Special offer

Blank the Falcons Stadium Demands...

By
Real Estate Agent with Century 21 Results Realty GA RE Lic # 282060

Aurthur Blank is at it again.  He is making noise about wanting a new stadium for the Atlanta Falcons to play in.  And to that extent, I have no issue with it... 

But he seems to think it is the responsibility of the taxpayers to pick up the tab.  Why?  What responsibility do the taxpayers have to fund the business locations for private businesses?  The Falcons are arguing that the need more luxury suites in order to increase revenue...  Ok. 

The State of Georgia will only barely be at the end of paying for the Georgia Dome when Blank wants another one... 2015. 

Georgia Dome

But that doesn't matter...  What matters is that there shouldn't even be a question.  If the Falcons want a new stadium, make a business case for it, go out and get the money... and BUILD IT.  But don't get the money from taxpayers, get the money yourselves. 

  • Lower pay for the players...
  • Raise prices for the fans...
  • Charge more for TV rights...
  • Renovate the current stadium... but pay for it yourselves. 

Has Road Atlanta or Atlanta Motor Speedway taken hundreds of millions of dollars from the state to build new facilities?  No...  Even though there are more tickets sold for TWO weekends at AMS than for a season of Falcons football.  Road Atlanta hosts 320,000+ fans each year...  One could certainly make a case that they have a significant economic impact on Hampton and Braselton, GA. 

Sports teams don't have a right to taxpayer money...  They are business franchises, and as such should be responsible for their own venues...  Just like ANY other business. 

source

source

Posted by

Find YOUR Dream HomeWhat's YOUR Home Worth?How's the Market?

Unless otherwise noted, all content of this blog is the property of Lane Bailey, ©2012 Lane Bailey. 

I'd love to hear from you...

DeliciousDiggRSSOn TwitterFaceBook

Email Me

John Douglas
Berkshire Hathaway HomServices Partners Realty - Bowling Green, KY

Lane,

I suppose Arthur is trying to keep up with the Jones's he is envious of the cowboys so he

must keep up.

Oct 27, 2009 04:22 PM
Steve Hoffacker
Steve Hoffacker LLC - West Palm Beach, FL
Certified Aging In Place Specialist-Instructor

Lane,

Quite well said. With ticket prices, parking, and food concessions at a game being what they are (not to mention TV and licensing revenues), seems like he (and the other owners) could build a new stadium if that was their priority. :)

Steve

Oct 27, 2009 04:31 PM
Jim Hale
ACTIONAGENTS.NET - Eugene, OR
Eugene Oregon's Best Home Search Website

There really is no good reason the publc should pick up the tag for such things.  That is especially true in today's economy.

Oct 27, 2009 07:27 PM
Charles Perkins
Charles G. Perkins, CPA - Burien, WA

We have been going through this in Seattle.  The public twice voted against using tax payer money to replace the King Dome.  Regardless the Legislature here and then governor decided to use taxpayer money to build the Mariners Stadium.  The Seahawks built a new stadium shortly afterwards. 

Oct 27, 2009 08:30 PM
Larry Bettag
Cherry Creek Mortgage Illinois Residential Mortgage License LMB #0005759 Cherry Creek Mortgage NMLS #: 3001 - Saint Charles, IL
Vice-President of National Production

Good for you....get er done.  I would agree.  Do like the Cowboys did and then you can do what you want and charge who you want because of owning it.

Oct 28, 2009 01:14 AM
Gene Riemenschneider
Home Point Real Estate - Brentwood, CA
Turning Houses into Homes

Lane,

I ma with you on this matter.  If the public pays for anything it needs to be a multi-purpose facility that profits the public in direct tangible ways (like rent).  So often these deals are financially vague and are boondoggles for the owners.

I think pro sports are in trouble.  baseball playoffs on TNT?  World Series in November if anyone is watching?  A looming NFL strike?  When the collapse comes they will whine and ask for bailouts. Sports will always go on and I enjoy my NFL, but I do not need to pay for this crap.  If they fail there are other things to do.  I watch my kids play baseball and go to minor league games.  I have not been to a major league came in 5 or 6 years.

Oct 28, 2009 05:29 AM
Lane Bailey
Century 21 Results Realty - Suwanee, GA
Realtor & Car Guy

John - I'd like to keep up with the guys in NASCAR.  Will Aurthur pay for it for me?  ;^ )

Thanks everyone...  BTW, I like racetracks, but I don't think governments should pay for those either.

Oct 28, 2009 04:09 PM
Tara Jones- Atlanta
Reel Productions TV- Real Estate Video - Dacula, GA
GA

Speak it, Lane!!!  BTW: I'm not quite sure how you weren't an "associate" of mine on Active Rain but I just added you ;-) 

Oct 29, 2009 03:09 AM
Lane Bailey
Century 21 Results Realty - Suwanee, GA
Realtor & Car Guy

Thanks Tara.  I knew I was an associate of yours before... now it's formal. 

Nov 04, 2009 02:27 PM