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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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I will never understand why public funds should pay for >50% of the funds for a privately owned sports clubs arena
These comments are dumb. They are really stupid and doesn't make sense in a business world. The analogy to this, and let me explain, if you own a business and your looking for a place to relocate. Your options are a mall and a shopping center. You choose the shopping center. You, as an tenant, become the Leasee. The shopping center becomes the Leaser. You sign a lease for x amount of years. After x amount of years the shopping gets rundown from wear and tear. After the end of your lease you have options. To sign a new Lease, build your own Facilities, or move. This same process has with sport franchises, the city and facilities is what attracts said business, and the cities are considered the Leader. If the City are business wants to keep their tenants the have to provide facilities etc to keep said tenants. This shit happens to real people but they can't get this concept. Its the same as owning a house or renting an apartment, which do you prefer.