42 replies to this topic

[CLEARHOT]

Orlando Steelers........Portland Cowboys

[Kevin Greene]

143.75 million over 15 years / 1 million people in Mecklenburg County. $143.75 per resident on average. As a Panther fan I can't help to be happy for the Charlotte, but it doesn't seem right that individuals that are worth millions and billions should take money out of the pockets of average citizens for their private business. Many people have no interest in the sport and no intention of ever using the facility. While I appreciate the benefits that come with having a sports team and their facilities in a city, there should be a clause where all financial support contributed by the city/state is returned upon sale of the team with a marginal rate of interest for the loan included. Considering the rising value of NFL teams it doesn't seem like a lot to ask.

All the Steeler, Giant, Redskin etc fans that dominate the stadium every year appreciate the upgrades though.

[TheGreatestOfAllTimeCam]

Great news on a Friday. Bravo

[longtriad]

Well, great my PSLs are not going to be worthless. A "prepeard food tax" that raises 144 mil in the coming year to give to JR to fix up BOA. Great! I hope I get some new seats or something. I just got to remember whan I make my trips to Charlotte for the games, that I do not purchase any "prepared food". Hey Charlotteans, what they gonna do with that tax after JR has been paid off? HA HA! Charlotte is lucky to have JR and his Panthers. They should give BOA a permanet piece of the action. Ha ha. Yall done been shamood. Ha ha ha.Another tax.

[Lumps]

This is great news. I don't mind extra taxes at all. Would love a new owner though.

[Anybodyhome]

Mecklenburg County already has some of the highest property taxes in the Southeast...so they tax something else. Like all the food people will buy in the stadium.

[Mr. Belding]

Mecklenburg County already has some of the highest property taxes in the Southeast...so they tax something else. Like all the food people will buy in the stadium.

Well since you put it like that, those enormous steelers fans should pay for the upgrades by themselves at our preseason finale.

[X-Clown]

The Panthers could buy out the contract or someone like Los Angeles could buy it out if they wanted the team bad enough. This does make it less likely and certainly it would not happen anytime soon but could happen before 15 years.

According to the article in the CO, the city could sue the panthers if they tried to relocate before the 15 years and the jurisdiction would be in NC courts.

[fitty76]

Just remember the NFL is a non-profit tax exempt entity. How they get away with that, God know.

We are Trillion of dollars in debt and the NFL is allow to exist as a non-profit. How is that possible?

[Spaceballs83]

Just remember the NFL is a non-profit tax exempt entity. How they get away with that, God know.

We are Trillion of dollars in debt and the NFL is allow to exist as a non-profit. How is that possible?

Trillions of dollars in debt and you're worried about the NFL? We have bigger fish to fry to get rid of all that debt.

[Firefox]

These types of taxes are A-OK. Now back to those freeloading poor people

[fitty76]

Trillions of dollars in debt and you're worried about the NFL? We have bigger fish to fry to get rid of all that debt.

Every bit counts. Besides the NFL should not be considered a non-profit. None of the other sports leagues are.

[rainwater]

Every bit counts. Besides the NFL should not be considered a non-profit. None of the other sports leagues are.

It's not considered a non-profit. The NFL has a 501( c ) (6) tax exemption, not 501( c )(3). And to be clear, teams and team owners have to pay taxes. Only the NFL entity itself is tax-exempt.