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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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Totally! Probably wouldn’t even have to raise taxes if some was redirected from police budget towards infrastructure (that includes stuff like stadiums!)
Ok, so you clearly don't know how much stuff costs. Using Seattle as the example, the city budget for this year is listed as $7.4B. The entire police budget is $370M. There's a reason it's rich people who buy sports teams; they have the money.
You think its all paid over one year? You clearly don’t understand how funding and loans work. Also, NBA arenas are NOT 5billion i hate to tell ya. They aren’t the size of football stadiums.
Using seattle as the example, 50mil a year from that police budget would out a sizable dent into the yearly cost of the stadium loan.