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NFL stadiums (view source)

Revision as of 04:53, September 23, 2022

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In June 2021, the Buffalo Bills announced that they had retained Legends, a company co-owned by Cowboys owner Jerry Jones, to represent owners in their attempt to build a new stadium.  The Bills' current lease runs through the 2023 season.
 
In June 2021, the Buffalo Bills announced that they had retained Legends, a company co-owned by Cowboys owner Jerry Jones, to represent owners in their attempt to build a new stadium.  The Bills' current lease runs through the 2023 season.
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Although not disclosed in the announcement, these projects often impose massive new burdens on taxpayers. The Legends firm helped procure a new stadium for the Oakland Raiders in [[Las Vegas]], by building a new stadium there which costs taxpayers roughly $1 billion.<ref>https://www.reviewjournal.com/business/stadium/heres-a-look-at-the-finances-behind-1-9b-allegiant-stadium-2106708/</ref>
    
In 2022, the Bills then looted the taxpayers of [[New York]] for a new stadium as follows:
 
In 2022, the Bills then looted the taxpayers of [[New York]] for a new stadium as follows:
 
{{cquote|The stadium deal announced on March 28 commits the state to spending $600 million upfront to help cover construction costs. Erie County would put up $250 million. The state is also on the hook for $100 million over 15 years to cover stadium maintenance and repairs. The county and the state authority created to oversee the stadium would be obligated to kick in $180 million over the 30-year lease for capital improvements. '''''In total, the deal will cost state and county taxpayers $1.13 billion over the 30-year life of the lease'''''.<ref>https://www.investigativepost.org/2022/09/19/no-relief-for-local-taxpayers-on-bills-stadium/ (emphasis added)</ref>}}
 
{{cquote|The stadium deal announced on March 28 commits the state to spending $600 million upfront to help cover construction costs. Erie County would put up $250 million. The state is also on the hook for $100 million over 15 years to cover stadium maintenance and repairs. The county and the state authority created to oversee the stadium would be obligated to kick in $180 million over the 30-year lease for capital improvements. '''''In total, the deal will cost state and county taxpayers $1.13 billion over the 30-year life of the lease'''''.<ref>https://www.investigativepost.org/2022/09/19/no-relief-for-local-taxpayers-on-bills-stadium/ (emphasis added)</ref>}}
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Although not disclosed in the announcement, these projects often impose massive new burdens on taxpayers. The Legends firm helped procure a new stadium for the Oakland Raiders in [[Las Vegas]], by building a new stadium there which costs taxpayers roughly $1 billion.<ref>https://www.reviewjournal.com/business/stadium/heres-a-look-at-the-finances-behind-1-9b-allegiant-stadium-2106708/</ref>
   
== See also ==
 
== See also ==
  
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