Stadium Talk

[Tbe]

47 minutes ago, thefuzz said:

They are supposed to give it fair market value

Stop right there. That’s exactly right. MARKET value. What would someone pay for it.  NOT what it’s worth to the owner. That’s all a gov can reasonably ask for.
 

My current house is worth a ton to me. It’s where my kids were born, it’s the perfect location for us, friends live in the neighborhood, etc. I wouldn’t sell it if someone offered 100k more than it’s market value.

Do you think it would be fair for the county to tax my property on what they think I personally value the property at?
 

No, that’s not how this works and it’s not the LAW.

[Nails]

11 minutes ago, Happy Panther said:

LA is building a $2B stadium.

Buffalo definitely wants a new stadium. So does the Jacksonville owner. And they will get one. So will we.

 

LA needed to build a new stadium, practically and to lure teams back to their city.  

EVERYONE WANTS a new stadium.  The question is-is it best for taxpayers and PSL owners.

PS-The Chiefs signed Terrell Suggs too.  Just an FYI for those keeping hypocrisy score at home.

[King Schhit]

Tepper knows the stadium is worth more than 87 mil. He also knows the tax assessment overvalues the stadium. This is just the classic case of “Always start negotiations as low as you can to get the other side to go as low as they will.”

[Carl Spackler]

I always get excited when I see Nails post in a thread. I read the post before I saw the author and didn’t even know player he was referring to 

[jackson113]

Panthers will have a new stadium and host a Super bowl in Charlotte...in the next five to ten years...Tepper will come through....

[1of10Charnatives]

3 minutes ago, bull123 said:

Just read where super bowl will net the league $4billion....that’s billion with a B

much of that comes from the host city in form of guarantees for hotels, convention sites, etc that the host city has to “give” the league free

i want NO part of hosting a super bowl in Charlotte 

Source?

I would think the tv deals given the game is one of the most watched events in the entire WORLD would be a much bigger pice of that 4 billion than host city revenue.

[1of10Charnatives]

16 minutes ago, bull123 said:

Yes TV is most of it I think

there is an agreement that the host city has to agree to, somebody posted on here awhile back...it is ridiculous 

if anybody has it, post it again

Yeah I’m not saying I’m wildly enthusiastic about hosting either, was just curious on that point.

[Moo Daeng]

11 hours ago, Mr. Scot said:

Fair enough.

I do think it's possible that the Panthers might have some...ulterior motives here, though.

Reducing taxes isn't an ulterior motive. Its what everyone does all the time.

[1of10Charnatives]

9 hours ago, Moo Daeng said:

Reducing taxes isn't an ulterior motive. Its what everyone does all the time.

True, but let’s be realistic about something:

If the government says your house is worth 400k, you bought it for 350  two years ago, and you come back and appeal saying you think it’s only worth 200k, the government is not going to meet you in the middle at 300k just because you pulled 200 out of your arse. If you’re lucky and they think you have a bit of a point, they’ll come down to 375. If you hire a lawyer or an expert and make a big deal of it, maybe you get them to 350, but they are gonna throw your garbage 200 number out the window.

The difference between you and I and Tepper is because of his status and leverage, the government is actually meeting him halfway on a number that is garbage.