Re: Billions wasted on news stadiums-penny's for choo-choo's
Author: BOB2
Date: 09-28-2017 - 15:58
Taxpayer,
An NFL team is probably not a bad investment for Green Bay..... It probably wasn't such a good deal for San Diego. In places like LA and Seattle they don't really try that one on the taxpayers, anymore, but they do vote to tax themselves for more trains.
Since the LA "experiment" with going "cold turkey" after the Raiders left has proven that an NFL team contributes almost exactly zero economic value to a GDP that large. When the Raiders and Rams left, nobody really missed them, even economically. Now that the Rams are back, I'm not sure much has changed...... Lots of folks in the parking business around SC, will be happy, of course, but not many more, though.
And, if the citizens of Las Vegas want it.... In theory, this may be a good "investment" for them, and worth the public investment (due to taxes recouped by tourism, gambling on games, through payroll taxes), and it may be of significantly of less value added to others ($hitty teams and cheap owners don't make that performance any better, either....). Some of the games these team owners have played with some locales, almost a shakedown racket, have made voters, fans, and local governments much more wary of these deals, some of which aren't really generating much "value" back to them.
Since this is theoretically a train site, the only thing I have noted about stadiums is that LACMTA does really need to construct more event train staging at the Coliseum before the 2028 Olympics, based on my experience so far with the overcrowding when the Lambs and the Trojans play there. When the cross town connector is completed in 2019 it will help, but staging would be very helpful on the LA and Independence near USC.
This thread had very little to do with either of those topics in reality, though, did it?