05-25-2021, 11:10 PM
Raiders new stadium gets financial assistance
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05-26-2021, 12:09 AM
I think the Raiders lease costs them $1 per year… :o
05-27-2021, 02:02 PM
All that public money just dumps into the net worth of ownership. It's why Billionaires want to invest in sports teams they get financial assistance and maybe call it corporate welfare for all the people of that city who don't ever go to games but pay higher taxes.
05-27-2021, 04:49 PM
The domed arena, which opened last summer, was built at a cost of $1.8 billion—$750 million from Clark County, $200 million from the NFL, $250 million from stadium seat licenses and a $600 million bank loan to the Raiders. Mpls and the state of MN each kicked-in big for USB up here...And of course G20 $ + PSL's, so the Wilfs were not out of pocket much.Mpls funding was going to come in part from restaurants and hotel, bar taxes etc..Guess how those trended in 20/21? The states funding is coming in large part from pull-tabs which has proved wildly popular and lucrative. Mpls may be asking the state to help in the near future for their contribution %.
05-29-2021, 11:45 AM
Quote: @purplefaithful said:This turned out to be a GREAT move by the state.
05-31-2021, 07:55 PM
Quote: @Kentis said: My bad, this was reduced… Raiders Las Vegas venue rent reduced to $0 on new lease proposalhttps://raiderswire.usatoday.com/2017/04/20/raiders-las-vegas-venue-rent-reduced-to-0-on-new-lease-proposal/
06-01-2021, 02:55 PM
Quote: @Kentis said:
06-01-2021, 03:24 PM
Quote: @minny65 said: |
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