I really do try to steer clear of college sports on this site, because I have to draw the line somewhere, but HOLY CRAP NEW YORK STATE IS TALKING ABOUT GIVING SYRACUSE UNIVERSITY $300 MILLION TOWARD A NEW STADIUM!
[Onondaga County Executive Joanie] Mahoney and other county officials this week expressed dismay that [Mayor Stephanie] Miner would not endorse the project in time for Gov. Andrew Cuomo to include it in his upcoming state budget, which he will unveil Jan. 21. Cuomo had signaled his willingness to provide some $200 million in state money for the deal, Mahoney said. The county was prepared to provide $100 million or more.
The bulk of the Syracuse Post-Standard article linked above is about a squabble over a feasibility study that Mahoney got a taxpayer-funded nonprofit to do for the university — which Syracuse then refused to share the result of with lawmakers, because they said they were afraid then the public might get to see it. That’s pretty bad in itself, but seriously, $300 million in public subsidies? For a college football stadium? For a private university? I’m not completely sure that’s a record, but I’ll be surprised if it isn’t.
Syracuse University has been talking about replacing the Carrier Dome, which has an old-fashioned inflated fixed roof, with a new 40,000-seat stadium with a totally modern and shiny and stuff retractable roof, for a few weeks now, because, duh, shiny! I haven’t seen a price tag for the entire project mentioned, so it’s impossible to say how much of a share the state and county’s $300 million would kick in, but given that the most expensive college stadium ever cost only $450 million, even adding a retractable roof couldn’t get you much past $600-700 million. So we’re likely talking about New York state taxpayers being asked to put up around half the cost of a new stadium to benefit a private university’s sports teams. Criminy.