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Panthers want 125 Million in taxpayer money.

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Posted

The only thing that surprises me is the fact that they are limiting it to Meck County. With the name Carolina in the teams name, you would think they would try to get money from both NC & SC.

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Posted

Perhaps the Panthers should go around and collect money from all of the places since they benefited from them being here. Let me ask you...how much money do you think goes into restaurants on a home playoff game, what about hotels, what about other businesses?

If the majority of the people live here I would say a helluva lot less than you think. But lets tax them anyways.

While you have a point about hotels, home playoff games are huge for restautrants. Many restaurants in the Denver area set sales records Saturday night.

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Posted

No it wont

If this team is sold to someone hell bent on moving it they will and it will pretty damned easy too.

You'd be surprised (Seattle Sonics).

Usually owners don't want to move, but if they aren't making a hefty profit or they aren't happy about their home, they tend to bolt.

Also JR will most likely sell the team to someone with similar views as him.

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Posted

$125M is peanuts for a stadium renovation.

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Posted

I welcome a move to LA if it gets us a real owner and we become competitive. Sitting in Charlotte sucking isnt doing much. So many people in this market have "second teams" or root for teams in other markets because of our losing stigma. We're virtually guests in our own house on gamedays. Id rather pull for a winner from afar, we'd still be the Panthers.

Were you a New Orleans Hornets fan before Charlotte got a 2nd NBA team?

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Posted

I get remaining a fan after a team moves but rooting for them to move is a first.

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Posted

Taxpayer money going to public transport = MOVE TO EUROPE IF YOU WANT TO TAKE THE TRAIN YOU COMMUNIST HIPPY!!!! YOU AIN'T TAKIN' MY MONEY!!!!

Taxpayer money goes to a profitable corporation = Hooray America

Good lord........

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Posted

You'd be surprised (Seattle Sonics).

Usually owners don't want to move, but if they aren't making a hefty profit or they aren't happy about their home, they tend to bolt.

Also JR will most likely sell the team to someone with similar views as him.

So as a taxpayer I need to not only ensure a private company makes a profit but also make sure they are happy

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Posted

Well the stadium actually costs more to taxpayers than it does help the local economy...

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Posted

I get remaining a fan after a team moves but rooting for them to move is a first.

the only people that want them to move to LA live on the west coast

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Posted

Lol at anyone complaining about this.

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Posted

Perhaps the Panthers should go around and collect money from all of the places since they benefited from them being here. Let me ask you...how much money do you think goes into restaurants on a home playoff game, what about hotels, what about other businesses?

If the majority of the people live here I would say a helluva lot less than you think. But lets tax them anyways.

As an example:

A study the same year conducted by the University of Minnesota showed an economic impact of about $9.1 million per Vikings game, based on calculations that 25,000 people from outside the metro area attended each game and spent an average of $230. That money then rippled through the local economy.

http://articles.balt...s-and-amusement

Another states:

The most recent swipe at how much Browns games pump into the local economy was in late 2007 by Positively Cleveland, the region's tourism promoter.

The estimate: $63 million.

http://www.cleveland...c_impact_c.html

Those two articles also discuss how non-organizational jobs are affected by the teams being in town, as well...

Of course, as with anything, there are detractors that claim there are no economic benefits to having a sports team hosted within your city...

However, if accurate and the team generates an average of (let's say for number's sake) $7 million in local revenue from outside sources (more modest than what they claim the Vikings earn per home game), at a rate of 8 home games per year, for 17 years (we'll leave out Bowl games, playoffs, preseason and any non-football related revenue such as the DNC)...

7 million x 8 games = $56 x 17 years = $952 million in total return on the initial $60 million investment...

A profit of nearly $900 million... Conservatively...

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