Seawytch
Information isnt Advocacy
I do agree with you, I still don't get why they had to destroy these 30 ~40 year old domes. Hell Wrigley field is still fine over being a 100 plus years old.You have a major reading comprehension problem, that 6.5 million is just from players salary and the like....
From the link......
Mr. Walker praised the deal, passed with bipartisan support in the Legislature, as a sound investment that will return $3 in state taxes for every $1 invested.
While I lived there, Houston built 3 brand new stadiums, all with the promise of jobs, increasing the tax base, and rehabilitating the neighborhoods. Absolutely none of that took place; the neighborhoods are still in the same conditions they were before the stadiums and the city was furloughing employees well after the stadiums supposed benefits were supposed to have kicked in.
Yup...
Money for Nothing
It’s a pattern that has been repeating itself over the last 20 years among the nation’s professional sports leagues: Demolish an old sports stadium and then build a glitzier one. Some say these new stadiums particularly reflect the success of the National Football League, whose total revenue since 1995 is $99.4 billion. But a large part of the funding for most of these stadiums comes not from the pro leagues but from taxpayers.
Some critics see it as a form of corporate welfare, and what few people realize is that even after a stadium is torn down, taxpayer dollars can still go to paying off its debt.
For example, at the time it was demolished in 2000, the Seattle Kingdome, home to the Mariners and the Seahawks, had an outstanding government debt of $83 million, and when Giants Stadium was demolished in 2010, it had a government debt of $266 million, which isn’t scheduled to be paid back until 2025.When it comes to football stadiums, cities keep building giant facilities, with state and local governments paying, on average, for 57 percent of construction costs. That translates to over $6 billion taxpayer dollars to build fancy football stadiums since 1995.[...]
The Minnesota Vikings’ billion-dollar U.S. Bank Stadium is scheduled to open in July 2016. And given that the average life span of a new football stadium has dropped to just 30 years, the Vikings’ stadium will likely be demolished around the time the last of the public bonds financing its construction are paid off.
But my point is, you are right they have the tax payers by the balls. Either they pay or they leave.
If we pay, we should own them...Like Green Bay.