You’re a stubborn one, aren’t you? The Rams leaving may have added to the cities financial problems, but having the team there was a money loser regardless.
To begin with, the stadium costs the taxpayers $280 million dollars. Plus interest.
“To cover costs, the city paid about $6 million for annual debt service and maintenance for the stadium but collected only about $4.2 million in direct revenues from Rams games, according to the Mayor’s office.”
https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKCN0VC0EP
There were guaranteed sellouts, plus other financial benefits thrown at Madame Ram. Almost nothing was given Kronke to move the team back.
I’m just telling the facts. The facts are that the deal to get the Rams there included a guarantee that the stadium would stay in the top 25%. The city did not do what was necessary to maintain that. That’s what it all boils down to. $280 million 20 years earlier means NOTHING. The city failed to upgrade the stadium to keep it in the top 25%. PERIOD. If they city had kept their half the bargain the Rams would still be in St Louis.
Your problem is you’re obsessing on picayune details that MEAN ABSOLUTELY NOTHING. A lot happened to get the Rams deal together, including some very cheap land and the freedom for Kronke to do basically whatever he wanted with it. While from the angle you’re coming at that doesn’t seem like much. It is. You can tell because the Rams moved. Inglewood gave Kronke what he wanted. While that might not have been stuff in my original list it still matters, because my list was just examples of what often is included in these kind of deals. Wasn’t doctrine. Wasn’t saying those were in every deal. Simply that those were thing that often made these moves good business deals.
The Rams move was a good business deal. The details of which mean NOTHING. Stop obsessing on what doesn’t matter.
“To cover costs, the city paid about $6 million for annual debt service and maintenance for the stadium but collected only about $4.2 million in direct revenues from Rams games, according to the Mayor’s office.”
And if that were the math, then what the city would be complaining about was that ticket prices weren’t 50% higher...and always sold out.