The Spurs Sports & Entertainment (SS&E) owe the city of San Antonio and Bexar County $5 million because of a failed 2015 MLS bid. The city, county, and SS&E were all involved in the bidding for a team and signed an agreement stating that SS&E would pay $5M if the bid didn't produce an MLS team. Yet, to this day, SS&E has not paid for it, nor has the city tried to push the team…
Last week, the San Francisco 49ers publicly vowed to cover Santa Clara’s expenses for the World Cup games. The 49ers will use money that they received from their NFL operations to cover the costs. One estimate claims that it will cost Santa Clara about $50M to stage the games. Except, as the mayor reminded everyone, the 49ers promised to only cover all “approved costs”. That can be interpreted many ways, considering the terrible history between the…
Let's say your local sports team wants a new stadium and is trying to get public opinion on their side. Or one of your local city leaders wants to get the public ready for taxpayer money being used on a new sports venue. One of their first calls will be to their local Chamber of Commerce ("CoC").
