Wonder how long it will remain "New Era Field"?

[RobH063]

To answer the OP's original question, the stadium will remain New Era Field through the end of the current stadium lease. Even if New Era completely left the Buffalo area, it would still have the stadium name. They already paid for those rights and the contract runs through 2022 when the current lease ends. Then they have the right of first refusal in regards to a new naming rights agreement or ending it.

Edited November 13, 2018 by RobH063

[fansince88]

4 minutes ago, dave mcbride said:

NY is doing pretty well, driven largely by high-tax NYC, which generated roughly 3/4 of a million new jobs in the last 12 months. So I don't really understand your point. 

As for why the Derby plant is closing, New Era has a new business model that focuses more on branding and isn't tied to hats. It wants a manufacturing facility that can handle that. Derby ain't it. There is also the union issue, although New Era (somewhat implausibly) denies it played a role. 

The unemployment rate is in line with the national average. While Unemployment is down so is the worker in the workforce. Census says 1 milkion have left since 2010. Thst is my point. Originally my point was that businesses have been leaving NY and discussion has grown to this. 

[OldTimeAFLGuy]

41 minutes ago, PromoTheRobot said:

 

So why did Amazon locate their HQ2 in NYC?

 

.....The Don Cuomo and his billion strikes again....Buffalo and now Queens......wonder why this guy does NOT have an email address?....what's traceable?.....the Teflon Gov.....

[Lurker]

6 minutes ago, fansince88 said:

1)Unemployment rate has nothing to do with business moving out. People are too. NYS is #2 in the nation people are leaving.

2) Your assumption was incorrect. 

 

The only one assuming here is you.

 

The people leaving NYS are retirees and middle aged workers with mismatched labor skills (i.e., ex manufacturing workers who don't have the skills needed for a growing knowledge-oriented service economy).   The data's all there in the annual American Community Survey produced by the Census Bureau.   Even a caveman can do the analysis, but it's a lot easier to just repeat 'conventional wisdom' ad nauseum.

 

Factoid:  The Millennial population in the Buffalo-Niagara metro area has grown at almost twice the national average over the past decade (21.7% vs 12.5%).    A net increase of nearly 30,000 people, of whom about three-quarters have an Associate's degree or higher...

[OldTimeAFLGuy]

22 minutes ago, dave mcbride said:

NY is doing pretty well, driven largely by high-tax NYC, which generated roughly 3/4 of a million new jobs in the last 12 months. So I don't really understand your point. 

As for why the Derby plant is closing, New Era has a new business model that focuses more on branding and isn't tied to hats. It wants a manufacturing facility that can handle that. Derby ain't it. There is also the union issue, although New Era (somewhat implausibly) denies it played a role. 

 

...and how is their debt load?.....mortgaging the future?......$62.7 BILLION/yr for welfare ranks us in the top 3.....top income tax rate of 9%.......hate to tell you what I pay for Guido to urinate it away.....

[T master]

It definitely sucks for those that have put in the time at that plant & who knows what will happen to the naming rights to the stadium but along with the loss of those jobs will be the loss of tickets sales to all of the games weather it be hockey, football, or any other professional sports .

 

And the NFL wants the Bills to build a new Billion + $ stadium well Roger better get on the phone with the powers that be & tell them to change their way of doing business with businesses or there won't be any money for fans to go to games & that won't bode well for the future of the team or the state ...

 

A lot of the reason why i moved from there some 35 yrs ago Albany just doesn't have a clue yet those in power stay in power ...

 

Good Luck Ya'll !! 

 

 

 

 

 

 

 

 

[dave mcbride]

25 minutes ago, fansince88 said:

The unemployment rate is in line with the national average. While Unemployment is down so is the worker in the workforce. Census says 1 milkion have left since 2010. Thst is my point. Originally my point was that businesses have been leaving NY and discussion has grown to this. 

I don't disagree that the trendlines in upstate NY are worrying, and there are a lot of factors involved, including state policy.  (That said, don't discount weather for older people; it's a HUGE factor in population flight). But the problem with the argument is that NYC has higher tax rates, is more heavily regulated, and is a more difficult business environment to break into than any other place in NYS. Yet it is booming, and its population has increased significantly over the past 25 years, from around 7.4 million to 8.623 million.  Other high tax/high regulation states like Oregon and Washington are booming too, and near the top of the annual population growth list. 

 

I guess my point is that blaming state regulatory policy just doesn't make a lot of sense to me. There are too many factors involved, and why some regions decline and others thrive is a really complicated issue. To be fair, I don't doubt that misguided local policies play some role (Christ, the fact that they don't have an 8-lane bridge to the economic heart Canada--just across the river!--is outrageous).

Edited November 13, 2018 by dave mcbride

[without a drought]

29 minutes ago, RobH063 said:

To answer the OP's original question, the stadium will remain New Era Field through the end of the current stadium lease. Even if New Era completely left the Buffalo area, it would still have the stadium name. They already paid for those rights and the contract runs through 2022 when the current lease ends. Then they have the right of first refusal in regards to a new naming rights agreement or ending it.

They also have rights of first refusal on any new Bills stadium.

[Marv's Neighbor]

New Era may want to hold off till they see who will be the new FLA. Gov?  Could make a big difference on their taxes.

 

The talk in Virginia about Amazon is; Dr. Evil already owns the Washington Post.  So he's consolidating in the DC area to be in a better position to resist whatever his future may be, with respect to any future anti-trust problems.  They're locating to "National City," formerly Crystal City, just W of Reagan National Airport.  That area used to be full of Government and contractor offices.  A while back, somebody put in a Govt. reg. that all offices had to be set back 80+ feet from the road.  Crystal City couldn't move US-1, and DCA wasn't going to move their N-S runway, so the area is very much high vacancy, right now.

 

The rush hour traffic to/from DC (I-395) and the Pentagon is already FUBAR.  This could make it worse BUT the number of jobs moving to the area is still not published. 

 

When Boeing moved from Seattle to Chicago.  Illinois gave them the store but they never gained any manufacturing jobs, only 200-300 office types.  Maybe Amazon will be similar?  Don't know about the Long Island location but there's not very much real estate in Arlington VA.,that could handle warehousing type operations.

[fansince88]

9 minutes ago, Lurker said:

 

The only one assuming here is you.

 

The people leaving NYS are retirees and middle aged workers with mismatched labor skills (i.e., ex manufacturing workers who don't have the skills needed for a growing knowledge-oriented service economy).   The data's all there in the annual American Community Survey produced by the Census Bureau.   Even a caveman can do the analysis, but it's a lot easier to just repeat 'conventional wisdom' ad nauseum.

 

Factoid:  The Millennial population in the Buffalo-Niagara metro area has grown at almost twice the national average over the past decade (21.7% vs 12.5%).    A net increase of nearly 30,000 people, of whom about three-quarters have an Associate's degree or higher...

I dont think you realize why my assumption statement was made because you followed it up with a reaso that did not follow why my statement of the assumption was made. That said you should have paid closer attention rather then Lurk. 

2 minutes ago, dave mcbride said:

I don't disagree that the trendlines in upstate NY are worrying, and there are a lot of factors involved, including state policy.  (That said, don't discount weather for older people; it's a HUGE factor in population flight). But the problem with the argument is that NYC has higher tax rates, is more heavily regulated, and is a more difficult business environment to break into than any other place in NYS. Yet it is booming, and its population has increased significantly over the past 25 years, from around 7.4 million to 8.623 million.  Other high tax/high regulation states like Oregon and Washington are booming too, and near the top of the annual population growth list. 

 

I guess my point is that blaming state regulatory policy just doesn't make a lot of sense to me. There are too many factors involved, and why some regions decline and others thrive is a really complicated issue. To be fair, I don't doubt that misguided local policies play some role (Christ, the fact that they don't have an 8-lane bridge to the economic heart Canada--just across the river!--is outrageous).

You make some great points.

[dave mcbride]

1 minute ago, Marv's Neighbor said:

New Era may want to hold off till they see who will be the new FLA. Gov?  Could make a big difference on their taxes.

 

The talk in Virginia about Amazon is; Dr. Evil already owns the Washington Post.  So he's consolidating in the DC area to be in a better position to resist whatever his future may be, with respect to any future anti-trust problems.  They're locating to "National City," formerly Crystal City, just W of Reagan National Airport.  That area used to be full of Government and contractor offices.  A while back, somebody put in a Govt. reg. that all offices had to be set back 80+ feet from the road.  Crystal City couldn't move US-1, and DCA wasn't going to move their N-S runway, so the area is very much high vacancy, right now.

 

The rush hour traffic to/from DC (I-395) and the Pentagon is already FUBAR.  This could make it worse BUT the number of jobs moving to the area is still not published. 

 

When Boeing moved from Seattle to Chicago.  Illinois gave them the store but they never gained any manufacturing jobs, only 200-300 office types.  Maybe Amazon will be similar?  Don't know about the Long Island location but there's not very much real estate in Arlington VA.,that could handle warehousing type operations.

One of things that Amazon always focuses on is access to talent. NYC and the DC area simply have a lot more of it. 

[Marv's Neighbor]

2 minutes ago, fansince88 said:

I dont think you realize why my assumption statement was made because you followed it up with a reaso that did not follow why my statement of the assumption was made. That said you should have paid closer attention rather then Lurk. 

Lurk??  Pog mo Thoin!

[fansince88]

2 hours ago, \GoBillsInDallas/ said:

New Era closing Buffalo plant, moving production to Florida:

 

http://buffalonews.com/2018/11/13/new-era-plans-closure-of-derby-manufacturing-plant-in-march-2019/

 

 

Sorry it seems a statement I made seems to have hijacked this thread. That said, it is hard to say. Many other named stadiums dont have local business names correct? Im wondering not stating.

[Buffalo716]

2 hours ago, Irv said:

Thanks Cuomo!  I'm still scratching my head on why New Era would bother being a sponsor.  Unlike shoe and clothing companies I have never bought a hat based on the brand.  If it was a Stetson - maybe.  But these are baseball hats.  I couldn't tell one brand name on mine. 

 

Sold a lot of sports apparel back in the day.

 

New Era hands down had the best selection and quality of sports headgear 

[fansince88]

2 minutes ago, Marv's Neighbor said:

Lurk??  Pog mo Thoin!

Huh??

[Dr.Sack]

1 hour ago, joesixpack said:

 

And when an ocasio-loonez pops up like's happened in Seattle and calls for a head tax because Amazon is "stealing money from the poor?"

 

 

So you are on the record as favoring socialism for the rich. ??

 

Amazon doesn’t need these tax breaks no more than Buffalo taxpayers among the poorest in cities over 200,000 need to kick-in $500 million for a new stadium. 

 

Just so we are clear, do you think WNY taxpayers should be on the hook for providing subsidies to billionaire natural gas tycoons like Terrence & Kimberly Pegula? 

 

 

[John in Jax]

2 hours ago, Irv said:

Thanks Cuomo!  I'm still scratching my head on why New Era would bother being a sponsor.  Unlike shoe and clothing companies I have never bought a hat based on the brand.  If it was a Stetson - maybe.  But these are baseball hats.  I couldn't tell one brand name on mine. 

As someone who has been bald for about 40 years.....and wearing ball caps ever since I was a Little League All-Star in the southtowns.....all I can say to this post is...SAY WHAT!? LOL  If you can't tell the difference between a sized, quality ball cap vs. a cheap, Far Eastern made crap hat, I probably can't help you.

 

BUT, just like most every product out there, there are definitely differences between cheap crap and high-end stuff.  It's no different with quality made sports caps/hats.  The old adage is true: You get what you pay for.  And of course, these hats cost even more, because they have to pay: MLB, NFL, NHL, NBA, Colleges, etc. for the licensing fee.

[Just Jack]

5 hours ago, fansince88 said:

Sorry it seems a statement I made seems to have hijacked this thread. That said, it is hard to say. Many other named stadiums dont have local business names correct? Im wondering not stating.

 

Carrier Dome in Syracuse, former headquarters of Carrier Corp, now owned by United Technologies in CT. Carrier still has buildings here, but the workforce is a lot smaller than it was even 20 years ago.

 

5 hours ago, Marv's Neighbor said:

The rush hour traffic to/from DC (I-395) and the Pentagon is already FUBAR.  This could make it worse BUT the number of jobs moving to the area is still not published. 

 

When Boeing moved from Seattle to Chicago.  Illinois gave them the store but they never gained any manufacturing jobs, only 200-300 office types.  Maybe Amazon will be similar?  Don't know about the Long Island location but there's not very much real estate in Arlington VA.,that could handle warehousing type operations.

 

25,000 from one article I read, for each location, NYC and VA. Then another 5,000 or so in Nashville.

 

Edit: https://www.syracuse.com/state/index.ssf/2018/11/amazon_hq2_ny_tax_incentives.html

 

6 hours ago, Lurker said:

 

Nope.   $1.5 billion over ten years is equivalent to a five minute squat in the Amazon executive washroom.   

 

NYC has the talent pool needed to add 25,000 jobs from.   That's invaluable to a trillion dollar company.     $1.5 billion in tax credits?    Not so much... 

 

Same article said NY/Cuomo offered three times the tax break/incentives of any other location. 

[Bookie Man]

10 hours ago, KD in CA said:

That sucks.  I was on the plant floor when they announced the Smith Corona factory in Cortland was closing (long time ago).  It's a really ***** event to witness.

I remember that. My mom worked there. Tough day.

[GG]

14 hours ago, dave mcbride said:

I don't disagree that the trendlines in upstate NY are worrying, and there are a lot of factors involved, including state policy.  (That said, don't discount weather for older people; it's a HUGE factor in population flight). But the problem with the argument is that NYC has higher tax rates, is more heavily regulated, and is a more difficult business environment to break into than any other place in NYS. Yet it is booming, and its population has increased significantly over the past 25 years, from around 7.4 million to 8.623 million.  Other high tax/high regulation states like Oregon and Washington are booming too, and near the top of the annual population growth list. 

 

I guess my point is that blaming state regulatory policy just doesn't make a lot of sense to me. There are too many factors involved, and why some regions decline and others thrive is a really complicated issue. To be fair, I don't doubt that misguided local policies play some role (Christ, the fact that they don't have an 8-lane bridge to the economic heart Canada--just across the river!--is outrageous).

 

NYS leadership really need to reconsider their policies as they are creating a modern feudal state whose fortunes are dependent on 9 counties that are physically separated from the rest of the state.