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…
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…
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…
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…
Lately, we have seen virtually every minor league team tell their local jurisdictions that they require millions of taxpayer dollars for upgrades to their ballparks. They require it quickly too because Major League Baseball has given us a date…or else! This forced many cities to give money to the teams without much, if any, examination of the actual details. As Ballpark Digest noted in a story, this is why a number of minor league teams…
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…
The San Antonio Spurs believe that a new arena would revitalize downtown. Except, haven't San Antonio residents heard that claim before? Yes, they heard this exact claim many times. Why? Because the Spurs seem to ask for a new arena every few years. Whenever they push for a new home, we get to hear about the many claims of economic glory that will follow a new sports venue. Arguably the biggest issue with the last…
In September of last year, the San Antonio Spurs General Manager and City Manager met to discuss improvements to the city-owned Alamodome, where the Spurs play home games. We know this because the San Antonio Express-News has text messages showing the GM asking to meet the city official to discuss "facility infrastructure".
The Spurs not only demanded roughly $164 million to upgrade their arena, they claimed that without this money, they wouldn't be able to “pay the player salaries”. The team even had a way of funding their next arena. Just extend the venue tax that helped fund the construction of the arena.
