If the current San Antonio Spurs arena never lived up to its economic promises, why would another new arena be any different?
The San Antonio Spurs believe that a new arena would revitalize downtown. Except, haven't San Antonio residents heard that claim before? Yes, they heard this exact claim many times. Why? Because the Spurs seem to ask for a new arena every few years. Whenever they push for a new home, we get to hear about the many claims of economic glory that will follow a new sports venue. Arguably the biggest issue with the last arena was whether the city would see a share of the team's revenues from the…
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The San Antonio Spurs continue to milk the city for taxpayer money
The Spurs not only demanded roughly $164 million to upgrade their arena, they claimed that without this money, they wouldn't be able to “pay the player salaries”. The team even had a way of funding their next arena. Just extend the venue tax that helped fund the construction of the arena.
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