Re: Public Stadium Funding
If you're asking New York State/Erie County to look at this from an 'investment' perspective, that assumes we're talking about a zero sum game (build a new stadium and the Bills stay, or don't and they leave).
There's a legitimate question of whether a new stadium would actually bring in significantly more revenue for the Bills (and consequently whether it would bring in any more tax revenue for the state). From a perspective of income tax revenue on players' salaries, it wouldn't, as salaries are cap driven. And from a team income perspective, we already sell out almost every game, and who knows whether there is any more corporate money to tap in Buffalo.
So unless there's some factor that requires the Bills to build a new stadium in order to stay in Buffalo, arguing that NYS/Erie County is ignoring the income revenue doesn't really make sense. The state and county's position is essentially that they can continue to receive the same tax income (escalating slowly with cap increases and rising league revenue sharing payouts) without gambling a huge sum of money on the chance that they might eventually make slightly more.
If you're asking New York State/Erie County to look at this from an 'investment' perspective, that assumes we're talking about a zero sum game (build a new stadium and the Bills stay, or don't and they leave).
There's a legitimate question of whether a new stadium would actually bring in significantly more revenue for the Bills (and consequently whether it would bring in any more tax revenue for the state). From a perspective of income tax revenue on players' salaries, it wouldn't, as salaries are cap driven. And from a team income perspective, we already sell out almost every game, and who knows whether there is any more corporate money to tap in Buffalo.
So unless there's some factor that requires the Bills to build a new stadium in order to stay in Buffalo, arguing that NYS/Erie County is ignoring the income revenue doesn't really make sense. The state and county's position is essentially that they can continue to receive the same tax income (escalating slowly with cap increases and rising league revenue sharing payouts) without gambling a huge sum of money on the chance that they might eventually make slightly more.
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