https://calwatchdog.com/2013/03/01/new-life-breathed-into-sacramento-vanity-project/ Fri, 01 Mar 2013 17:04:55 +0000 hourly 1 https://calwatchdog.com/2013/03/01/new-life-breathed-into-sacramento-vanity-project/#comment-8853 Fri, 01 Mar 2013 17:04:55 +0000 http://www.calwatchdog.com/?p=38527#comment-8853 The sports industrial complex is out of control. The huge metropolitan area of LA has been kept from having a NFL team for the sole purpose of extorting new arenas from every other city in the country. Every city, from Cleveland to Denver was threatened, either they build the team a new stadium or the team moves to LA.
Only the sports teams in the biggest markets does it make economic sense to build them a stadium(even tho they easily have the money to build their own stadiums). Teams in the smaller markets, like Sac town, Kansas City, Pittsburg, stadiums are a losing proposition. Initially, fans flock to the stadiums. But the best players are always drawn to the bigger money at the biggers cities. Look at Carmelo Anthony. He dumped Denver for NY. Teams in KC, Denver, Sac town, Pittsburg, ect, will never have baseball or basketball championships. After a few years, fans see that their teams will never compete with LA and NY and Boston. They stop supporting the teams.
A single owner, billionaire Paul Allen of Microsoft who owns the Seahawks, is financially able to finance every stadium in the NFL, along with a couple other leagues. Yet Allen begged and cried that he needed the ‘peoples’ help to build a new stadium. He could afford to pay cash to build at least 20 stadiums(500mil per, times 20, equals 10 billion. He is at worth at least 20 billion)
If the teams financed their own stadiums,then cities could spend their money on things like schools and roads and hospitals.
And for any democrat to support taking hundreds of millions of dollars away from schools and health care to pour money into the pockets of billionaires is stunning hypocracy.
Hondo…

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