Tag: San Antonio Spurs

Arena Ballpark Stadium

San Antonio editorial wants taxpayers to follow the “spirit of the agreement”, yet teams never seem to care about it

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 to pay what is owed to taxpayers. Even so, the city did find time to help pay for a large part of the new…

William Neilson Jr.
Arena

Since Portland passed a law to help bring an MLB team, the Trail Blazers would like some more money for Moda Center

Now, the Portland Trail Blazers would like some of that money. According to OregonLive, the Blazers want an “estimated $20 million per year” to be given to them “from the state’s general fund.” The team claims that this allows them to start a $600 million renovation of the current arena. However, as OregonLive notes, the Blazers' situation is not similar to last year's MLB giveaway. The NBA team's players/staff have already been paying “into the state’s general fund” since 1970. If the Blazers want money for their arena, it will need to come from “essential services” for a new…

William Neilson Jr.
Arena

San Antonio city council moves forward on a new arena based on “useless”, “incomplete” & “inadequate” economic report

This week, the city of San Antonio, Texas, voted to move forward with the November election that will decide the fate of the $1.3 billion arena (and other projects), called Project Marvel. This week, the team contacted every media outlet that it could find to discuss how great this deal was for the city. So residents heard that this deal will create $10 billion in direct spending! Or that it will create $350 million in new taxes for the city! Sounds great. Except, it is all bull. These numbers come from a CSL International report that the Spurs paid for.

William Neilson Jr.
Arena

As the San Antonio Spurs insist on a tax election this spring, they continue hiding almost all of the arena costs and details

Do people remember how the San Antonio Spurs tried to get a new arena built in 1999? One of their brilliant proposals included a plan to take money away from elementary schools that were teaching children on an already bare-bones budget. Screw the kiddies! Build it! Furthermore, it wasn't that long ago when San Antonio taxpayers gave the team over $100 million dollars for a massive renovation of the arena. I wonder what happened to those upgrades. At the very least, let us be happy that the team wants to leave their current arena for the right reasons. Their…

William Neilson Jr.
Arena Ballpark Stadium

The absurdity of non-disclosure agreements, sports and taxpayer money

The San Antonio Spurs want a new arena. That isn't new or shocking news. But if you want actual news on this subject? Good luck.  For the last year or so, the Spurs and city officials have kept every possible detail out of public view if it pertains to a new arena. No discussions. No interviews. Just silence. Now, will taxpayers end up paying quite a bit? Sure. But they won't know about it until a deal is done first. How can this be legal? We are talking about taxpayer money. We are talking about city officials and negotiators...the…

William Neilson Jr.