Submitted by Darbo-Jenkins t3_10iawey in newjersey
JruASAP t1_j5fih92 wrote
Reply to comment by petalesdejuin in Well, there’s always next year. by Darbo-Jenkins
MetLife Stadium was actually built without any public funding
UnconstrictedEmu t1_j5fqrsz wrote
MetLife is also closer to its namesake city than the other teams who don’t play in their actual cities. Hell, Santa Clara where the 49ers actually play is 45 miles away from San Francisco.
4rch t1_j5gfg2e wrote
The devil is in the details. By doing so they cut the city off from being able to have any opportunity for shared revenue in parking and accommodations.
The super bowl also cost the state $36 million in taxpayer money. The average tax revenue from the stadium itself is about $6 million.
And now we have the world cup to consider that will cost $14 million to prepare the stadium and a $5 million revolving credit account for the organization planning the renovations.
It's kind of like buying a horse. If I bought you a horse and convinced you to just pay for upkeep while I profit from whatever I use the horse for...well then I've fucked you.
petalesdejuin t1_j5fmd0j wrote
Well at least that’s good tbh
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