> Understandable. But to say "where were they to come up with $40-$50M" > is somewhat laughable also.. New Orleans spent over $320M in the last > three years divided between the New Orleans Saints stipend program, > Superdome rebuild, and guarantees in fees paid to the now New Orleans > Hornets.
Well, you're singing to the choir in regards to Corporate Welfare for billionaires. However, the money spent on the Superdome came from hotel/motel occupancy tax collections, which is dedicated by law just for that purpose. The money for the Saints was from the state of Louisiana, in the form of a retention program. What revenue would be lost if they now picked-up and moved to another state ? The money for the Hornets was primarily for a new arena, which would obviously be an investment that would have returns over many future years. And all of this, as you stated, was over a three year span. I still contend that coming up with an additional $50 million EVERY year for the foreseeable future would be daunting. Vince
