Difference between revisions of "NFL stadiums"
(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 is costs taxpayers $1B) |
(In 2022, the Bills then looted the taxpayers of New York for a new stadium as follows) |
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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. | ||
| + | |||
| + | 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>}} | ||
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> | 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> | ||
Revision as of 04:52, September 23, 2022
NFL stadiums are almost always built on the backs of taxpayers. Judith Grant Long, an urban expert, estimates that on average each NFL stadium received about $60 million more in taxpayer funding than the average Major League Baseball stadium obtained.[1]
For every NFL stadium constructed between 1990 and 2010, taxpayers were bilked an average of $262 million.[1]
Buffalo
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 2022, the Bills then looted the taxpayers of New York for a new stadium as follows:
| “ | 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.[2] | ” |
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.[3]
See also
References
- ↑ 1.0 1.1 https://www.huffingtonpost.com/entry/taxpayers-nfl-stadiums_55f08313e4b002d5c077b8ac
- ↑ https://www.investigativepost.org/2022/09/19/no-relief-for-local-taxpayers-on-bills-stadium/ (emphasis added)
- ↑ https://www.reviewjournal.com/business/stadium/heres-a-look-at-the-finances-behind-1-9b-allegiant-stadium-2106708/