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Panthers want 125 Million in taxpayer money.


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#271 Disinfranchised

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Posted 16 January 2013 - 07:16 AM

Richardson issued a statement Sunday saying he’s dedicated to staying: “It has always been my desire that the Carolinas would be home of our Panthers. Nothing has changed. As someone who was born in North Carolina and lived much of my life in South Carolina, I hope that there would be no doubts about my personal devotion to the Carolinas.”

This is a telegraphed pass. The way for teams to fire a shot over the bow of their home cities is to bring up L.A. – or have it brought up for them. It’s no accident that in his statement Richardson doesn’t completely rule out the possibility of leaving. He leaves that door unlocked, by simply saying that it’s his desire to stay.
It’s not a coincidence that the Panthers are about to unfurl plans for a stadium renovation, and politicians in North Carolina have indicated that they’d be willing to help pay for them. What better way to firm up those commitments than to raise the possibility of a relocation to L.A.? That worked for Indianapolis, Seattle, New Orleans and others.
On top of that, Richardson is close friends with Patrick Soon-Shiong, the L.A. billionaire who is interested in buying AEG and being an owner of an NFL team playing in a downtown stadium. He has been Richardson’s guest at at least one Panthers game this season.
So it’s not inconceivable for Soon-Shiong, who needs Richardson to pave the way for him with the NFL, to do the Panthers owner a solid by nudging an L.A. politician to gin up interest in Carolina’s team, even if there are other franchises far more likely to relocate.

http://articles.lati...report-20121111

#272 Panthro

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Posted 16 January 2013 - 10:53 AM

There better be some mother fuging clauses in this mother fuging $125M gift

#273 fieryprophet

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Posted 16 January 2013 - 11:02 AM

There better be some mother fuging clauses in this mother fuging $125M gift


There's $10,000 allocated to a "Panthro can be bought" clause

#274 Panthro

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Posted 16 January 2013 - 11:07 AM

There's $10,000 allocated to a "Panthro can be bought" clause


Non Relo clauses


Everyone has a price. Apparently you can be bought a lot cheaper.

#275 fieryprophet

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Posted 16 January 2013 - 11:13 AM

Non Relo clauses


Everyone has a price. Apparently you can be bought a lot cheaper.


It was a joke, no need to get pissy.

#276 thefuzz

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Posted 16 January 2013 - 11:16 AM

There better be some mother fuging clauses in this mother fuging $125M gift



Like make it expire as soon as it's paid back?

#277 Happy Panther

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Posted 16 January 2013 - 11:29 AM

It's on prepared food and beverages...so if you don't eat out, it doesn't affect you.


Exactly. I see people complaining about property tax or hotel. This is a 1% increase on food and bev. which will bring in ~$25M a year. I love consumption tax for this sort of thing.

However my question is , what happens when the renovations are done? Governments are good about raising tax but I doubt there will be a motion to remove it later.

#278 Goondal

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Posted 16 January 2013 - 11:36 AM

Exactly. I see people complaining about property tax or hotel. This is a 1% increase on food and bev. which will bring in ~$25M a year. I love consumption tax for this sort of thing.

However my question is , what happens when the renovations are done? Governments are good about raising tax but I doubt there will be a motion to remove it later.


I use to live in FL and many years ago my county added a 1% sales tax for roads and infrastructure projects. When said projects were completed the citizens were given the opportunity to vote to keep it for a new set of projects or let it expire. They voted to keep it.

Not sure how it will work in Charlotte this always seemed like the right way to go.

#279 Happy Panther

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Posted 16 January 2013 - 11:39 AM

I use to live in FL and many years ago my county added a 1% sales tax for roads and infrastructure projects. When said projects were completed the citizens were given the opportunity to vote to keep it for a new set of projects or let it expire. They voted to keep it.

Not sure how it will work in Charlotte this always seemed like the right way to go.


I hear about this with toll roads a lot. Supposed to be temp. Not sure what the plan is for the I-77 widening/toll project.

#280 MHS831

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Posted 16 January 2013 - 07:54 PM

I hear about this with toll roads a lot. Supposed to be temp. Not sure what the plan is for the I-77 widening/toll project.

Good queston. I doubt the remove the 1% hike. If they do not, I would love to see it saved to pay for the next stadium we build, which will be needed in 15 years or so,

#281 TheMaulClaw

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Posted 17 January 2013 - 04:07 AM

Richardson issued a statement Sunday saying he’s dedicated to staying: “It has always been my desire that the Carolinas would be home of our Panthers. Nothing has changed. As someone who was born in North Carolina and lived much of my life in South Carolina, I hope that there would be no doubts about my personal devotion to the Carolinas.”

This is a telegraphed pass. The way for teams to fire a shot over the bow of their home cities is to bring up L.A. – or have it brought up for them. It’s no accident that in his statement Richardson doesn’t completely rule out the possibility of leaving. He leaves that door unlocked, by simply saying that it’s his desire to stay.
It’s not a coincidence that the Panthers are about to unfurl plans for a stadium renovation, and politicians in North Carolina have indicated that they’d be willing to help pay for them. What better way to firm up those commitments than to raise the possibility of a relocation to L.A.? That worked for Indianapolis, Seattle, New Orleans and others.
On top of that, Richardson is close friends with Patrick Soon-Shiong, the L.A. billionaire who is interested in buying AEG and being an owner of an NFL team playing in a downtown stadium. He has been Richardson’s guest at at least one Panthers game this season.
So it’s not inconceivable for Soon-Shiong, who needs Richardson to pave the way for him with the NFL, to do the Panthers owner a solid by nudging an L.A. politician to gin up interest in Carolina’s team, even if there are other franchises far more likely to relocate.


http://articles.lati...report-20121111


Well thought out but disagree. I think JR is just being honest. He wants to keep the team in Charlotte but the next owner can make more money in LA especially if the stadium isn't up to standard and could move the team there. JR could pay 125mill out of his own pockets if he wanted. But the city of Charlotte needs to be tied fiscally to the team if they're going to stay long term when JR departs his mortal coil. This deal is more like a minority ownership deal for the city then just about stadium upgrades.

#282 Upper Deck West End Zone

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Posted 17 January 2013 - 09:43 AM

If you think there will be some sort of clause that binds the team to Charlotte, you're on crack.

Yes...the politicians will make it look that way but, deep in the contract, there will be an out.

JR arrives to speak with the council in secret, has a secret meeting, then tries to leave in secret. He wants free money and he's bullying the city council into handing it over. He could borrow the money tomorrow from a bank and retain total independence but why? The city is happy to provide a $125 handout with no strings attached.

He will take the free money and remain just as independent. The politicians don't care. They just want to look good before the next election and make sure their cronies get what they were promised. It's legalized thievery.

#283 King Taharqa

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Posted 17 January 2013 - 10:04 AM

If you think there will be some sort of clause that binds the team to Charlotte, you're on crack.

Yes...the politicians will make it look that way but, deep in the contract, there will be an out.

JR arrives to speak with the council in secret, has a secret meeting, then tries to leave in secret. He wants free money and he's bullying the city council into handing it over. He could borrow the money tomorrow from a bank and retain total independence but why? The city is happy to provide a $125 handout with no strings attached.

He will take the free money and remain just as independent. The politicians don't care. They just want to look good before the next election and make sure their cronies get what they were promised. It's legalized thievery.


This is why I say it wont be til he leaves the earth that people will point out the "bishop's" flaws and just how horrible an owner he's been for us. Shinn 2.0, just smart enough not to get caught up with the help. I doubt we ever string together 2 good seasons together with him in charge. His hunger for money has always superceded winning. Is he taking it with him?

#284 Happy Panther

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Posted 17 January 2013 - 10:56 AM

His hunger for money has always superceded winning. Is he taking it with him?


JERRY IS CHEAP DERP!!!


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