Difference between revisions of "NFL stadiums"
Jump to navigation
Jump to search
(In 2022, the Bills then looted the taxpayers of New York for a new stadium as follows) |
|||
| Line 6: | Line 6: | ||
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. | ||
| + | |||
| + | 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>}} | ||
| − | |||
== See also == | == See also == | ||
Revision as of 04:53, 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.
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.[2]
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.[3] | ” |
See also
References
- ↑ 1.0 1.1 https://www.huffingtonpost.com/entry/taxpayers-nfl-stadiums_55f08313e4b002d5c077b8ac
- ↑ https://www.reviewjournal.com/business/stadium/heres-a-look-at-the-finances-behind-1-9b-allegiant-stadium-2106708/
- ↑ https://www.investigativepost.org/2022/09/19/no-relief-for-local-taxpayers-on-bills-stadium/ (emphasis added)