Friday roundup: Portlanders balk at giving Blazers owner $600m, KC gives initial okay of $235m to expand 2-year-old soccer stadium

Too damn hot! Gonna see how few words I can use today, to save electricity, y’know. That headline already caused voltage reductions across Brooklyn!

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14 comments on “Friday roundup: Portlanders balk at giving Blazers owner $600m, KC gives initial okay of $235m to expand 2-year-old soccer stadium

  1. Kinda funny that the Jaguars and Jacksonville escaped mention in the write-up about stadium subsidies being scams, even though basically the entire NFL and sports fan/media ecosystem has been taught to hate Jacksonville — and even though the stadium deal there is arguably even more burdensome for the home city than either the Bills and the Titans deals (which were cited in the piece), since unlike with those two, the state isn’t chipping in with a single dime on the project.

  2. When the previous Celtics owners bought the team, they added some real estate guys to their group, and the talk then was that they would eventually build their own arena. They have kept signing lease extensions since then.
    Can Boston support 2 arenas? It’s slightly smaller than the Phoenix area, which has 2 and was attempting to build a third. The San Francisco Bay Area has 3.
    However, where is probably the biggest question

  3. qu: How much ‘negotiation’ is involved in signing a deal whereby you agree to hand $235m to the owners of a franchise so they can modernize a 2 year old stadium?

    That’s laughable. And why wouldn’t they be back in another 2-5 years for a couple hundred million more? Who knows, the seat cushions might be showing some wear by that time…

    With regard to the new Browns stadium, if it’s going to have a fixed roof why not put most of it underground? I mean sure, it costs money to dig deep holes… but not having to clad maybe 25-35% of the exterior saves a little money. And being partially buried saves on heating and cooling costs as well.

    The best part about burying a significant amount of a major stadium is that it doesn’t dominate the skyline. I would be in favour of burying at least half of any stadium or arena. Granted Cleveland’s effort is a bit more than half, but it still seems like a good idea to me.

    1. I suppose building below grade is usually more expensive, otherwise it would be more common.

      I suppose it is common in Canada.

      It solves a lot of insulation issues, but creates challenges with water leaks and access, especially for repairs.

  4. Portland’s alt-newspaper did a dandy job of using both math and history to sharpen perspective on Dundon’s anticipated daylight heist:

    https://www.portlandmercury.com/news/moneyball-the-moda-center-controversy-explained/

    You can’t go wrong betting on him to get every bit of his way. The state has already kicked in their share (it’s an election year, and the struggling Dem governor running for another term can use all the friendly billionaires she can wrangle) and, while the city is like most municipalities post-Nov 2024 missing very much the federal contributions to most every social service agency, the mayor and a cadre of council members are busy diverting every dollar to the police (via the clean energy fund; it’s a whole thing) so they’ll find the bucks for this. Despite one or two vocal opponents, welfare for billionaires is a done deal there as elsewhere.

  5. It is kind of neat that a women’s professional team has its own venue, but at the same time it is crazy that an MLS team and NWSL team don’t share a venue in the same market and tax payers are paying for it.

    Must be nice to be able to pit two states against each other for public funds without leaving the market.

    1. Unless the ownership is shared, it makes no sense for the second team to be a tenant, especially if they can get someone else to pony up for their own yard.

      Revenue capture and retention has been the key to SSS since what was then the Home Depot Center opened in 2003. That’s the play.

      Unless one entity owns the MLS team and the NWSL team (as, apparently, is going to be the case in Columbus?), groundsharing doesn’t help the tenant team. (Better for taxpayers, obviously, but we have long since excised them from the equation.

      1. I would argue the opposite: It makes no sense for two teams that can play in the same building to build redundant ones instead, subjecting themselves to twice the construction costs (even if taxpayers are covering a lot of these) and then competing with each other for the same events. A soccer stadium isn’t in use anywhere close to half the days of the year, so aside from ease of scheduling, there’s no real benefit to having two stadiums — you’re just spreading the same number of matches, concerts, etc. over twice as many calendar slots.

        Yes, everyone wants “revenue capture,” but the only reason why tenant teams don’t get revenues is because the teams that own the stadiums — or in most cases in the US, just control operating rights — are demanding leases where they get to keep a large chunk of both teams’ revenues for themselves. So we end up with situations like the Flyers and Sixers in Philadelphia, where one owner had to threaten to build a whole second arena that nobody needed or wanted just to get the other owner to agree to a joint revenue sharing agreement.

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