Once again, the average schmuck subsidizes the lifestyles of multi-millionaire athletes. Even with these huge tax subsidies, many people are priced out of buying tickets to games.
I remember when they built a stadium for the Titans when they first moved to Nashville. Paid for by the taxpayers. There was even a referendum about the taxpayers paying for it (it passed, because Nashville has always wanted to be just like other major cities, even if it is impractical)
What happened to it?
Didn’t they just build a new stadium in Nashville in the late 90s or early 2000s?? Are they talking about replacing a 20-year-old Stadium?? It’s already too old and obsolete?
John Cooper
Is he the brother of Jim Cooper the Democrat US congressman from Nashville area ???
Just as crooked ...
All the studies show that new stadiums don’t generate new income. They just move entertainment dollars away from existing businesses to the stadium resulting in no net gain in tax revenues.
Why should the taxpayers of the entire state be stuck with the bill when the vast majority of them will never attend a game? It should be the taxpayers of Nashville/Davidson County or at most the taxpayers of the Nashville metropolitan area. If there is any economic benefit to having the Oilers there, that’s the part of the state which benefits.
Why not bill the gambling interests that now pretty much control sports?
I have never been in favor of buying stadiums for billionaires or anyone else. I was pleasantly surprised that Ron De Santis made a law against that type of cronyism in Florida.
The Oilers played this scam on Houston and we did not bite, so the Oilers left! You know that the additional number of cities which can support a NFL team is mostly down to zero. So Nashville and Tennessee save the taxpayers 1.4 billion dollars!
I just love how businesses cannot afford their building to operate so government needs to help. I suggest Nissan North America with 35,000+ Employees call up the State and Local Government to help.......
If the state (tax payers) do not pay for a new stadium, then the owner threatens to move the team to another city that will pay for a new stadium.
State governments have so much money, they are literally awash. Yet they spend it on waste as their pension system goes broke.
We should have a 10% federal tax and a 5% state tax and there should be a required balanced budget and defined benefit pension plan in balance. as well as a rock solid SS and medicare system.
But noooo, they waste trillions and say they need more money.
And here’s the best part….Nashville has been for a while and continues to become a radical, liberal, hipster enclave.
The last mayor was a Dem. The new one is a straight up leftist. And if I’m not mistaken, both carpetbaggers.
Haha! The government should never build work places for private corporations. Government lawyers always approve contracts that are not in their clients interests free from fear of repercussions. Also, the ROI on these things never pan out.
An out of towner staying at a Nashville area hotel has to fork over taxes on a new sports facility that benefits them nothing. We call that legalized stealing by government.