The Arizona Diamondbacks just got $500M of taxpayer money yet now want even more
Recently, Arizona Diamondbacks officials have issued several public statements that seem to suggest that the team will demand more taxpayer money. Since the lease agreement between the team and county expires after the 2028 season, the Diamondbacks are apparently using this as a reason for more taxpayer money to be given to them. This week, the team opened up to being shocked at how much it costs to repair and upgrade equipment at their ballpark. The team admitted that the cost of recent…
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Cincinnati Bengals officials tell the county that their current stadium lease is perfect and that the public loves it too
Hamilton county agreed to “guarantee 50,000 tickets sold per game”, agreed to give the Cincinnati Bengals all stadium management rights, agreed to give the team all advertising revenues, agreed to give the team all money made from food or beverages and agreed to pay for all stadium maintenance or capital projects. But best of all, the county agreed to give the Bengals a state-of-the-art provision that essentially allowed the Bengals to go to the county every off-season and demand the best and…
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Did the cities of Fort Lauderdale & Miami actually stand up for themselves against a professional team?
When the city reminded the team of this contract agreement, Inter Miami had the nerve to ask the city to pay for the park. Why would the team do this? Especially when the lease agreement says nothing about the city paying for the public park? The team claims that during stadium negotiations, an unknown city person at some unknown time gave the team “certain agreements…but not all made it into the written contract”. After some time, the city told the team that they must build the park by July…
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NHL continues to poke Raleigh for even more taxpayer money
Why exactly is the city of Raleigh even entertaining the team if they want more money in the near future? The team pays $0 per year in rent yet collects 100% of revenue from “concessions, gameday advertising, television rights, parking and luxury and club suites”. Moreover, keep in mind that the team already gets $4.335 million per year to “offset arena operating expenses”. Doesn't the city do that anyway?
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