I hate to use my last post of the day on this, but I
partially agree with Dean and must also disagree with
him.

I agree that the Saint Louis Cardinals are a much
better comparision to the Twins than the New York
Yankees. That said, Dean misses a HUGE POINT about the
Saint Louis Cardinals. He writes:

" 2.  The Cardinals own a lot of the development
rights around the new ballpark, with potential to
develop thousands of square feet of new commercial and
residential units.  The development rights in itself 
will more than pay for any stadium costs."

However in the article in today's Strib, which Dean
refers to: "Stadium subsidies not always a given"

http://www.startribune.com/stories/509/5465432.html

there is the following comments about the Cardinals
and the development rights.

"And while the Cardinals recently trumpeted that a
big-time developer was being brought in for Ballpark
Village, it has downplayed the fact that the team is
not legally obligated to redevelop the six-block area.

"Nobody really expects that that'll materialize,"
Michael Chance, a former Republican mayoral candidate,
said of Ballpark Village. "If it does, terrific.""

Dann Dobson
No Stadium Tax Coalition
Saint Paul
[EMAIL PROTECTED]


--- [EMAIL PROTECTED] wrote:

> From: Jeremy Wieland <[EMAIL PROTECTED]>
> Subject: [Mpls] New Yankee Stadium
> 
> Jeremy wrote:  
> Don't know if anyone was following the news this
> week.  Just got back 
> from New York and the headlines there?  Steinbrenner
> to lay out $800 
> million out of pocket for a new baseball stadium.  I
> would love to know 
> how  that works for George, but not for Carl.
> 
> Dean Here:
> 
> Jeez, give me a break! 
> 
> How about a metropolitan area of over 15 million?
> How about the premier sports franchise in the world,
> of which countless 
> of sponsors would love to be part of?
> How about a Cable TV, basic TV, and radio rights
> deal that brings 
> enough $$$ to support a $200 million payroll?
> How about the fact that the Yankees can write off
> the stadium debt thus 
> significantly lowering what the team pays in luxery
> tax to support low 
> revenue teams like the Twins?
> 
> Given all those advantages and the City of New York
> is still throwing 
> in $250 million of public $$$ into the project.
> 
> Also I'm surprised no one mentioned today's Strib
> article on the new 
> Cardinals stadium.  A couple of things I wish the
> article had mentioned:
> 
> 1.  St. Louis also has a huge Cable TV/Radio rights
> deal that brings in 
> millions more per year than the Twins could ever
> hope to garner.
> 
> 2.  The Cardinals own a lot of the development
> rights around the new 
> ballpark, with potential to develop thousands of
> square feet of new 
> commercial and residential units.  The development
> rights in itself 
> will more than pay for any stadium costs.
> 
> Dean E. Carlson
> Ward 10, East Harriet
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