MLB Stadium Saga: Oakland/Tampa Bay/Southside

[TBGKon]

3 hours ago, MJWalker45 said:

What are the chances of them being able to use Allegiant until their stadium is ready? I know the Raiders wouldn't want too many visitors in their new house, but for a one to two year stint it could be useful. 

Hard to say, I know US Bank Stadium in Minnesota was constructed to have a retractile sideline to fit a baseball field, but I don't know if Allegiant was built with that in mind.

 

[Sykotyk]

The other thing was a long time ago the cost to attend a major league game and a minor league game in terms of tickets were nearly the same. Also most of the time the major league team never came close to selling out their non weekend non major important games. 

 

Comparison, Houston cheapest ticket this Friday is $45. Sugar Land most expensive non luxury seat ticket for their next Friday home game is $27. And tickets as cheap as $12.

 

So yeah. They're ALL just gonna go watch the MLB team and ignore the AAA team. 

[FiddySicks]

I’m not sure what it’s like now since the affiliation switch, and it’s also been like three years since I’ve been to a game, but there was a LONG stretch of time where Sacramento RiverCats tickets were more expensive than Oakland A’s tickets. I would move the Aviators out of Vegas immediately just to avoid that potential disaster. 

[Ferdinand Cesarano]

Several people have pointed out that having a AAA team in the same metropolitan area as the Major League parent club is not a problem, as shown by the examples of Minnesota and Seattle.  Also, the Mets have their high-A team in New York City, as did the Yankees until recently.  What's more, let's note that every D-League / G-League team is located near to its NBA parent club, some within the same city.

 

Regarding the A's and their AAA team using the same stadium, neither team would have to play during the day.  The A's are on the road half the time, so the AAA team would be home then.

 

However, the president of the AAA team has already said that, in that case, the field would have to be converted to artificial turf, as a grass field could not withstand being used every day.

[B-Rich]

7 hours ago, gosioux76 said:

 

I don't disagree, but I also think it's helpful to point out here that the A's aren't seeking a straight cash handout from Nevada. The deal is for the state to sell $500M in government bonds, which the team would repaid over time from taxes and other revenue tied to the stadium project.

 

So essentially, it's the government using its bonding power to issue the team a loan. 

 

It's risky, considering this is the government putting its credit on the line, but it's far less politically complicated than a direct investment of taxpayer funds

 

Exactly, a great point. It will essentially be a TIF ( tax increment financing) deal. Any taxes on the site above what is being collected now/pre-stadium will be used to retire the bonds.  It's become very common in redevelopment projects across the USA.

[FiddySicks]

37 minutes ago, B-Rich said:

 

Exactly, a great point. It will essentially be a TIF ( tax increment financing) deal. Any taxes on the site above what is being collected now/pre-stadium will be used to retire the bonds.  It's become very common in redevelopment projects across the USA.

As a Nevada resident, I’m just hoping it isn’t a statewide proposal. Even if it’s not, it’s just more tax money being diverted away from the city/state and into the pockets of these rich owners. Vegas certainly doesn’t need less money for their police/fire/public works.  

[Bmac]

No way are they going to move the minor league team and then have an empty brand new minor league ballpark. And teams want their affiliates as close as possible. Aviators are definitely staying put.

[BBTV]

8 hours ago, gosioux76 said:

 

I don't disagree, but I also think it's helpful to point out here that the A's aren't seeking a straight cash handout from Nevada. The deal is for the state to sell $500M in government bonds, which the team would repaid over time from taxes and other revenue tied to the stadium project.

 

So essentially, it's the government using its bonding power to issue the team a loan. 

 

It's risky, considering this is the government putting its credit on the line, but it's far less politically complicated than a direct investment of taxpayer funds

 

I don't think that's how it works.  It sounds like the city gives the money to the team, and it's "repaid" by tax dollars that merely pay off the loan, rather than go to the city like tax dollars usually would.  It's totally a handout.  

 

"the A’s and the governor’s office seem to be considering a program in which tax dollars created by the stadium and its surrounding amenities would be directed into a special fund that would pay off public bonds used to subsidize a portion of the project’s cost. 

 

It would also include an unspecified amount of transferable tax credits — a form of corporate welfare only slightly less irresponsible than allowing the treasury department to give the team wheelbarrows full of cash. 

 

The practical implication of the special tax district would mean Clark County and the state wouldn’t actually see any tax revenue directly from the stadium for at least 30 years. And that feels like a steep price, considering the fact that Las Vegas isn’t exactly lacking the private capital (or incentive) to build world-class tourist attractions that actually contribute to state revenue streams. "

 

https://thenevadaindependent.com/article/public-financing-for-as-stadium-is-as-certain-as-it-is-foolish

[The_Admiral]

TIF districts, yeah, no one hates those with the intensity of a thousand suns.

[GDAWG]

 

[Ridleylash]

Lol, imagine if Kaval completely sinks his and Fisher's planned Vegas move through his own egotism

[Ferdinand Cesarano]

The thought that this plan could fall through gives me a sliver of hope.

[GDAWG]

8 minutes ago, Ferdinand Cesarano said:

The thought that this plan could fall through gives me a sliver of hope.

 

People think it could lead to the team being sold.....to Joe Lacob.  

[Ferdinand Cesarano]

9 minutes ago, GDAWG said:

People think it could lead to the team being sold.....to Joe Lacob.  

 

Let's hope that Lacob can be the A's equivalent of the Giants' Magowan, in terms of saving the team from a near-certain move, and then getting a new stadium built.

[SCMODS]

It's probably a long shot now but Lacob and his consortium of billionaire buddies buying the A's and the Coliseum property would be nice. A new ballpark for the A's, possibly a soccer stadium for the Oakland Roots, a remodeled Coliseum Arena for Wnba, indoor football, hockey, concerts, etc. plus shops and restaurants. 

[The_Admiral]

I mean, clearly Nevadans are a bunch of yokels if they're going to give away half a billion dollars in public money to the scion of the Gap. Did they just really like the Old Navy commercials with Jennifer Coolidge or what?

[Red Comet]

Intelligence is getting into Stanford. Wisdom is knowing that no one wants to hear you brag about that crap and that if you’re going to beg them for welfare, maybe insulting them isn’t a good idea. 

[FiddySicks]

13 hours ago, Red Comet said:

Intelligence is getting into Stanford. Wisdom is knowing that no one wants to hear you brag about that crap and that if you’re going to beg them for welfare, maybe insulting them isn’t a good idea. 

Or having rich parents. 

[Red Comet]

2 hours ago, FiddySicks said:

Or having rich parents. 

Which would make the bragging even more insufferable 

[Ridleylash]

 

No wonder Vegas officials aren't impressed by these clowns lmao