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Potential $1.2B Panthers stadium renovation discussion


Lame Duck
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City discussed $1.2 billion framework for Panthers stadium renovations 

https://www.wsoctv.com/news/local/city-discussed-12-billion-framework-panthers-stadium-renovations/GPQZECP3AZAWHBQSMPQ5CZTEA4/

The Charlotte City Council discussed the future of Bank of America Stadium in a closed session on January 31. 

>>At 6 p.m., Channel 9′s Joe Bruno will break down how the city and the Panthers will arrange funding for the stadium.

In that meeting, city leaders discussed a potential framework of a $1.2 billion project with $600 million in public funds. The discussion was meant to brief Charlotte City Council on what a potential deal could look like.

Edited by Lame Duck
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2 minutes ago, Purrnicious said:

As long as my PSL's don't become worthless because of a new stadium and they don't put a dome on the current stadium I don't care. 

I don't see how they're gonna spend the equivalent of damn near top dollar for a modern new stadium and NOT put a dome over BOA. There's gonna be serious fat involved in the project to line the appropriate pockets, but damn... you're still going to have to do some MAJOR work to justify 10 figures of spending on paper.

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10 minutes ago, LinvilleGorge said:

Economic studies have shown that public spending on stadium projects is a terrible "investments" and essentially amounts to a handout to billionaires. Something feels extremely grifty about the numbers involved too. Jerryworld cost $1.4B to build in '04 and was considered wildly extravagant at the time. The Falcons' new stadium cost $1.6B. You're telling me you need $1.2B just to RENOVATE our current stadium? I call BULLSHIT.

off with his head GIF

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The city would be much better off to invest that money in infrastructure, mental health help, the homeless, education, or lots of other things than giving it to Tepper, especially just for a renovation. If he threatens to move the team over it, tell him bye.

Edited by jayboogieman
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