Thanks to everyone who’s expressed concern about my health in comments — I’ve been testing negative for COVID since Wednesday and am slowly regaining my stamina, so looks like I’m in the clear until the next time I get this virus or whatever comes next.
While we’re all still waiting to be struck down by whatever diseases we’re bringing upon ourselves, we still have lots of other crises to keep an eye on — like, for example, the question of how much public money the state of Louisiana will have to deliver to New Orleans Saints owner Gayle Benson this time to get her to extend her Superdome lease. New Orleans Times-Picayune columnist Jeff Duncan says a blank check is fine with him so long as it keeps the team in town:
The New Orleans Saints and state officials are close to an agreement on a long-term deal that will keep the team in Louisiana for the foreseeable future.
The agreement would extend the team’s lease at the Caesars Superdome through 2035 and include multiple five-year options that could bind the team to Louisiana for two decades beyond that…
Unlike our peers in Jacksonville and Kansas City, we allow our appointed elected officials to handle these high-stakes lease negotiations in private. … Above all, keeping the Saints in New Orleans has to be the top priority. The team is too valuable to the city and state to leave any wiggle room.
Duncan goes on to write that “it’s incumbent for state officials to strike a deal that maintains the best interests of state taxpayers” and then in the next sentence that “recent stadium deals in Buffalo, Jacksonville and Tennessee provide a useful blueprint,” which is slightly contradictory in that the Bills, Jaguars, and Titans deals are all sterling examples of deals that were not in the best interests of state taxpayers. But they did include non-relocation clauses in exchange for the billions of dollars of public spending they included, so if that’s all Duncan cares about, then I guess he could do worse for models.
If it feels like we just went through this with the Saints, we pretty much did: The state just approved $300 million in public spending on the Superdome in 2019, in exchange for what turned out to be only a five-year lease extension until 2030. Then earlier this year Benson balked at spending the $200 million she had agreed to as part of the deal, something that Duncan reports team and state officials have “made significant progress” on, though apparently he means that as part of getting Benson to pay what she already owes, she’ll get gifted more public money for her next lease extension.
How much this next round will amount to is unknown, thanks to Louisiana’s patented ability to conduct these negotiations in private and its sports columnists’ disinterest in doing any investigative work to find out what’s being discussed. The Superdome already cost $163 million in state money to build in the 1970s and has received more renovation subsidies than I can count, including that time Louisiana was paying the Saints to play in the dome and then replaced that with a deal where it was guaranteeing the team’s profits. I know that I previously singled out Indianapolis as the poster child for sports grifts that keep on giving, but you gotta give New Orleans its props as a serial subsidizer, too.