Mr. WEO

The studies don't look at the impact of a team leaving a city (no team that got the new stadium left). A team that doesn't move doesn't (re)pay for a new stadium with the taxes they have always been paying playing in the old stadium. It's not new revenue for the state, it is a new expense for the state.

St Louis is kind of crying I guess. But then again, they fronted a stadium to take the Rams from LA. When their citizens refused to buy yet another Rams stadium, the owner took the team back to LA--and built a 5 billion palace with his own money. Not quite what's going on here.... Also, St. Louis lost a team and got another one...then lost that team as well. It's an NFL dead zone--why would a team move there at this point? As for the second, the new stadium will create a lot of temporary new jobs perhaps--assuming the workers building it are currently unemployed or from out of state. Once it's done, it will not have a significantly larger staff working there on game days (or with a skeleton maintenance crew for the other 350 or so days it's empty). Not sure what a nebulous job is but let's just look at a recent example: The public commitment for the stadium is about 1.1 billion. For a public commitment of 1.52 billion (1.2 billion tax credit, 350 million cash, based on actual performance/job numbers), the state had an agreement to subsidize (not build) "H2" in LIC bringing 25,000 jobs averaging (per Amazon) $150K per year. This deal would have generated 27 billion in income tax revenue over 25 years------and it was OPPOSED by downstate politicians! Easily one of the worst political/fiscal decisions in the city's history. Let all of the posters whining about "downstate" ruminate on that for a bit. Obviously Amazon isn't coming to Buffalo, but such incentives, if competently vetted (sorry Erie County!) can bring actual new jobs, not just wrap existing jobs in expensive new clothes. As for what I should "worry" about, out of staters like you really have no legitimate skin in this game so your opinions should be given weight proportional to that.

Everyone assumed Pegula wanted a freebie. That wouldn't be news. The topic of discussion is whether NYS could have negotiated a better deal for the State. Also, why do you say you "have to read this"? Just a guy stating well known research on stadium funding--stuff you already knew as a TSW reader. Who made you read it? That's assuming the Bills would have moved if they had to pay a penny more than they now will have to pay for a new stadium. It also assumes that 850 million could not have been used to produce more jobs that produce an equal amount of tax revenue from business and employee income. Both aren't solid assumptions.

NYS is already making all that tax money from the team/players without the new stadium……

Like AB interested?

he didn’t make his academic field of study as an economist for the clicks (perhaps for the chicks, though?) Anyway, all internet articles are made for the clicks—in this case it’s yahoo, not the Economics Professor, who is getting them

It's a sports economist who has studied stadium deals for years for whom you provided a link to his academic employer email address. That's who.

Outside of....Buffalo? The information regarding the impact of new stadiums on their surroundings isn't going to be suddenly different for Buffalo as it has been everywhere else. This makes no sense. The article you cited discusses only the County's obligations under the new contract, not the states. All told, including the 600 milliom state, 250 million county, 6 million capital improvement fund per year for 30 years, 6.7 million per year times 15 for maintenance, 4 million a year for capital improvement (from Erie) and 900k a year to capital improvements from Bills lease payments. Total public costs 1.13 billion upfront +ongoing.

It's 383 million. It's income EBITDA.

Hmmm....where have I read this before? "The Bills and their owners, Terry and Kim Pegula, don’t need a handout. With a net worth of $5.8 billion, Terry Pegula ranks as the ninth-richest owner in the NFL. The generous revenue-sharing structure of the NFL means that even playing in one of the league’s smallest markets, the Bills have earned over $300 million in operating income since the Pegulas purchased the team for $1.4 billion just seven years ago. And since then, the value of the Bills has risen by another $900 million. The Pegulas have earned enough on their investment in just seven years to pay for the entirety of a new stadium on their own." Dude should cite his TSW sources...

Why would a business owner want to build (or at least significantly contribute the building of) the facility that will house his business? You're right--that would just be silly. Business owner just do not build buildings. Anyway, that silly question aside....the Pegula's aren't treating me or anyone else to a stadium (hence, this thread). The topic of this discussion is should they not soak the season ticket holders for the balance of their portion of the "privately funded" construction costs. They certainly don't need to. After the state, county and NFL/G4 contributions, they are on the hook for about $350 million. They can swing that easily and it is a small amount to pay for the financial benefits they (alone) will reap from the new stadium. It would be a hardship for many season ticket holders

Absolutely untrue. They could simply choose not to charge PSLs and cough up that small % of the cost of the stadium from their vast personal wealth.

Why would he care? These decisions are run by him. He got paid. All that other stuff was nonsense.

The Lord: "you're a liability out there. I'm sending you to Pittsburgh. Go Bills"

San Diego right now: "huh?" Austin: "I know, right?"

Wait, there's another 5 page thread saying it could (and Should?) be Daxton Hill...

If Hochul was a reporter and posted this on twitter, she would get roasted here. She "indicates" "larger cities, like San Diego that would love to have a team" and this becomes " San Diego was interested in taking the Bills away from Buffalo". She only throws this whopper out there as here ship suddenly is taking on water and sinking and the sharks are circling downstate.

he's not going to line up everywhere on this team. For the value and impact he will have, a similar guy can be had in a later round.

remember that 9 OT Penn State game? It wasn't even football. As for the chip. be prepared for the replay to show the tip of the ball cross the plane and no TD indicated by the chip. Gambling addicts will rend their clothing....

One doesn't draft a slot corner in the 1st....or does one?

Is the chip in the middle of the ball? is there a chip on either point of the ball? Also, the OT "shootout" is a joke.

The Generals struggling to decide which "Lone Star Conference" QB they want to lead them to glory....

Josh is better than Rodgers right now.

Keyshawn was banging the table HARD for Cam Newton last off season for obvious reasons. Same for Watson, who's had one very good season.