Is done... ok, sounds good. One less bowl and I'm good with it. This is a casualty of the possibility of Qualcomm Stadium going under due to a certain football team moving to LV
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Is done... ok, sounds good. One less bowl and I'm good with it. This is a casualty of the possibility of Qualcomm Stadium going under due to a certain football team moving to LV
Community ownership works very well in Green Bay but does so without a tax advantage that private ownership has. When one buys a sporting franchise one can then depreciate the players as if they were machine implements or breeding cattle. This lasts for a five year period. Thus if you paid 500 million for a team you now have 100 million a year in tax write-offs. A city would not be able to take advantage of this for an obvious reason, they are the taxer not the tax payer. Many years ago the owners of the L.A. Rams and the Baltimore Colts traded teams after the five year term expired. Presto! Another five years of tax write-offs! (The Mariners seemed to trade owners every five years of their early life for this reason. The team may have been losing money but the tax benefits outweighed that shortfall.) Thus the NFL can derive more money from private ownership than community ones. It is worth more to private citizens than to a public entity.Community ownership yo. Green Bay has it right. Toss out a tax here and there to help with facilities perhaps if necessary, but the community bears the costs and reaps the benefits, which seems like the right way to do it since local sports teams give people something to rally around.
That is not quite correct. I have been a Charger fan for 38 years and tecynically the Chargers could have moved to LA a year ago and chose to stay another year and get a new stadium deal done in San Diego, which is what the Spanos family preferred. San Diegans have nobody to blame but themselves for being without a NFL team. The last plan that was voted down by the voters would have included zero general funds. the remaining 300 million not covered by the NFL and the Chargers would have come from a hotel tax much like they used at Safeco. I am not sure what they thought was going to happen, but now they are gone. I wouldn't put this on the Spanos family alone. Not saying I am a Spanos fan, but local government officials and the people of San Diego have a large part in this as well.Coug95man2, it is actually a little more complicated than that. The chargers, who enjoy what is arguably the least competent ownership in the NFL (the Spanos family), are now moving to Los Angeles, where they are not wanted. They will ultimately be a tenant in Kroenke's stadium, which he is building for his Rams. Because the raiders now cannot move to LA, since the chargers beat them to it, they are planning a move to Las Vegas. The bay area will still have the 49'ers. San Diego, who refused to subsidize a new stadium for the chargers, gets the shaft after years of loyalty to a defective franchise. The Spanos goofs added about 35-40% to the value of their franchise via the market change, thus rewarding decades of inept ownership. And Las Vegas, which makes Phoenix look like a pleasant place to play football through the end of October and does not have the population base to support a team, gets the raiders. This, in a nutshell, is the NFL.
That is not quite correct. I have been a Charger fan for 38 years and tecynically the Chargers could have moved to LA a year ago and chose to stay another year and get a new stadium deal done in San Diego, which is what the Spanos family preferred. San Diegans have nobody to blame but themselves for being without a NFL team. The last plan that was voted down by the voters would have included zero general funds. the remaining 300 million not covered by the NFL and the Chargers would have come from a hotel tax much like they used at Safeco. I am not sure what they thought was going to happen, but now they are gone. I wouldn't put this on the Spanos family alone. Not saying I am a Spanos fan, but local government officials and the people of San Diego have a large part in this as well.
. The only way I see a soccer stadium being built is if the city owns it, because the land alone is worth too much to give away to a private developer for a small stadium, without so many restrictive covenants that it wouldn't be worth developing.
https://www.google.com/amp/amp.usatoday.com/story/86909930/?client=ms-android-verizonI have listened to several sportswriters from San Diego and the story you tell is not what they have said. Many, many years ago there was a good deal on the table that the politicians fumbled. But, this last deal was designed by the Chargers to fail because they wanted out.
Coug95man2, it is actually a little more complicated than that. The chargers, who enjoy what is arguably the least competent ownership in the NFL (the Spanos family), are now moving to Los Angeles, where they are not wanted. They will ultimately be a tenant in Kroenke's stadium, which he is building for his Rams. Because the raiders now cannot move to LA, since the chargers beat them to it, they are planning a move to Las Vegas. The bay area will still have the 49'ers. San Diego, who refused to subsidize a new stadium for the chargers, gets the shaft after years of loyalty to a defective franchise. The Spanos goofs added about 35-40% to the value of their franchise via the market change, thus rewarding decades of inept ownership. And Las Vegas, which makes Phoenix look like a pleasant place to play football through the end of October and does not have the population base to support a team, gets the raiders. This, in a nutshell, is the NFL.