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[Seattle Times] 15 years after moving Sonics, now it’s the Thunder asking for publicly funded arena
(www.seattletimes.com)
this post was submitted on 20 Oct 2023
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If the public pays for the arena, then it's a public work akin to a park or a library and therefor events there will be free to attend, right? right??
To me it’s pretty simple. If the city pays for it then the city should get a portion of the stadiums profits until the money is paid back.
They do! The city gets a nice 50 Million lump sum from a company (owned by Thunder and City bigwigs) for a 30 year operations contract.
I wish the organization/ownership would pay for this but the amount of people who just have no idea how this works & think it is far far more egregious than it is is nuts