Originally posted by sh76EVERY city is inept at negotiating these types of deals.
Then the city should have gotten Bud to sign a 20 year lease in exchange for the improvements.
The city made a bad business deal and was inept at negotiating.
They WANT the pro sports for the revenue generation and taxes.
It isn't the other way around.
They bend over and cut deals to get them.
Adams did have a lease.
He bought it out courtesy of the fools in Nashville.
Originally posted by shortcircuitThe fact that cities are inept at negotiating these deals (or don't really care if it is a bad deal, they want short term credit for attracting/ keeping a team) is one of the major reasons why citizens should vote against using their money for private teams.
EVERY city is inept at negotiating these types of deals.
They WANT the pro sports for the revenue generation and taxes.
It isn't the other way around.
They bend over and cut deals to get them.
Adams did have a lease.
He bought it out courtesy of the fools in Nashville.
Originally posted by quackquackI agree. I believe the sports teams should bear the burden.
The fact that cities are inept at negotiating these deals (or don't really care if it is a bad deal, they want short term credit for attracting/ keeping a team) is one of the major reasons why citizens should vote against using their money for private teams.
They should then reap the rewards from their ticket sales.
The city gets a tax collection, but no debt service.