Quote:
Originally Posted by vonBobo
I'm just kinda wondering why if the stadiums are such great revenue streams for the JaCo then why is it in such bad shape? Why should we continue to pay for something that doesn't have a good return? We would be better off putting the money into the stock market.
Is green bay thriving? Buffalo? Detroit? Cleveland? Maybe if a city isn't already a major tourist destination then perhaps a stadium doesn't help that much?
It's a tough to hear how great the stadiums are for the city when you take a look around.
|
Out of area fans come to games as well. KC might not be on the bucket list for most people to visit, but by taking away two of their three professional sports teams, there is even less incentive for them to come. The ROI on what was spent on the stadiums from when they were built until now most likely exceeds the money spent building them.
Now why are they in bad shape and not generating more revenue? No clue. If the city/county own them then that would be a question that they would be better answering. I can say that governments at all levels mismanage funds and resources all the time. Might as well keep a tax that’s been around for a long time to upgrade stadiums that at least provide a distraction and civic pride to the residents. I might feel differently if they were introducing a new tax, but they aren’t.