Tag: Cobb County

Arena Ballpark Stadium

When will city and state leaders learn that their new sports venue will not magically increase tax revenues?

This week, the Kansas City Chiefs announced they were relocating to the state of Kansas for a brand-new $3B stadium. The term sheet agreed upon by the team and state is outlandish. Joe Pompliano (who is one of the best at sports business news) has gone over the term sheet and claims it is the “Most Lopsided Stadium Deal In NFL History” thanks to $1.8 billion in taxpayer money being included. But the details of…

William Neilson Jr.
Arena Ballpark Stadium

When Utah Leaders say that taxpayers “will not” pay for a ballpark, they mean that $900 million taxpayer dollars will be used

Over the last few months, more and more stories have been popping up online that discuss whether Salt Lake City or the state of Utah should build a ballpark for some future MLB expansion team. Utah residents have therefore been asking local leaders who exactly would be paying for such a project. Rep. Ryan Wilcox, R-Ogden, has an answer. He wants residents to know that local taxpayers will not be left on base holding the…

William Neilson Jr.
Ballpark

Las Vegas, be careful with Oakland A’s owner, John Fisher because he will NOT SPEND MONEY

The A's are trying to get at least $500 million in taxpayer money for the new ballpark. As the Independent points out, that alone is slightly lower than the total amount that the city of Las Vegas brings in YEARLY from gaming taxes. The Oakland A’s believe that they are worth this money because they will bring in “400,000 new tourists to Las Vegas”. This is crazy. The A's would not bring in anywhere near…

William Neilson Jr.