The St. Louis Cardinals owners yet again want significant taxpayer funds while giving almost nothing
Let's move up to today. Guess what DeWitt II wants? Busch Stadium needs a “significant capital infusion” in the upcoming years at the latest. My guess is that he will get something substantial around the $500 million mark. I don't think they should but I am just stating that I don't think local leaders would stop them from taking this amount of taxpayer money. The spin would probably just be that the Cardinals are taking just $500M instead of $2B for a new ballpark.
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Negotiations continue to happen in secret across the country, all without the public seeing or hearing about it
This is not going to shock anyone. Sports owners hate when their plans are released and looked at intensively. Have you ever read a sports venue agreement? Try reading the Potomac Yard Economic and Fiscal Impact Study from the failed Capitals/Wizards to Alexandria, Virginia proposal. The agreements are almost impossible to read and understand unless you read these types of documents daily. This is why billionaire owners aren’t always forthcoming with initial sports venue details. A professor of…
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Little Caesars Arena was going to change Detroit per the Ilitch Family, then it did nothing
Back in 2014, the city of Detroit was debating what to do with their old arena that the Detroit Red Wings played in. On one hand, they could do nothing and let the Red Wings figure out what to do on their own. On the other hand, they could give the Red Wings owners, the Ilitch Family, hundreds of millions of taxpayer dollars to build a new arena. When the Ilitch family initially proposed a new $450 million dollar arena and placed it in downtown Detroit, they were praised for the location by…
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