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Potential $1.2B Panthers stadium renovation discussion

Lame Duck

By Lame Duck,
in Carolina Panthers

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Pantherzilla91 Community Regular

Pantherzilla91

Posted
Posted
4 minutes ago, jayboogieman said:

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 buy.

What an ignorant post 

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Tbe Grand Master

Tbe

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1 minute ago, TheSpecialJuan said:

Do it or Tepper walks and takes the team with him 


No he won’t. This isn’t Oakland. The NFL won’t let a top 10 population state not have a team. 
 

Given Tepper blew his reputation in SC, he doesn’t have any options unless Raleigh wants to give him money.

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Tbe Grand Master

Tbe

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Just now, Pantherzilla91 said:

How does that benefit me as a fan?

You don’t matter. How does giving 600 million of Meck co and Charlotte city tax dollars to a multi-billionair benefit tax payers?

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jayboogieman Grand Master

jayboogieman

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5 minutes ago, TheSpecialJuan said:

Do it or Tepper walks and takes the team with him 

And? He can afford to renovate the stadium or even build a new one himself and it wouldn't really hurt his worth. Raising taxes for this or shifting money away from other programs hurts the citizens of the city.

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Pantherzilla91 Community Regular

Pantherzilla91

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3 minutes ago, jayboogieman said:

And? He can afford to renovate the stadium or even build a new one himself and it wouldn't really hurt his worth. Raising taxes for this or shifting money away from other programs hurts the citizens of the city.

Glad you don’t care about the team 

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The Crown and the Claw Enthusiast

The Crown and the Claw

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22 minutes ago, jayboogieman said:

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.

*NO INSIDER INFO ON THIS TOPIC*
 

However I did want to clear up misconceptions like this one. City/County Governments have entertainment and tourism budgets earmarked specifically for projects like these. They CANNOT use that money for things such as schools or other infrastructures. It is a completely different pool of resources and does not impact in any way the other budgets

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Smithers Grand Master

Smithers

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25 minutes ago, Jon Snow said:

Have you seen the cost of materials and labor in the construction industry lately?! A new stadium like Jerry World would cost over $3B today.  I would have to see the details of this "renovation" being proposed before I have an educated opinion on this venture.  

For reference, the recently announced new Titans stadium is 2.1B.  A renovation cost this high must include something extravagant.  

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Tbe Grand Master

Tbe

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Just now, Smithers said:

For reference, the recently announced new Titans stadium is 2.1B.  A renovation cost this high must include something extravagant.  


It also includes new practice facilities like what was scrapped in Rock hill.

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Smithers Grand Master

Smithers

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Just now, The Crown and the Claw said:

*NO INSIDER INFO ON THIS TOPIC*
 

However I did want to clear up misconceptions like this one. City/County Governments have entertainment and tourism budgets earmarked specifically for projects like these. They CANNOT use that money for things such as schools or other infrastructures. It is a completely different pool of resources and does not impact in any way the other budgets

Spot on.  I work in local govt mgmt - tourism dollars are governed by state law.  Occupancy tax revenues (likely in the hundreds of millions in Charlotte) come from taxes on hotel stays.  That money can only be spent on tourist and entertainment related expenses that put “heads in beds.”  

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Raleigh PF Rising Star

Raleigh PF

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The NFL pulled in just over 18 BILLION last year in revenue. You would have to think that taking a percentage of that money and setting it aside for "Infrastructure" would be a prudent course of action.

Let's say they take 5% off the top. That's about $900,000,000 per year they could set aside. Surely they would be able to collect enough money to provide "loans" to NFL teams who would pay them back, meanwhile writing off a good chunk of that on their taxes. Kinda seems like a win-win just waiting to be exploited.

And then there's depreciation.

What am I missing?

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    • tukafan21
      something to feel good about in the offseason..."could be something special brewing in Carolina"

      By tukafan21 · Posted

      Then don't tune in. It's really not a hard concept to understand, if your making your decision based on your own personal needs/feelings as opposed to what is best for the future of the franchise, then it's a you problem, not a Panthers problem. When the season is already lost, every fan should be rooting for the same thing.  The team plays hard until the final whistle of the season and keeps improving as a team and individually, but in the end, we still come up short and lose games, and preferably because the other team beat us, not because we screwed up and found a way to lose due to our own fault. Look at it this way... If we are up 1 or 2 points with 3 seconds left in the game and the other team is lining up for a FG.  Beyond the joy of victory or the disappointment of defeat, what impact does the other team making or missing the FG have on our team the following season? ABSOLUTELY NOTHING Except where we draft and what teams we play due to our finish in the division. The players and coaches on the team would have the exact same level of improvement and learnings about themselves individually and as a team whether the FG is made or missed.  The ONLY difference in the end is the record in the standings and if the win or loss number changes. If you want to argue if making the playoffs to lose in the first round or just missing them is better or worse, that's totally fair and I can at least understand the other side of it.  But in what is already a lost season, if you're not hoping your team plays well but ends up losing, then you're cutting off your nose to spite your face.  You're hoping for a moment of happiness at the detriment of the franchise's future, and in turn, you're basically then happy for a moment to only set yourself up for future further disappointment.
    • HaricotVert
      something to feel good about in the offseason..."could be something special brewing in Carolina"

      By HaricotVert · Posted

      If we’re eliminated I want the wins more.   The season is already a disappointment and if I’m not pulling for wins why bother to tune in?
    • tukafan21
      something to feel good about in the offseason..."could be something special brewing in Carolina"

      By tukafan21 · Posted

      Two things terribly wrong with this post. First is that not one time has myself or anyone else agreeing with me said that the team themselves should think that way or try and lose for positioning.  Never once have I suggested the team should purposefully lose games, ever.  I honestly can't understand why people keep saying this in posts, not one fan has ever said the players should or would purposefully try to lose. And second, is yes, that has happened and it's happened very recently.  The 2020 Bengals were 4-11-1 and then were playing in the SB the very next season.   And while it might have been 2 years later and they didn't quite get to the SB, the 2021 Lions were 3-13-1 and then the 2023 Lions were up 24-7 at halftime of the NFC Championship game. The season between those two? They finished 9-8 and only just missed the playoffs. Which is why I keep trying to compare us to the Lions in where we are at in our re-build.  Throw out Bryce's rookie year with the Reich staff who just didn't work out and he looked god awful.   This past season when we were 5-12 in Canales' 1st season is that 2021 season for the Lions and their 1st season under Campbell.  This year is their 2022 where they grew a ton and Campbell's culture building was clear, where I'm saying we'd likely be better off in the long run if we go 8-9 or 9-8 and just miss out on the playoffs (which is still a significant improvement from last year).  Then our 2026 is their 2024 when we have a chance to be a real contender after adding a few more pieces and our key players having another year of experience under their belts.
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