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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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This is one of the biggest taxpayer rip-offs in the country. Under the guise of the limited jobs it creates. Study after study proves what a rip-off it is. New York taxpayers are about to foot 1 billion so the Bills can keep coming up short of expectations.
The fact that it's coming from the state and not the municipality is the truly wild part of the Buffalo stadium deal. It's one thing if the money's coming from the area because, even if they're still atrocious "investments" when it comes to public funding, at least it's still the people that will gain whatever benefits there are to be had from having a stadium and NFL team. The vast majority of NY state taxes come from NYC, though, and I feel damn confident saying that at least 99% of NYC residents are literally never going to see any benefit in the slightest. That's next level fucked, IMO.
There's very little musicians left who can draw crowds big enough to fill these places up. Especially in poor smaller markets. Then the NFL stadiums which are custom built for 8 home games a year.
I don’t know Chase Center in San Francisco doesn’t seem to have this issue. I know the income level there is higher than other places, but the tours don’t start and stop in SF so they must be filling arenas in other areas… no?