Maddog69 Posted October 20, 2011 Share Posted October 20, 2011 (edited) I'd pay 3 bucks, then every 3-4 years go up a buck...because of inflation! If they told me the Bills would stay for another 20 yrs but they were doubling the price of my season ticket price, I would sign the contract immediately. Edited October 20, 2011 by Maddog69 Link to comment Share on other sites More sharing options...
Ray Posted October 20, 2011 Share Posted October 20, 2011 I'd pay 3 bucks, then every 3-4 years go up a buck...because of inflation! Agree.....that is reasonable and people who are reasonable would agree to a plan like that. Bills museum? Buffalo Sports HOF, those types of things could possibly be added to produce a small revenue stream. $100M to renovate or a new $600M stadium....hmmmmmmmm Link to comment Share on other sites More sharing options...
Delete This Account Posted October 20, 2011 Share Posted October 20, 2011 Link to the selected architectural firm Populous - Stadium Projects. Also, more details from John Wawrow: Bills stadium renovations suggest team to stay put Thanks for adding a "bylined" story. for us in the business, always nice to get that recognition. there'll be a slight change to this one coming as I just got off the phone with the lead architect, who discussed some specific potential improvements, including expanding the concourses. jw Link to comment Share on other sites More sharing options...
The Wiz Posted October 20, 2011 Share Posted October 20, 2011 I can imagine them maybe considering a 1/2 roof... Like open over the field but having the top level covered. Link to comment Share on other sites More sharing options...
Peter Posted October 20, 2011 Share Posted October 20, 2011 (edited) These guys know what they are doing given the projects in which they have been involved -- including Emirates in London for my favorite English football team and the Sun Life Stadium improvements down here for the Dolphins which I have seen in person. As I said earlier, this is good news. There would be no reason to bother with this if the master plan were to leave. Link to the selected architectural firm Populous - Stadium Projects. Also, more details from John Wawrow: Bills stadium renovations suggest team to stay put John - nice article. Thanks for adding a "bylined" story. for us in the business, always nice to get that recognition. there'll be a slight change to this one coming as I just got off the phone with the lead architect, who discussed some specific potential improvements, including expanding the concourses. jw Edited October 20, 2011 by Peter Link to comment Share on other sites More sharing options...
OvrOfficiousJerk Posted October 20, 2011 Share Posted October 20, 2011 Nice article J-Dubs! Link to comment Share on other sites More sharing options...
billsfan89 Posted October 20, 2011 Share Posted October 20, 2011 Good to hear they are interested in investing in the Ralph. I don't think that a new stadium is economically viable. But a 100-150 million dollar renovation (with a small 50 millionish public investment) is really economically viable for Buffalo. It also would likely get the team to stay in Buffalo for the foreseeable future as they would likely extend the lease 10-20 years. Link to comment Share on other sites More sharing options...
eme123 Posted October 20, 2011 Share Posted October 20, 2011 How could anyone complain about "taxpayers footing the bill"? The state makes their investment back in 4 years? That's a nice investment. I'm more worried about what NYS does with the profits after 4 years. Link to comment Share on other sites More sharing options...
Hammered a Lot Posted October 20, 2011 Share Posted October 20, 2011 How could anyone complain about "taxpayers footing the bill"? The state makes their investment back in 4 years? That's a nice investment. I'm more worried about what NYS does with the profits after 4 years. 4 years? Numbers please. Link to comment Share on other sites More sharing options...
gobillsinytown Posted October 20, 2011 Share Posted October 20, 2011 If Bills' fans want the team to stay in Buffalo, then it will come at a price. The NFL is easily the most popular sport in the country, and the competition for franchises is intense. Whether we like it or not or want to believe it or not, the NFL does not owe the city a team. It seems to me that this deal is a relatively small price to pay for keeping the team. Link to comment Share on other sites More sharing options...
Ray Posted October 21, 2011 Share Posted October 21, 2011 4 years? Numbers please. State collects $20M per year on the Bills with employee salaries, taxes on Bills goods, services, etc.....Pretty good ROI with $20M per year on a $100M investment. The state wastes a lot of money...this at least they would make back. Although I believe the Bills should be responsible for some. I can imagine them maybe considering a 1/2 roof... Like open over the field but having the top level covered. I think that would actually be a great idea and insulate the fans from the horrible winds and make for a "cleaner" game. Regardless of what anybody says how they love the freezing weather and all that anyone who has been at games with the horrible winds the past few years will tell you it was a terrible experience. We don't need a dome but if the stadium can dampen the winds a bit it makes everyone's game experience better. Link to comment Share on other sites More sharing options...
LabattBlue Posted October 21, 2011 Share Posted October 21, 2011 (edited) Good to hear they are interested in investing in the Ralph. I don't think that a new stadium is economically viable. But a 100-150 million dollar renovation (with a small 50 millionish public investment) is really economically viable for Buffalo. It also would likely get the team to stay in Buffalo for the foreseeable future as they would likely extend the lease 10-20 years. Are you speculating that the Bills will kick in $50+ mil towards these renovations? Keep dreaming. It will be taxpayer funded...all of it. Edited October 21, 2011 by LabattBlue Link to comment Share on other sites More sharing options...
jkrules Posted October 21, 2011 Share Posted October 21, 2011 As a season ticket holder I would be fine with paying a surcharge for stadium improvements. The price we pay for tickets in Buffalo is low compared to other teams. Link to comment Share on other sites More sharing options...
EndZoneCrew Posted October 21, 2011 Share Posted October 21, 2011 Please upgrade the bathrooms outside the tunnel endzone Link to comment Share on other sites More sharing options...
ET1062 Posted October 21, 2011 Share Posted October 21, 2011 Here is my brief analysis of the Bills stadium improvements situation. Buffalo Bills Payroll $100,000,000 NYS Income Tax 5% Annual total. $5,000,000 73,000 seats x 10 games x $60ave ticket price = $43,800,000 NYS Sales Tax 8.75% Annual total $3,832,500 Total annual tax revenues $8,832,500 15 years X $8,832,500 Total of tax revenues over 15 years $132,487,500 NYS issues a 15 year bond for improvements in exchange for a 15 year unbreakable lease with the elimination of the Toronto game. Tax revenues more than pay for the cost of improvements plus interest. Without the improvements the team is gone and so are the tax revenues. This is a revenue neutral deal that could keep the team here after Ralph's passing I also feel my figures are very conservative. Link to comment Share on other sites More sharing options...
BearNorth Posted October 21, 2011 Share Posted October 21, 2011 (edited) Here is my brief analysis of the Bills stadium improvements situation. Buffalo Bills Payroll $100,000,000 NYS Income Tax 5% Annual total. $5,000,000 73,000 seats x 10 games x $60ave ticket price = $43,800,000 NYS Sales Tax 8.75% Annual total $3,832,500 Total annual tax revenues $8,832,500 15 years X $8,832,500 Total of tax revenues over 15 years $132,487,500 NYS issues a 15 year bond for improvements in exchange for a 15 year unbreakable lease with the elimination of the Toronto game. Tax revenues more than pay for the cost of improvements plus interest. Without the improvements the team is gone and so are the tax revenues. This is a revenue neutral deal that could keep the team here after Ralph's passing I also feel my figures are very conservative. NY State Tax for the high Income folks is .06875. NY has a "pac-man" tax that eliminates your deductions and exemptions above a certain income level. In addition, the visiting teams have to pay NYS Income Tax When they come to Buffalo, but the Bills pay other State Taxes when they travel unless they are NYS Residents for Tax Purposes. So if the Titans or Cowboys (Texas & TN have no state Income Tax) come to Buffalo, NY gets those taxes as well, and the Bills that live year-round in Buffalo, still have to pay their NYS Resident taxes even if they play in a no-income tax state (e.g. Florida, Tennessee, Texas). Edited October 21, 2011 by BearNorth Link to comment Share on other sites More sharing options...
MarkyMannn Posted October 21, 2011 Share Posted October 21, 2011 I saw numbers of $100 million for work. That's a steal. Figure that is like 10% of what a new state of the art stadium would cost. Also, local politicians wanted the state to pay for it. I'm for that too. For all the money I pay in state taxes, I get nothing back. It's flushed towards state workers pay and bennies. At least for once I get something I use in return Link to comment Share on other sites More sharing options...
BillsfaninFl Posted October 21, 2011 Share Posted October 21, 2011 You do realize if they don't improve the stadium or build a new stadium at some point, the team will move. Do you seriously think that when Wilson passes on, the new ownership will think "we can't move the team now, they just made improvements to the stadium?" Link to comment Share on other sites More sharing options...
QCity Posted October 21, 2011 Share Posted October 21, 2011 Collins just said they ran a study and the Bills generate $20 mil a year in direct revenues for the state. $100 million in upgrades for a 10 year lease is a bargain. When people start complaining about this, it honestly makes me wonder why Wilson keeps the team here after all. $100 mil? There's a group on the west coast that would throw a $1 billion dollar stadium at the team. Link to comment Share on other sites More sharing options...
MarkyMannn Posted October 21, 2011 Share Posted October 21, 2011 Collins just said they ran a study and the Bills generate $20 mil a year in direct revenues for the state. $100 million in upgrades for a 10 year lease is a bargain. When people start complaining about this, it honestly makes me wonder why Wilson keeps the team here after all. $100 mil? There's a group on the west coast that would throw a $1 billion dollar stadium at the team. Yep! Link to comment Share on other sites More sharing options...
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