Ridiculous. NFL Stadium construction is funded by taxpayers to the tune of 68%

[Coffeed]

It feels like we are criticizing people who are good at making money for making money.

If a money making opportunity screws the tax payer, then the real threat is the city council or government people that allow it.

[Coach is Back!]

Most of them do.

Really? It's still a corporate business. I'm quite sure they draw a salary from it. You say they take most of the profits? What do you think the profit margins are and what percentage of that do you think they draw?

If you are signing checks for millions a year, then yes, you are probably making a decent amount.

It's ok to make a decent amount. They're smarter than us, they assume the risk but they also create the jobs and allow businesses to operate within the stadium to create even more jobs. And the problem is?

Last count of 31 owners (The Packers have shareholders) 18 of them are Billionaires... With a B.

Good for them. I'm sure ANYONE on here would jump at the chance to trade places with one of them.

Billionaires taking money from working stiffs seem ok to you Coach?

They're not

Seems to me that it's socialism... Taking money from the masses and giving them to the wealthy class.

[TuHolmes]

I'll give you that they are smarter than you Coach.

I never said being a billionaire was bad.

What I said was that being a billionaire and taking tax payer dollars so they don't have to pay for something is patently wrong.

It's just like taking tax payer dollars and giving it away in welfare.

It's just welfare to be people who already have money and definitely don't need it.

My guess it has more to do with politicians than what the people want. The influx of cash and growth just seems like low hanging fruit for some politician to put that feather in their hat.

But honestly, I have no idea... if a city is big enough to financially support/warrant a sports team then it's probably a foregone conclusion that enough people will be in favor. After all, people with jobs want something to do.  I mean, I think, who is voting against a stadium in or near their city? It's probably mostly people with jobs who care about the negatives associated with the impact that stadium will have. That, to me, seems like a voting minority.

It's a feel good pile of crap. Definitely political.

It's stupid though. Like I mentioned, the money influx into LA for an NFL team is absolute pennies compared to the economy of the area.

18 million people in the greater LA area and we think selling a million and 1/2 tickets and crap a year makes sense? Just for the teams to leave again.

At least when they used the LA memorial coliseum it made sense as it's been there for 100 years.

[The True Adonis]

I'll give you that they are smarter than you Coach.

I never said being a billionaire was bad.

What I said was that being a billionaire and taking tax payer dollars so they don't have to pay for something is patently wrong.

It's just like taking tax payer dollars and giving it away in welfare.

It's just welfare to be people who already have money and definitely don't need it.


It's a feel good pile of crap. Definitely political.

It's stupid though. Like I mentioned, the money influx into LA for an NFL team is absolute pennies compared to the economy of the area.

18 million people in the greater LA area and we think selling a million and 1/2 tickets and crap a year makes sense? Just for the teams to leave again.

At least when they used the LA memorial coliseum it made sense as it's been there for 100 years.

Exactly.  If we HAVE to spend tax dollars on entertainment, why not billions funneled to video games?  At least the govt and people could potentially get the money back and the video game company could also make a profit.

The way its set up with Sports teams, the people get screwed.  Its funny, because all it takes is a measley 100 yards for a childrens game to be played.  They have enough High School stadiums already built across the country for the moron NFL teams to play their children's game in.  Maybe they oughta consider that.  Go play in the ghettos and see if they can generate supposed revenue for that town.

[CARTEL]

Seems like a Super Bowl brings a shit ton of money to the local economy through hotels, taxis, restaurants, strip clubs, etc.

It's not like these are open 8 times a year. Concerts, college football games, boxing matches go on all through the year. Concessions bring in a grip of money. Beers are expensive.

[Coach is Back!]

I'll give you that they are smarter than you Coach.

I never said being a billionaire was bad.

What I said was that being a billionaire and taking tax payer dollars so they don't have to pay for something is patently wrong.

It's just like taking tax payer dollars and giving it away in welfare.

It's just welfare to be people who already have money and definitely don't need it.


It's a feel good pile of crap. Definitely political.

It's stupid though. Like I mentioned, the money influx into LA for an NFL team is absolute pennies compared to the economy of the area.

18 million people in the greater LA area and we think selling a million and 1/2 tickets and crap a year makes sense? Just for the teams to leave again.

At least when they used the LA memorial coliseum it made sense as it's been there for 100 years.

I would venture to say that they're "smarter" than all of us otherwise those who want to be that same position would.

This is a good explaination of what I'm saying. It does more good than harm.

https://en.m.wikipedia.org/wiki/Stadium_subsidy

[The True Adonis]

I would venture to say that they're "smarter" than all of us otherwise those who want to be that same position would.

This is a good explaination of what I'm saying. It does more good than harm.

https://en.m.wikipedia.org/wiki/Stadium_subsidy

Albert Einstein was smarter and he didn't have a billion dollars.

[Mr.1derful]

[Walter Sobchak]

Albert Einstein was smarter and he didn't have a billion dollars.

But Einstein would know that not all taxpayer funding is forgivable grants, some of it is loans. He'd also know the benefit of tax revenue generation from public entertainment events.

So if an NFL team has a payroll of $200,000,000 and tax on that is 8%......what idiot would advocate funding video games?

Don't bother trying to answer. I used to think you were trolling, but now I realize you really are just brick stupid

[The Scott]

The NFL?  Screw 'em.

[TuHolmes]

I would venture to say that they're "smarter" than all of us otherwise those who want to be that same position would.

This is a good explaination of what I'm saying. It does more good than harm.

https://en.m.wikipedia.org/wiki/Stadium_subsidy

No. It doesn't. Your own wiki link even talks about it.

It doesn't do more good than harm at all.

[SilverSpoon]

TA, I completely agree with you on this one.

Jeff Lurie, current owner of the Philadelphia Eagles bought the team for approximately 200 million (If I recall correctly).  Lincoln Financial Field cost approximately 500 million, half of which was payed with taxpayer dollars (and it is a horrible stadium simply unable to generate any real revenue as they can NEVER host a Super Bowl--not that I care). 

Total investment for Lurie?  Approximately $450 million, and the team was valued at over 1 billion at the highest estimate.  Not a bad way to make half a billion dollars.

http://www.phillymag.com/citified/2015/03/23/public-financing-sports-stadiums/

[drkaje]

I have mixed feelings about the topic. Stadiums create some revenue for local economies, but I take issue at taxpayers being charged twice.

[The Scott]

I have mixed feelings about the topic. Stadiums create some revenue for local economies, but I take issue at taxpayers being charged twice.

Better to think than feel.  I think buying a house for someone else to live in that owes you no allegiance is ignorant and wasteful.  Especially when they charge you to come "visit" them.  Screw the NFL and other like sports.

[drkaje]

Better to think than feel.  I think buying a house for someone else to live in that owes you no allegiance is ignorant and wasteful.  Especially when they charge you to come "visit" them.  Screw the NFL and other like sports.

You don't want to subsidize businesses owned by millionaires?

[Tapeworm]

I doubt the sports team owns the stadium.  If it's city property like the roads or the courthouse then of course the taxpayers fund it.  The question then becomes whether those who use the stadium are paying the city enough to offset construction, upkeep, and associated costs.  If you're accountant enough you could subtract predicted associated tax revenue that would otherwise not have been generated.

[El Diablo Blanco]

The NFL itself is a tax exempt non profit org.  The teams though are not.  So the NFL has a lot of loopholes to make money for the teams.  Wonder how the gov even allows the NFL to be considered non profit when their leader Goodell makes $40 million a year.

[TuHolmes]

The NFL itself is a tax exempt non profit org.  The teams though are not.  So the NFL has a lot of loopholes to make money for the teams.  Wonder how the gov even allows the NFL to be considered non profit when their leader Goodell makes $40 million a year.

It's not tax exempt anymore.

That changed this year.

Mostly because of the bad PR.

[Walter Sobchak]

The NFL itself is a tax exempt non profit org.  The teams though are not.  So the NFL has a lot of loopholes to make money for the teams.  Wonder how the gov even allows the NFL to be considered non profit when their leader Goodell makes $40 million a year.

If the "Reverend" Jesse Jackson, Al Sharpton, and Louis Farrakhan have tax exempt churches, then why shouldn't the NFL be tax exempt?

That's fucking racist.

[The True Adonis]

Chruches should stay tax exempt.  Making them pay taxes only serves to give them more power and influence in government and gives them extra lobbying power.

Best to let Religion die a natural death, which it will in time.  No reason to invite their hooks into government via taxes.

[Walter Sobchak]

Chruches should stay tax exempt.  Making them pay taxes only serves to give them more power and influence in government and gives them extra lobbying power.

Best to let Religion die a natural death, which it will in time.  No reason to invite their hooks into government via taxes.

You're an idiot.

A complete toolbag.

[The True Adonis]

You're an idiot.

A complete toolbag.

And you are mentally inept who doesn't understand why its best to keep a strong separation between church and state.

[El Diablo Blanco]

Chruches should stay tax exempt.  Making them pay taxes only serves to give them more power and influence in government and gives them extra lobbying power.

Best to let Religion die a natural death, which it will in time.  No reason to invite their hooks into government via taxes.

I'm pretty sure they already have a major influence in all US politics tax exempt or not.

[TuHolmes]

I'm pretty sure they already have a major influence in all US politics tax exempt or not.

It is dwindling every day.

Look at how little people care about the President's religion today. There is maybe 20% of the voting public who puts their faith above the freedom and liberties of the country.

That percentage will continue to shrink.

While people may call themselves "Christians", they are keeping that in church and out of politics more and more.

[Walter Sobchak]

Chruches should stay tax exempt.  Making them pay taxes only serves to give them more power and influence in government and gives them extra lobbying power.

Best to let Religion die a natural death, which it will in time.  No reason to invite their hooks into government via taxes.

So you think Jesse, Sharpton, and Farrahkan have lobbying power?

All 3 of those race pimps should be in jail. They're as racist and crooked as you are stupid.

Eat cock you fake atheist knob gobbler