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Kim Pegula on a New Stadium: "I Don't Even Know If We Can Get There"


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4 hours ago, BillsfaninSB said:

 

Sure I can. The Chargers wanted to move.  Plain and simple.   The value of the team increased a lot with move to LA.

 

But They didn’t have to move.  They could have got a new stadium in the County.  

 

part of the chargers decision was to block a third team moving into So Cal market.  if SD passed on L.A.  then the Raiders were likely to be the 2nd team in LA

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What's the leverage of the league, though, to force a team to upgrade a stadium? Other than having the other owners snubbing the Pegulas at the owners' meetings cocktail parties, who cares what the league thinks.

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When a minimum of 3 out of 8 Sunday’s are frigid, enduring a blizzard or both, while 25 guys stand shoulder to shoulder around a wash basin to UrN8, a new stadium is an overdue must. The decision isn’t in the hands of an under-compensated community. The ‘League’ couldn’t care any less about our ‘feelings’. It’s what They want and they have the leverage of eager cities to choose from to ransom it into being.

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10 hours ago, GG said:

 

Levi's.  Worst amenities and crowd flow.  Literally 1 hour wait at the concessions. 

 

That's just a Bay Area thing - those people LOVE waiting mind-numbingly in line for garlic fries for hours, missing half the game in the meantime.  And they don't even stand or yell during critical moments of the game.

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13 minutes ago, Roch-A-Bill said:

What's the leverage of the league, though, to force a team to upgrade a stadium? Other than having the other owners snubbing the Pegulas at the owners' meetings cocktail parties, who cares what the league thinks.

Primetime games.  Overall, team wealth and value.  No differant than college.  As a proffessional athlete you want to be at the top.  Some colleges have better facilities than Buffalo.  

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I keep thinking back to the quotes I believe Mara and Khan gave indicating it was the Pegulas understanding that a new stadium would be needed was a key contributing factor in the other NFL Owners selecting the Pegulas bid for the team.

 

it Almost appeared then, the the promise of a new stadium by the Pegulas was good enough for the other owners NOT to push for the team in Toronto.

 

This would seemingly appear to be going back on that understanding between the Pegulas and the other Owners.

 

who I assume will still want and get their new stadium.  If not in Buffalo, then to put pressure on elsewhere.

 

 

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2 hours ago, Kirby Jackson said:

It’s not about “adding to the experience” it is about “adding to the bottom line.”

While it is concerning, their investments in WNY pretty much assure the team’s future there. This, to me, is the natural next step to the stadium being built. It is posturing. She’s just saying “we aren’t paying for it ourselves.” There will be some back and forth and at the end of the day it will work out. The team, the state (or county) and fans will fund it it. 

 

She is correct though that this is essential. The Bills cannot remain viable long-term playing at New Era as is presently constructed. The stadium yields a fraction of the revenue of other venues around the country. Every year that is the case, the gap widens betweens the Bills and every other team in the league.

Isn't that more a function of the local corporate dollars available than anything else? Or is there an untapped well of corporate money just waiting to buy up suites and sponsor opportunities in WNY? 

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46 minutes ago, Roch-A-Bill said:

What's the leverage of the league, though, to force a team to upgrade a stadium? Other than having the other owners snubbing the Pegulas at the owners' meetings cocktail parties, who cares what the league thinks.

 

The shared vs unshared revenue streams press owners to get more out of their stadiums. Unless you think they are going to drain cash from their other businesses, the next “wells” they are going to drill to finance this team will be city, state, and fans. 

 

As kirby notes, it will not just be improving experience but also tying premium amenities to premium seats to improve cash flow. For joe bills fan that just wants to be in the building, new era is fine... but it’s definitely not maximizing the ability to have fans hand you their money. 

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59 minutes ago, Roch-A-Bill said:

What's the leverage of the league, though, to force a team to upgrade a stadium? Other than having the other owners snubbing the Pegulas at the owners' meetings cocktail parties, who cares what the league thinks.

There isn’t leverage from the league. With that being said the salary cap is a portion of the revenues both shared and non-shared. If these teams keep raising generating more and more non-shared revenue the cap climbs.  The Bills pay a higher and higher percentage of overall revenue to the players than other teams. That’s the case now but it gets more extreme every year. That was Ralph Wilson’s initial pushback on the CBA.

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In just shared revenue alone, these teams make back all of their operating costs and then some. After you add in local revenue it's more than enough to cover the majority of stadium costs. Green Bay has to release it's numbers as a publicly owned franchise, so it's not hard to track this stuff. 

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i've been watching all or nothing with the cowboys, great watch if anyone hasn't seen it. Jerry Jones spent billions on the stadium and practice facility and they have 2 playoff wins in the last 20 years, throwing money at this stuff doesn't guarantee the team will be any better so if it ain't broke....

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2 minutes ago, Trogdor said:

In just shared revenue alone, these teams make back all of their operating costs and then some. After you add in local revenue it's more than enough to cover the majority of stadium costs. Green Bay has to release it's numbers as a publicly owned franchise, so it's not hard to track this stuff. 

 

YO! it's the burninator!

 

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4 minutes ago, Kirby Jackson said:

There isn’t leverage from the league. With that being said the salary cap is a portion of the revenues both shared and non-shared. If these teams keep raising generating more and more non-shared revenue the cap climbs.  The Bills pay a higher and higher percentage of overall revenue to the players than other teams. That’s the case now but it gets more extreme every year. That was Ralph Wilson’s initial pushback on the CBA.

 

There is leverage from the league from the sharing of gate revenues.  Last I recall was visiting teams get 40% of gate receipts, and as Buffalo keeps falling further behind, there definitely will be pressure from the other owners for Pegulas' to increase their contribution.

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28 minutes ago, baskingridgebillsfan said:

facilites can be upgraded without building a new stadium 

In my unbiased opinion I think Kim is saying they will be rehaping New Era Field and not building a new stadium. This year as reported earlier there is club and office remolding. Also there is exterior work being done to the field house roof. 

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2 minutes ago, Jasovon said:

i've been watching all or nothing with the cowboys, great watch if anyone hasn't seen it. Jerry Jones spent billions on the stadium and practice facility and they have 2 playoff wins in the last 20 years, throwing money at this stuff doesn't guarantee the team will be any better so if it ain't broke....

 

Did you have some expectation that building a stadium correlates with winning?

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14 minutes ago, K-9 said:

Isn't that more a function of the local corporate dollars available than anything else? Or is there an untapped well of corporate money just waiting to buy up suites and sponsor opportunities in WNY? 

I think that it is primarily local (but some of both). The Bills need to create new area to monetize (like they did the gates a few years ago). A new stadium gives them a clean slate to create new areas, amenities and pricing. 

2 minutes ago, GG said:

 

There is leverage from the league from the sharing of gate revenues.  Last I recall was visiting teams get 40% of gate receipts, and as Buffalo keeps falling further behind, there definitely will be pressure from the other owners for Pegulas' to increase their contribution.

That’s the reason (or one of) the reasons that the league wants it. They want the Bills to kick in a greater portion. At the same time, in terms of “leverage” they have none. They can’t kick the Pegula’s out. The owner makes those decisions. It just becomes increasingly difficult to compete. The cap and revenues continue to rise all over the league and the Bills revenues don’t rise at the same rate. 

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