BuffaloRebound
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Everything posted by BuffaloRebound
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I agree with almost all of this, but I think a Niagara Falls NY stadium is the only option that won’t be a complete money pit. Niagara Falls is by far the best thing WNY has going for it. It was once a must see destination and could be again with the right investments. Downtown Buffalo doesn’t have the corporate/business base and nobody vacations in Buffalo. There is even less reason to build something new in Orchard Park.
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I disagree. There’s no LA out there anymore. An Austin or St. Louis move isn’t a jackpot for Pegula. Increases value of Bills by $1B at most. Then subtract from that all the investments Pegula has made in WNY which will basically become worthless. Then factor in that he and his family will become the most hated people ever in WNY and among Bills fans all over the country.
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What a chicken little BS article. NFL loses way more than it gains if it leaves Buffalo. Plus there is no obvious relocation candidate like LA was for 25 years. The TV and media contract accounts for large majority of NFL revenues. If you go by Forbes, the Pegulas $1.4B investment has increased by $900m since they bought franchise. Being from WNY we know to never get over-confident, but government/taxpayers hold most of the cards in the stadium negotiations.
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Forbes 2021 NFL franchise values
BuffaloRebound replied to Beast's topic in The Stadium Wall Archives
Billionaires don’t need to sell assets to cash in. They borrow against their assets and best thing for them is they no pay taxes on what they borrow. I believe NFL recently raised limit that owners can borrow against their franchise to $1billion. So the increase in franchise value due to new stadium is absolutely going into the Pegulas pockets whether they sell or not. https://www.businessinsider.com/american-billionaires-tax-avoidance-income-wealth-borrow-money-propublica-2021-6?op=1 -
Forbes 2021 NFL franchise values
BuffaloRebound replied to Beast's topic in The Stadium Wall Archives
Right. So shouldn’t Pegula pay for the stadium or at the very least the bump in what Bills will be valued at with new stadium? That’s the government’s negotiation side and hard to argue with. The only leverage Pegula has is threatening to move the team. -
Agreed when it comes to Buffalo. Put it in Niagara Falls with some nice hotels and with the Canada side, you have a venue that could land a super bowl and compete for a lot of high level events. Every new stadium built in the last 15 years came with the promise of a super bowl. That should be the barometer on whether a new stadium is worth throwing tax dollars at. If NFL won’t commit to hosting super bowl there, don’t put taxpayer money into it.
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That’s the only place in WNY that could come close to justifying building a new stadium and the price tag that comes with it. Nobody is clamoring for a new stadium in Orchard Park other than the NFL owners. The Bills aren’t going anywhere. Pegula and NFL have zero leverage. The Austin rumor tells you how bad their negotiating position is. Any taxpayer money spent on a new Orchard Park stadium is just asking the current people going to the game to spend more money when the vast majority are happy with current game day experience.
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It’s not about Niagara Falls being much of a city, it’s that it’s a destination. The Canadian side is already Super Bowl caliber in terms of hotels and attractions. You spend $1billion on the American side and you’re talking about a world class destination and that stadium would have high profile events year round. Put it in Orchard Park and it’s the same thing as current stadium except higher prices for people who were already attending the 10 Bills games per year.
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Spending a billion for an Orchard Park replacement is absurd. Put it Niagara Falls and you’d get a Super Bowl and compete for anything that Detroit and Minneapolis get in their stadiums. If we’re talking a billion dollars and public funding, building something new in Orchard Park is a complete waste of money. Let Pegula and NFL pay for new stadium in Orchard Park.
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Public vs Private Financing for All NFL Teams
BuffaloRebound replied to Irv's topic in The Stadium Wall Archives
In terms of leverage, it’s pretty much all on the govt negotiators side. Bills fan base has elevated their game to legendary status. NFL would take a huge hit moving team out of WNY. The problem with spending that kind of money for something new in Orchard Park is that it provides minimal revenue upgrades over the current situation. If your gonna spend close to a billion dollars on a stadium in WNY, the only way it could ever make any financial sense is putting it in Niagara Falls. -
Yeah. If 18 guys aren’t vaccinated and it’s reasonable to assume the huge majority of those 18 feel comfortable about making the 53 man roster, that 80% number dips in a hurry come cut down day. Hey at least we’re not in Washington’s boat, but latest numbers were half the teams with 90% vaccination rates. For a team with legit Super Bowl aspirations, it’d be a lot better to be in the 90% plus crowd.
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Stephon Gilmore holding out?
BuffaloRebound replied to PromoTheRobot's topic in The Stadium Wall Archives
He’s probably got decent trade value if he’s willing to play for $7m this year. Bet New England could get a 3rd for him if he’s not demanding a new contract from acquiring team. -
Danielle Hunter Situation
BuffaloRebound replied to BillsShredder83's topic in The Stadium Wall Archives
Can’t see Bills trading for a guy who wants to be paid $20m+ per year before they deal with Josh’s contract -
Hey Levon... You made the wrong choice
BuffaloRebound replied to kirkwoodus13's topic in The Stadium Wall
I think we dodged a bullet when he chose KC. He got his big payday and hasn’t had a productive year since 2017. -
I’m sure he wants another crack at an NFL gig, but throwing your former boss under the bus even if true isn’t the way to do it.
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