Sports San Diego given SIX HUNDRED FIFTY MILLION DOLLARS...

Discussion in 'The Howard Stern Show' started by binhphuocngu, Mar 30, 2016.

  1. binhphuocngu

    binhphuocngu Well-Known Member

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    towards new stadium. Somehow, I have a feeling that this towns' leadership will find a way to fuck it up.
     
  2. SuperFarts

    SuperFarts Well-Known Member

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    Errr, "given"? By whom?

    Usually they float some tax or interest free debt notes.

    But ultimately the tax payer usually gets raped.

    "But the stadiums provide jobs, generate sales tax and tourism dollars".

    Mmm hmm.

    As Stadiums Vanish, Their Debt Lives On
     
  3. binhphuocngu

    binhphuocngu Well-Known Member

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    Chargers, NFL offer to pay $650 million of $1 billion stadium
    Posted by Michael David Smith on March 30, 2016, 9:08 AM EDT
    [​IMG]Getty Images
    The Chargers want to stay in San Diego, in a new stadium that will cost $1 billion. And they want a hotel tax to provide $350 million of that.

    According to the San Diego Union-Tribune, the Chargers’ plan for a new stadium would entail the team and the NFL paying $650 million, and a 4 percent increase in the hotel tax to provide the other $350 million for the total $1 billion cost of a new stadium.

    Under the proposal, the Chargers would keep game-day revenue and sign a lease of at least 30 years, while San Diego would get revenues from other events that take place at the stadium.

    By the standards of new NFL stadiums, that’s a fairly good deal for the community: Usually it’s the taxpayers who foot the bulk of the bill, whereas in this case the taxpayers (out-of-town taxpayers visiting and staying in hotels) will only pay about one-third of the costs.

    However, there seems to be a strong sentiment in San Diego that the taxpayers shouldn’t pay anything. And if San Diego doesn’t agree with the $350 million hotel tax hike, this plan is going nowhere. In that scenario the Chargers would be going somewhere, likely north to share a stadium with the Rams in Los Angeles.
     
  4. Droog

    Droog Well-Known Member VIP

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    The Chargers look pretty stupid after getting their asses handed to them by the Rams. Here they were all primed to move and now they're stuck back in SD begging for money to build a new stadium.
     
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  5. chapped

    chapped Well-Known Member

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    They will ..
     
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  6. chapped

    chapped Well-Known Member

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    Fuck them....grew up a charger fan but sinice that faggot family doesn'tgive a shit about its fans they can eat a dick
     
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  7. DarkFriday

    DarkFriday Fired as a MOD...Twice. Gold

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    Word.
    But I will still watch them on TV for "free"
     
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  8. JesusTwinsBiggestFan

    JesusTwinsBiggestFan Well-Known Member

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    At the very least, we the people of san diego have not been rail roaded by some deal where we pay for a stadium. Other cities should catch on but they wont cuz the east coast will do anything to keep their teams including taking it in the ass
     
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  9. chapped

    chapped Well-Known Member

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    I am out of town so I haven't read what they are proposing yet... but Comic Con brings more money and positive exposure to SD than the chargers... so they sound come first...

    An interesting side note is the fact that 1090 Sports iso owned by John Moore who happens to own a ton of the land that would have to be bought so yeah a little bit of conflict of interest
     
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  10. Droog

    Droog Well-Known Member VIP

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    These asshole NFL owners want new stadiums every 20 years these days. Municipalities are realizing that they can't keep building stadiums only to tear them down and build another every few decades. The Pontiac Silverdome lasted 25 years and has been a ruin even since the Lions moved out in 2001. I guess they'll be wanting to replace Ford Field in another 10 years. By then a new stadium will run $1.5B
     
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  11. lovetalkradio

    lovetalkradio Well-Known Member

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    I don't know all the ins and outs of this, but if given a chance hopefully the people of SD will veto this.
     
  12. chapped

    chapped Well-Known Member

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    Fuck that!
    Did you know the NFL is registered as a non profit organization?
     
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  13. Angry Arab

    Angry Arab Well-Known Member VIP

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    This is a sweet deal for San Diego. The only public funds are coming from out-of-towners. They'd get a new convention center to keep comic-con too. Also SDSU likely gets a new stadium and SD possibly gets an MLS club. It's a win-win, a no-brainer.






    JUST FUCKIN TAKE THE DEAL! I WANT MY L.A. RAIDERS BACK!:pray:
     
  14. chapped

    chapped Well-Known Member

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    Fuck no...16% hotel tax??
    Comic Con hates that idea for a Convention Center expansion
     
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  15. BethSucks

    BethSucks Well-Known Member Staff Member

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    I have no problem with the hotel tax, I paid 15.5% in fucking Buena Park the other day when I took my kids to Knott's Berry Farm, but I don't think the split convention center idea is a winner.
     
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  16. chapped

    chapped Well-Known Member

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    Agree on the CC.... and I don't know dick about the tax to be honest...
    I love Knotts.... great park but they jacked up the food prices lasto year....
     
  17. BethSucks

    BethSucks Well-Known Member Staff Member

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    Still beats Disneyland by a mile on costs and they have all the shit for little kids in one area which cuts down on their meltdowns.

    If they want to do the stadium downtown take advantage of our weather to cut down costs and where that convention center expansion is incorporated make it an area like the back end of Petco where the little kids park is with restaurants, bars etc, that way you get revenue/taxes all year round.
     
  18. EndOfLine

    EndOfLine PLATINUM SPONSOR VIP

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    My favorite part of this is that the tax payers are paying for it, yet they'll still threaten to blackout the games that play in that stadium for the very same same tax payers if the games don't sell out.
     
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  19. bootyclause

    bootyclause Well-Known Member

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    How can you interpret this as "San Diego is being given 650 mil?" They have to pay 350 mil (plus the extra 500 mil that it will really cost which magically happens in any big project).

    Taxpayers have once again been raped under the illusion that a sports team will bring in magical jobs and tax revenue. The cities end up losing millions every single time this happens.


    There should be criminal investigations every time a local government hands out tax money for sports teams. It's totally insane.
     
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  20. Angry Arab

    Angry Arab Well-Known Member VIP

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    What exactly is a hotel tax? The way I've read it is that San Diegans won't be paying for anything unless they stay in hotels in their own city. The cost will be footed by visitors, won't it?