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  1. #21
    Chazz is offline Coordinator
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    State and corporate merge...hmmm, isn't there a term for that?

  2. #22
    NodakPaul's Avatar
    NodakPaul is offline Jersey Retired
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    Quote Originally Posted by Chazz View Post
    If stadiums were profitable, owners would build there own and not force people struggling from paycheck to paycheck to pay for their stadium.
    To be fair, stadiums are profitable, and some owners have built their own. I think it would be great if they all would, but the reality is that most owners actually do not have the capitol to build their own. There is a difference between rich and unlimited rich.

    That and the current climate - for good or bad - is to use a combination of public and private funds to build stadiums, which is what the Vikings and Minnesota are doing. I support the use of public money because of the money the team brings into the state as well as the impact having a NFL team has on the culture and quality of life. I also think that the largest contribution should be private (as it is with the Vikings).

    Finally, nobody is forcing someone who is struggling from paycheck to paycheck to pay for a stadium. Pull tabs, corporate taxes, and a restocking fee on existing cigarettes are paying for the state's contribution. This is not a flat tax that cannot be avoided by people struggling - so no need for dramatics.

    Funny how nobody is talking about people struggling from paycheck to paycheck being required to pay for Target Field, or TCF Bank stadium...
    Zeus wrote:
    When are you going to realize that picking out the 20 bad throws this year and ignoring the 300 good ones does not make your point?

    =Z=

  3. #23
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    Quote Originally Posted by Chazz View Post
    If stadiums were profitable, owners would build there own and not force people struggling from paycheck to paycheck to pay for their stadium.
    Thing is, it's not really THEIR (the Vikings) stadium. People seem to forget that. If the Vikings were to move, it's not the Wilf's stadium to sell.

    When all those other other events are played there, it's not the Wilf's getting all the money. When all those fans come from out of town for all those events it's not the Wilf's getting a percentage of all the hotels, merchandise & food these people spend money on. How much money do you think flowed into Minnesota in 1992 when the Super Bowl was played there? Did the owners of the Vikings get all that money or tax revenue? Don't think so.

    The Metrodome was built for $55 million, including $33 million in public dollars. The State of Minnesota contributed none of this money but has received over $320 million in tax revenue since the facility opened.
    The part of the stadium fund that is lagging is the shortfall from electronic pull tabs that was to pay for the states share of the stadium. IMO, "people struggling from paycheck to paycheck" shouldn't be buying pulltabs.

    "If at first you don't succeed, parachuting is not for you"

  4. #24
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    Judging by the way gas prices shot up since the unveiling, almost $0.50/gallon, I'm thinking plan B is already in place.


    "If at first you don't succeed, parachuting is not for you"

  5. #25
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    Quote Originally Posted by Chazz View Post
    If stadiums were profitable, owners would build there own and not force people struggling from paycheck to paycheck to pay for their stadium.
    Like Atlanta just did?


    BOSTON -- NFL owners have approved a $200 million loan for construction of a new stadium in Atlanta.
    The Falcons received the money Tuesday at the NFL Spring Meeting. The multipurpose stadium could cost as much as $1 billion.
    Falcons owner Arthur Blank says the approval is an "important milestone in moving the new stadium project forward." Blank says the design and construction will take place over the next four years.
    The stadium will be built with $200 million from public bonds, with the rest coming from Blank. The Georgia Dome, which opened in 1992, will be demolished when the new stadium opens.
    Plans call for the Falcons to open the 2017 season in the new building.
    Y! SPORTS

  6. #26
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    Quote Originally Posted by Chazz View Post
    State and corporate merge...hmmm, isn't there a term for that?
    Yes. Yes there is.

  7. #27
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    Vikings Stadium Financing Plan 'B' Announced

    Just wait till the announce plan c

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