Public Stadium Funding

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  • WagonCircler
    Escaped Convict
    • Jul 2002
    • 5876
    #1

    Public Stadium Funding

    Whenever the prospect of publicly funding a new stadium comes up, whiners come out of the woodwork.

    According to John Wawrow of the AP, in a Buffalo Rumblings podcast, the State of New York collects $20 MIL in taxes annually from player salaries.

    Obviously, if the Bills were to move to some hellhole like Toronto, the state would lose that money.

    So, if NY were to partially fund a stadium, it could be considered a revenue generator. A taxpayer contribution of $400 MIL would be recouped over a 20 year lease on player salaries alone, and that's not adjusting for constantly escalating salaries.
    Tags: None
    • 👍 1
  • Fletch
    Registered User
    • May 2007
    • 3166
    #2
    Re: Public Stadium Funding

    LMAO

    So now anyone looking at the state's ability to contribute anything significant in today's economy is a whiner.

    You just can't make this crap up.

    I suppose that Erie County has a pot of gold that none of us knows about. Otherwise, clearly they're broke for all intents and purposes.

    You know who the whiners are to me, it's those that whine about other fans outside the context of the discussion when the fans have no control over the situation.
    http://www.billszone.com/fanzone/sho...s-haters/page3

    Post #46

    Originally posted by Yasgur's Farm
    (Moderator) My name's Max Yasgur, and I approve of this post.
    Originally Posted by pmoon6
    The idea that you "won't settle" presumes that you have some kind of control. Delusional thinking at best for a supposed fan of a spectators' sport. Your way to deal with it is to constantly ***** and denigrate any move, any result concerning the team even if it's positive because you don't want your whittle feewings hurt again. It's a protection mechanism.

    You shroud your childish approach in a vale of pompous, intellectual garbage in an attempt to look smart and "real". You over-analyze even minute points and manipulate statistics to fit your negative view of the team. Again, to feel good about yourself and to protect from getting hurt.

    Of course, the criticisms are obviously from someone who has no understanding of the team concept or what it takes to excel at athletics.

    The true "realist" understands that they have no control of what happens on the field or behind the closed doors at One Bills' Drive, so they do the prudent thing for a spectator. They enjoy the games on Sunday with family and friends, cheer for their team and realize that it's just entertainment.
    ------

    "I was an integral part in the drafting process of EJ Manuel," Whaley said Thursday on NFL Network's Total Access. "I was the person that handled the draft process and setting up the board."

    "We are committed. I want you to believe me when I say that," Whaley said of building around the second-year quarterback, per The Buffalo News. "I always tell you guys that I'll never say never because I don't want to paint myself in a corner, but when I do say something, I do it and I mean it and I try to fulfill it."

    "We believe the addition of Sammy is going to be instant impact, not only to our quarterback, but to what our offensive coordinator can come up with game-plan wise and how defenses attack us," Whaley said.

    Whaley on EJ Manuel: "We think we got a gem in this guy." (2:30)

    "And as Mark says, if in three years maybe he's not [our quarterback of the future], then I'll be sitting there saying 'hey guys', .... anybody got a job for me?" - Doug Whaley

    • 👍 1

    Comment

    • WagonCircler
      Escaped Convict
      • Jul 2002
      • 5876
      #3
      Re: Public Stadium Funding

      Originally posted by Fletch View Post
      I suppose that Erie County has a pot of gold that none of us knows about..
      Yes, his name is Son of Mario.

      He couldn't care less what he spends. Ever heard of the Buffalo Billion?

      You must have the suicide hotline on speed dial, Felch. Things are going VERY poorly for you and your gay glam rock hero Bon Jovi.

      The Bills will be purchased by Terry Pegula.

      Suck it.

      Comment

      • Dr. Lecter
        Zero for Zero!
        • Mar 2003
        • 67929
        #4
        Re: Public Stadium Funding

        I have brought up the income tax issue before.

        I am not sure if he included the income taxes paid by coaches, stadium workers, etc either. Or sales tax collected at the games or on things people buy for games.

        It won't pay for it all, but it also not like this team does not generate revenue for the state and county.
        Originally posted by mysticsoto
        Lecter is right in everything he said.
        • 👍 4

        Comment

        • Dr. Lecter
          Zero for Zero!
          • Mar 2003
          • 67929
          #5
          Re: Public Stadium Funding

          Originally posted by WagonCircler View Post
          Yes, his name is Son of Mario.

          He couldn't care less what he spends. Ever heard of the Buffalo Billion?

          You must have the suicide hotline on speed dial, Felch. Things are going VERY poorly for you and your gay glam rock hero Bon Jovi.

          The Bills will be purchased by Terry Pegula.

          Suck it.
          So is this thread going south the fault of Blondie and Mr. Blondie too?
          Originally posted by mysticsoto
          Lecter is right in everything he said.

          Comment

          • casdhf
            Registered User
            • Jul 2002
            • 17542
            #6
            Re: Public Stadium Funding

            I would rather have my money go to this than some other wasted venture. Welfare for some unemployed dirt bag with 3 kids and an iPhone or a new stadium. Hmmmm. I know where my vote goes.
            Originally posted by BillsZone Mod
            cas,

            I'm just letting you know that you have been given 2 points for telling Wys AKA Mark to kill himself.

            BillsZone Mod

            Comment

            • WagonCircler
              Escaped Convict
              • Jul 2002
              • 5876
              #7
              Re: Public Stadium Funding

              Originally posted by Dr. Lecter View Post
              So is this thread going south the fault of Blondie and Mr. Blondie too?
              Well, if you take into account my theory that coastal = Fletch...

              Comment

              • coastal
                Legendary Zoner
                • Mar 2005
                • 15513
                #8
                Re: Public Stadium Funding

                Look at the tax revenue!!!!

                idiots.

                since when did an expenditure's ability to turn a profit be the be-all/end-all of policy making.

                its a question of community values.

                Buffalo endorses parking lot alcoholism, big corporate entertainment monopolies, and the energy industry's abuse of the citizenry and environment.

                Let Pegs pay.

                If it's there, spend $1 billion on attracting new industry and jobs to the area.

                WNY has a great workforce.

                Invest in them... not their distractions.

                Comment

                • gebobs
                  One Bills Drive, Georgia - 871 miles south of Orchard Park
                  • Sep 2003
                  • 11520
                  #9
                  Re: Public Stadium Funding

                  Please build the stadium downtown...right over that sorry excuse for a casino. LOL...what a joke. I walked in there last week just to check it out. Not exactly Bond and baccarat, is it? Must be 5000 penny slots. Classy!
                  Lehner's history. He just doesn't know it yet.

                  Comment

                  • gebobs
                    One Bills Drive, Georgia - 871 miles south of Orchard Park
                    • Sep 2003
                    • 11520
                    #10
                    Re: Public Stadium Funding

                    Originally posted by WagonCircler View Post
                    According to John Wawrow of the AP, in a Buffalo Rumblings podcast, the State of New York collects $20 MIL in taxes annually from player salaries.
                    Really? I'd like to see how that breaks down. I'm not up on all the intricacies of what counts as income for this guy and that, but just a back of the envelope calculation...$20M revenue/$133M cap comes to an effective 15% rate. Neither am I all up on NYS tax rates, but that seems high.
                    Lehner's history. He just doesn't know it yet.

                    Comment

                    • OpIv37
                      Acid Douching Asswipe
                      • Sep 2002
                      • 101271
                      #11
                      Re: Public Stadium Funding

                      Originally posted by WagonCircler View Post
                      Whenever the prospect of publicly funding a new stadium comes up, whiners come out of the woodwork.

                      According to John Wawrow of the AP, in a Buffalo Rumblings podcast, the State of New York collects $20 MIL in taxes annually from player salaries.

                      Obviously, if the Bills were to move to some hellhole like Toronto, the state would lose that money.

                      So, if NY were to partially fund a stadium, it could be considered a revenue generator. A taxpayer contribution of $400 MIL would be recouped over a 20 year lease on player salaries alone, and that's not adjusting for constantly escalating salaries.
                      The state of New York has an annual operating budget of $90 billion. That's BILLION, with a "B". $20 million a year is essentially nothing. It will not have any effect whatsoever on whether or not the state ponies up for a stadium.

                      Also, the games cost the government money. Wear and tear on the roads, additional police forces, crowd control, etc. I don't know how those expenses are split between the state, local governments and the team, but the $20 million in income tax isn't pure profit. There are costs associated with it.
                      MiKiDo Facebook
                      MiKiDo Website

                      Comment

                      • imbondz
                        Democrats are people too
                        • Jan 2003
                        • 26041
                        #12
                        Re: Public Stadium Funding

                        I can't stand the idea that my taxes are going to pay for an NFL stadium. drives me crazy. can't believe anyone would be ok with it, knowing that every single franchise can afford a new stadium
                        My faith doesn’t make me perfect, it makes me forgiven.

                        • 👍 1

                        Comment

                        • Dr. Lecter
                          Zero for Zero!
                          • Mar 2003
                          • 67929
                          #13
                          Re: Public Stadium Funding

                          Originally posted by coastal View Post
                          Look at the tax revenue!!!!

                          idiots.

                          since when did an expenditure's ability to turn a profit be the be-all/end-all of policy making.

                          its a question of community values.

                          Buffalo endorses parking lot alcoholism, big corporate entertainment monopolies, and the energy industry's abuse of the citizenry and environment.

                          Let Pegs pay.

                          If it's there, spend $1 billion on attracting new industry and jobs to the area.

                          WNY has a great workforce.

                          Invest in them... not their distractions.
                          Oh for God's sake.

                          Nobody said that it was the be all/end all. What people are trying to say is that the investment (if it is made) is not without value or a ROI. It is not like flushing money down the drain. It is not a zero sum game, where the money is thrown out.
                          I would much rather have the new owner pay as well. Don't get me wrong. But it is not like the state and area does not have a reason for this team to stay. It is not quite as simple as let the team go and magically invest in the area.

                          And yeah - there is a great workforce in the area. It would be great if they continue to invest in it. Of course, they can do more of that with having an actual NFL team in the state providing income to the state coffers.

                          So while it is not just about how much money the state makes, that is also part of the decision and can counter the idea that spending this money is a empty gesture that generates only positives for the billionaire.
                          Originally posted by mysticsoto
                          Lecter is right in everything he said.
                          • 👍 1

                          Comment

                          • SpikedLemonade
                            • Jun 2024
                            #14
                            Re: Public Stadium Funding

                            If a new stadium is ever built in Buffalo, it will only be with 60% public financing.

                            It appears there is no owner willing to spend $1B on the Bills so to expect an owner to spend $400M of his own money on a stadium is naive.

                            Comment

                            • coastal
                              Legendary Zoner
                              • Mar 2005
                              • 15513
                              #15
                              Re: Public Stadium Funding

                              Originally posted by Dr. Lecter View Post
                              Oh for God's sake.

                              Nobody said that it was the be all/end all. What people are trying to say is that the investment (if it is made) is not without value or a ROI. It is not like flushing money down the drain. It is not a zero sum game, where the money is thrown out.
                              I would much rather have the new owner pay as well. Don't get me wrong. But it is not like the state and area does not have a reason for this team to stay. It is not quite as simple as let the team go and magically invest in the area.

                              And yeah - there is a great workforce in the area. It would be great if they continue to invest in it. Of course, they can do more of that with having an actual NFL team in the state providing income to the state coffers.

                              So while it is not just about how much money the state makes, that is also part of the decision and can counter the idea that spending this money is a empty gesture that generates only positives for the billionaire.
                              i get that.

                              thanks for the long winded explanation of the obvious.

                              Comment

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