Game analysis, highlights and everything else that is happening in the NBA.
It's almost like Clay Bennett is a gigantic piece of shit or something
Sure so long as owners are willing to split a reasonable percentage of profits until the cost and some interest is paid off. Hmm where have I heard that idea before?
To me a billionaire owner asking the city to pay for their stadium is like the NFL paying its superbowl performers nothing and having the back up dancers work for "exposure."
Yeah maybe your right, maybe that dancer is just glad to get the "exposure." But is that fair? NFL making 4 mil selling a 30 second ad and selling tickets for 100k a seat, while the dancer gets paid nothing?
Yeah the city will get some extra revenue from a new arena being built, but isn't that how business is supposed to work? You build a new arena and can sell tickets at higher prices, city sees a cut of tax revenue, everybody wins? But because your business is really successfull you want taxpayers to give you a kickback on top of all that profit? Its pure greed and exactly what's wrong with the world today, billionaire not satisfied with being a billionaire and needs to exploit the lower class more.
The only thing I can think of being reasonable is taxpayers paying for the land it’s going on.
It would really be something if the Thunder relocate back to Seattle. Certainly would keep the record book neat and tidy vs giving them an expansion team.
Seattle gets to keep the records & history of the Sonics, so it's already set up to be pretty neat and tidy anyway.
The arena is supposed to cost $900 million and the team is going to contribute $50 million. How helpful of them. Meanwhile the existing one just became old enough to have a beer.
Meanwhile in Philadelphia it seems the owners are willing to build it with their own money in the center of the city, and will add affordable housing with it, and no one wants it(correct me if I’m wrong I’ve been out of the city for a few years now)
Millionaires and Billionaires asking for handouts.
And then they wonder why we detest them...
Well well well how the turntables
Why are they charging me admission then if I paid for the arena?
Move them back
My understanding is the Thunder we’re willing to pay significantly more in cost of the new stadium for a shorter lease time, with the lease team of the new proposed deal is 30 years.
Team is offering to pay $50M out of a minimum $900M lol i guess the lack of shame is one of the reason these guys are so rich.
A very big one
It never ends. Think about it too. Let's forget about the hundreds of millions of tax dollars already spent remodeling and renovating it for the Thunder, but just the .9B, OKC government wants to spend on this spread out over 15 years is like 60 million a year the taxpayers are paying to rent the team.
Green Bay Packers are ostensibly publicly owned but I have no clue what that looks like in practice in terms of revenue for Green Bay or whatever.
Color me shocked
The article doesn't mention the Thunder owner paid a $350 million dollar relocation fee when he moved the team I wonder why
the NBA owners as a whole have to approve relocations, they rejected the Seattle group buying the Kings, recall!
so i’m confused at how much leverage the Thunder realllllly have here to extort the city, when we know the NBA won’t let another team move again.
can OKC not push a more middle ground deal with a profit share for the city? the city helping secure the huge initial capital makes sense, but they should simply share in the benefits.
Only way taxpayers should be paying for a stadium is if it belongs to THEM. Profits from everything gets put back into the community not into corporate pocketbooks. Otherwise, billionaires can pay for their own playground.