14774 Posted April 19 Posted April 19 https://www.ticketnews.com/2024/04/supreme-court-may-hear-buffalo-stadium-funding-lawsuit/ I haven't seen this reported by any Buffalo news source, nor in this thread. Quote
PromoTheRobot Posted April 19 Posted April 19 1 hour ago, 14774 said: https://www.ticketnews.com/2024/04/supreme-court-may-hear-buffalo-stadium-funding-lawsuit/ I haven't seen this reported by any Buffalo news source, nor in this thread. It is rumored Ryan Smith, owner of the Utah Jazz who just got the NHL to sell him the Arizona Coyotes, funded the groups opposing a new Coyotes arena in Tempe. So always ask who is behind actions like these. 1 Quote
Virgil Posted April 24 Posted April 24 1 minute ago, Buffalo_Stampede said: Did we ever get a video like this yet? Good thing it doesn't snow in Chicago for them to have a dome...oh wait 1 1 Quote
Jukester Posted April 24 Posted April 24 14 minutes ago, Buffalo_Stampede said: Did we ever get a video like this yet? That video was awesome. We are so bush league. 1 Quote
Buffalo_Stampede Posted April 24 Posted April 24 18 minutes ago, Virgil said: Good thing it doesn't snow in Chicago for them to have a dome...oh wait I think the problem people aren’t seeing with no dome is I think in 20 years or less the Bills will be the only non dome stadium in cold weather. We will see what happens. Maybe there will be renovations in 20 years that puts a dome on it. Quote
K-9 Posted April 24 Posted April 24 1 hour ago, Buffalo_Stampede said: Did we ever get a video like this yet? Awesome video, but I wish them luck convincing the taxpayers to foot half of the $4.6b cost. And we thought $850m was too much? Pocket change compared to $2.3b in public funding. Quote
TheFunPolice Posted April 24 Posted April 24 it feels like we're not getting value for our $$ It's still almost 2 billion dollars to build this thing, in WNY where land costs are nowhere near what they are in other places. There should be all sorts of "cool" touches and snazzy marketing and virtual fly throughs/videos. 1 Quote
mrags Posted April 24 Posted April 24 57 minutes ago, Buffalo_Stampede said: I think the problem people aren’t seeing with no dome is I think in 20 years or less the Bills will be the only non dome stadium in cold weather. We will see what happens. Maybe there will be renovations in 20 years that puts a dome on it. In about 20 years the Bills will be moving to some other city. Leaving us with a $1.7B stadium for UB to play in Quote
Buffalo_Stampede Posted April 24 Posted April 24 2 minutes ago, mrags said: In about 20 years the Bills will be moving to some other city. Leaving us with a $1.7B stadium for UB to play in Well that took a turn. 1 Quote
Gregg Posted April 24 Posted April 24 13 minutes ago, mrags said: In about 20 years the Bills will be moving to some other city. Leaving us with a $1.7B stadium for UB to play in Quote
nucci Posted April 24 Posted April 24 1 hour ago, Jukester said: That video was awesome. We are so bush league. Similar to downtown Orchard Park Quote
Einstein Posted April 24 Posted April 24 2 hours ago, Buffalo_Stampede said: Did we ever get a video like this yet? Wow, that's a nice looking stadium. Quote
K-9 Posted April 24 Posted April 24 35 minutes ago, mrags said: Ok. We’ll see Well, the lease for the new stadium ties them here for 30 years. So there’s that. But I haven’t read the “out” clause if there is one, so perhaps they can break it earlier. Quote
mrags Posted April 24 Posted April 24 Just now, K-9 said: Well, the lease for the new stadium ties them here for 30 years. So there’s that. But I haven’t read the “out” clause if there is one, so perhaps they can break it earlier. Pretty sure after like 10 years it’s significantly less than the $850m payback. Which imo is absolutely nothing to some rich billionaire owner. Who will likely be getting a free stadium in a new city like Austin Quote
Einstein Posted April 24 Posted April 24 8 minutes ago, K-9 said: Well, the lease for the new stadium ties them here for 30 years. So there’s that. But I haven’t read the “out” clause if there is one, so perhaps they can break it earlier. If someone purchased the team RIGHT NOW, for the fair market value, it would only cost about ~20% more to leave. Twenty percent more, to leave us with a hole in the ground and an bunch of metal and concrete. After 15 years, the penalty to relocate reduces annually. Quote
Buffalo_Stampede Posted April 24 Posted April 24 2 minutes ago, Einstein said: If someone purchased the team RIGHT NOW, for the fair market value, it would only cost about ~20% more to leave. Twenty percent more, to leave us with a hole in the ground and an bunch of metal and concrete. After 15 years, the penalty to relocate reduces annually. So whoever the owner is in 15 years will be saying to NY state they have to put a roof on the stadium or we’re leaving. Quote
mrags Posted April 24 Posted April 24 2 minutes ago, Buffalo_Stampede said: So whoever the owner is in 15 years will be saying to NY state they have to put a roof on the stadium or we’re leaving. No. They’ll just leave Quote
K-9 Posted April 24 Posted April 24 17 minutes ago, mrags said: Pretty sure after like 10 years it’s significantly less than the $850m payback. Which imo is absolutely nothing to some rich billionaire owner. Who will likely be getting a free stadium in a new city like Austin 5 minutes ago, Einstein said: If someone purchased the team RIGHT NOW, for the fair market value, it would only cost about ~20% more to leave. Twenty percent more, to leave us with a hole in the ground and an bunch of metal and concrete. After 15 years, the penalty to relocate reduces annually. Apparently, it’s not just a question of paying back the money as there are other stipulations. I’ll get around to reading the entire relocation clause eventually, but this article in the news a few weeks ago is a good outline. https://buffalonews.com/sports/bills/language-in-bills-stadium-deal-makes-relocation-unlikely-for-30-years-but-not-impossible/article_89ba2bec-ce4f-11ed-9c9b-976c2e6b1613.html Quote
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