Chargers (they started in LA) and Angels (from LA to Anaheim).
Had this been done 25 years ago things would be different and the main people to blame is the horrible LA Coliseum Commission.
Hope you are well, old friend, it has been awhile since we crossed paths!
I thought about you last year when my son had to go to S.F. for a convention. He texted me daily poop counts on his walkabouts through town and said he was never going back.
I don’t know about living in a complex with a football stadium, malls and other businesses. It seems too busy for me.
Too bad actually, because the Bay area is actually a spectacular locale for a city.
How many $25 stadium beers will it take to pay for this Titantic?
A stadium that will be half empty on game day
The teams will have moved before the stadium is finished.
Maybe in the off-season they can use it for a sunny, homeless camp.
$5B for a stadium in a town now populated with Hispanics on the dole who can’t afford the tickets, but not a dime for border security?
California logic
Think this is bad?
Check what is happening in Cincinnati, where a guy wants to build a $250 Million dollar pro soccer stadium with HIS OWN MONEY.
The Democrat city councils is demanding he spend more than $100 MILLION dollars funding the Social Justice agenda like building thousands of low cast housing and deeding it to the Soros Community Organizers.
It is INSANE.
Think this is bad?
Check what is happening in Cincinnati, where a guy wants to build a $250 Million dollar pro soccer stadium with HIS OWN MONEY.
The Democrat city council is demanding he spend more than $100 MILLION dollars funding the Social Justice agenda like building thousands of low cast housing and deeding it to the Soros Community Organizers.
It is INSANE.
Gotta have a stadium if you’re gonna give ‘em “BREAD & CIRCUSES.”
Two hundred million beers!
Maybe.
Would not a bailout plea have to get past President Trump first?
Given his temper and the way that California has been flipping him the bird, he just may decide to return the favor.
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