Too late for some stadiums . . .
From ESPN.com:
A group of politicians who are tired of taxpayer money being used to build sports stadiums on Tuesday will introduce a bill in the Senate to prohibit the practice.
Cory Booker, D-N.J., and James Lankford, R-Okla., are sponsoring a bill that would prohibit teams from using municipal bonds, whose interest is exempt from federal taxes, to help finance stadium construction.
“Professional sports teams generate billions of dollars in revenue,” Booker said in a statement. “There’s no reason why we should give these multimillion-dollar businesses a federal tax break to build new stadiums. It’s not fair to finance these expensive projects on the backs of taxpayers, especially when wealthy teams end up reaping most of the benefits.”
But not, perhaps, for others . . .
From the El Paso Inc.:
In the meantime, [Paul] Foster and the other members of MountainStar Sports Group, which owns the Chihuahuas baseball team, are working to bring a soccer team to El Paso. He says the deal would involve a new stadium.
“We are working with the city, county and other officials to figure out the best location and scenario,” Foster says.
He adds: “I can almost guarantee that we’ll have soccer in El Paso within a couple of years.”
We better start saving out lunch money now, so we can help out the billionaires in a couple of years.
This falls into the publications of Dennis Zimmerman, Brad Humphreys.
I wonder how Foster knows how he can guarantee? Maybe buying out the city reps and other forms of elected representation is how
Given the fact that Foster wants us El Pasoans to continue to piss away tons of $ just so he can make a few extra, means that Paul Foster is an enemy of El Paso.
The Chihuahuas are already cold-calling local businesses trying to sell tickets. So much for sold out seasons. The Diablos did the same thing in their last years, and they gave free tickets to school kids in an attempt to get people to fill the seats. The Diablos didn’t get quite the free ride the Chihuahuas are getting, so it will be a few more years before the Chihuahuas are in the same boat. In the meantime, the two richest families in El Paso enjoy their taxpayer subsidized hobby at a profit. Yay! Now we need to pay for their stadium