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re: Jaguars, city of Jacksonville agree to $1.4 billion stadium deal

Posted on 5/15/24 at 6:52 am to
Posted by Oilfieldbiology
Member since Nov 2016
37604 posts
Posted on 5/15/24 at 6:52 am to
quote:

the grifting of sports owners continues


I get what you’re saying but how much revenue does having an NFL team bring to a city? What is the economic impact on St Louis and San Diego and Oakland with their teams leaving?
Posted by Dairy Sanders
Member since Apr 2022
1068 posts
Posted on 5/15/24 at 7:34 am to
quote:

I get what you’re saying but how much revenue does having an NFL team bring to a city? What is the economic impact on St Louis and San Diego and Oakland with their teams leaving?


No one likes to talk about that.

What’s funny is everyone wants to say “well what about the taxpayers??” Completely ignoring that the overwhelming majority of the tax money comes from hotel and rental car taxes. I doubt those businesses mind the tax because without the stadium (and team) that’s less business for them.

If you don’t like the extra $2-3 a night you have to spend on a hotel room in Jacksonville that goes to pay for the stadium, then just don’t go to Jacksonville, but don’t act like the city/county is implementing some income tax on residents to pay for this. Hell a lot of business owners are probably thrilled that their tax dollars are going to something productive rather than down the toilet.
Posted by SeeeeK
some where
Member since Sep 2012
28114 posts
Posted on 5/15/24 at 5:31 pm to
quote:

get what you’re saying but how much revenue does having an NFL team bring to a city? What is the economic impact on St Louis and San Diego and Oakland with their teams leaving?


NFL fans don't pour cash into a city.

Majority of them live close enough to park, tailgate, go to game, then head home.

they aren't like baseball, where they pack downtown all day, people filling hotel rooms from out of state(cardinals have season ticket holders from 23 states). spend cash at eateries, go to local scenic places, etc.

In the report, that local civic progress and pro stadium proponents showed, during them trying to keep the rams, it accidentally showed the City lost money with rams, and now can use the dome and convention center 12 months a year with no worrying about when are home games, and blocking out 5 months of dates. City makes more off the dome with rams gone.
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