So we have a partial answer to the question of what public aid billionaire Los Angeles Clippers owner Steve Ballmer will be demanding for his proposed new NBA arena in Inglewood, and it’s “a bunch of stuff that’s worth money to him but isn’t a direct cash subsidy. Per the L.A. Times, which snuck a peek at the team’s draft legislation:
- Any lawsuits against the arena under the California Environmental Quality Act would get fast-tracked to be wrapped up within nine months, and a court would be unable to halt construction even if it found environmental review to be inadequate. (The Sacramento Kings previously got this get-out-of-lawsuits-free card for their new arena, as did Ed Roski for his never-built City of Industry NFL stadium.)
- The bill “would also allow the city to permit more billboards and other signage around the arena than otherwise allowed under the law.” No details in the Times report about how many more billboards, but clearly that’s a potentially large revenue source for Ballmer.
Things we still don’t know: Who would acquire the land for the arena, whether it would involve evicting current residents by eminent domain, if so who would pay for that, who would own the arena and would Ballmer pay property taxes and/or rent and/or money toward maintenance and operations, etc. If fast-tracking legal challenges and a bunch of free billboards is all Ballmer gets, it would hardly be the worst arena deal in history. But there’s still plenty of room to lard on more hidden subsidies as well, so everyone stay tuned.