[Shotimes] OT outliving a stadium

[James F. Ryan III]

Skyboxes/private suites don't pay salaries; "TV money" pays salaries.

The NY Yankees have the biggest payroll in MLB, and the NY Rangers have
(had) the biggest payroll in the NHL.  Neither one has plans of moving,
building a new venue, or adding sky boxes.

As for taxpayers footing the bill for a new stadium, you need to get new
politicians.  The NY Jets want to leave Giants Stadium (in NJ) and move back
to NY City (good riddens - I wish they'd take the Giants with them).  The
Jets wanted the City to build them a new stadium - with taxpayer money of
course.  A full scale ad campaign was started with many irate taxpayers
saying that the money should obviously be used for Education &
crime-fighting, rather than a new stadium.  As it stands right now, the Jets
are not getting their new stadium (unless they pay for it).



----- Original Message ----- 
From: "bjshov8" <bjshov8@comcast.net>
To: "SHOtimes" <shotimes@autox.team.net>
Sent: Monday, May 02, 2005 10:37 PM
Subject: Re: [Shotimes] OT outliving a stadium


> As players salaries go up, team owners have to look for other sources of
> income to pay the salaries.  One recent idea is to build a new stadium
with
> more private suites to sell.  Take the money from sales of the suites to
pay
> players.  One of our local teams recently has decided to move from our
> suburb to another suburb.  Taxpayers of the other suburb will pay half of
> the cost of the new stadium, the team owner will profit from the new
> stadium, and use part of that to pay higher player salaries.  Another of
our
> local teams has a new arena that they convinced the city to build them-
> again the taxpayers of the city pay 1/2 of the cost of the new stadium and
> the team owner reaps the profit.
>
> > 1966, and it's being replaced???  I don't get it.
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