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Everything posted by Motorin'
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Public vs Private Financing for All NFL Teams
Motorin' replied to Irv's topic in The Stadium Wall Archives
Unless the lease terms are profitable... The 49ers pay 25 million per year over 40 years. The Vikings pay 8.5M + 3% interest per year over 30 years. -
Public vs Private Financing for All NFL Teams
Motorin' replied to Irv's topic in The Stadium Wall Archives
lol, I didn't think I'd be googling interest rates for commercial new construction projects this morning. -
Public vs Private Financing for All NFL Teams
Motorin' replied to Irv's topic in The Stadium Wall Archives
San Francisco is locked into 40 year lease at 25M per year, while the public subsidized 114M. So it will literally be over 800M in profit over 40 years. I don't know if tax breaks came from the deal though/ -
Public vs Private Financing for All NFL Teams
Motorin' replied to Irv's topic in The Stadium Wall Archives
These numbers are meaningless without an additional column that shows any lease totals that publicly funded stadiums receive in turn. -
I think we have to look at this like a mortgage and rental situation. The public can put a 20% down payment down on the stadium. Take out a 30 year mortgage at 2.5% interest. Lock the Bills into a 30 year lease with an annual fee that has a profit margin built in. This can be a win win and become a revenue generator for the country and state instead of corporate welfare.
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Blah blah blah. Put words in my mouth that I never said and ignore the fact that FIFA has disgusting lied about the revenue that the woman's world cup has generated. 40% of 1.85 billion is 740 million dollars that the woman's world cup generated in TV revenue.
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A billion people tuned in the watch the Women's World Cup in 2019. According to Fifa, the women should be paid less because they generate less revenue. Ok, but they count $0 in revenue for the women from their TV audience. The tv contract in total was nearly 2 billion dollars. The women generated 40% of the total tv audience, but FIFA pretends like that counts as zero percent of the 2 billion generated revenue, and pay them 10 times less.
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The men's union explains very well why this is bunk. The women were never given a choice of the same pay structure. Bait and switch. Their law suit is going to prove it. Lame. Why should Rapino's brand worth mean she should shut up about a pay structure that pays the women on the national team nearly 10 times less then the men's team if they won the world cup? Let's circle back after their appeal is heard and I'll give you all of the logical reasons why your assessment is way off base.
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The women still get hosed. Fifa sells the broadcast tv rights to the men's and women's world cup for one bundled fee. The tv revenue is a massive amount of the overall revenue. Fifa places 100% of the revenue from the tv contract in the profit totals for the men's world cup, denying the women hundreds of million of revenue in their column... And because you haven't heard Rapino advocate for equal pay hardly means anything at all about her recent actions. I didn't hear the Misses get up and go to Pilates this morning. Doesn't mean she didn't get her work out in.
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This is pretty funny: https://www.mcsweeneys.net/articles/are-you-allowed-to-criticize-simone-biles-a-decision-tree
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They look really good. But I have faith in our team. Especially if they can stay onside before scoring!