“No Tax Dollars” will be spent on a New Mexico United stadium, except this $30 million and multiple other tax breaks
Let's not forget the millions spent by taxpayers at the current home of New Mexico United. When KOAT, another local news station, got their hands on a lease agreement between the team and the city, they found if a stadium was built, there would be “a lot of taxes the New Mexico United soccer club will not have to pay”. Another subsidy would come from the team being allowed to deduct “equipment purchased in the construction” from their gross receipts tax bill. What else? We don't know, and the…
Read MoreWhy isn’t anyone asking minor league owners to pay for their own venues?
Why is nobody asking the owner to pay for these upgrades? Why are the local media not outright demanding, if not just asking, this basic question? Sports owners have simply gotten used to receiving every dollar of revenue and paying almost nothing for expenses. The owners of one minor league team admitted in a lawsuit that the city they played in had “an unlimited obligation to cover the cost of the stadium”. That is how sports owners look at their cities, with very few exceptions.
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