Why is it so hard to get a stadium built? $100 million doesn't help?!?
By Chapman15
@Chapman15 (1492)
United States
January 16, 2007 8:39pm CST
I was reading about how tax collectors hit professional athletes hard while they are in California! Last year the Yankees Alex Rodriguez, paid about $106,000 in out of state income taxes to the state of California for his 10 total games played within the state!
Since the 70's there has been a "jock tax" that has been enforced in about 24 of the states that makes a given players out of state wages taxable... The out of town athletes that travel here generate around $100 million in tax revenue per year!
The thing that makes me mad about this is that my Oakland teams have been begging for new stadiums for the past four or five years, and it's a money issue! Same with the Kings in Sacramento, why won't some of the tax money they are bringing in go to a new stadium!?!
2 people like this
3 responses
@Idlewild (6090)
• United States
17 Jan 07
If athletes pay $100 million in taxes a year, that money would go to a lot of things in the state. If California was a country it would be one of the biggest economies in the world. It has a lot of people and a lot of expenses and taxes it takes in are allocated by Sacramento across the whole state. So take that $100 million and spread it across all of Ca., and it's not as much as it sounds.
Now if Oakland or Sac. were to get $100 million tax revenues themselves, that might make a difference.
Stadiums and arenas are always tied up in all kinds of discussions over priorities. I like sports as much as the next person, but is it more important than schools, crime, etc. is a question I always ask myself. Also some of the team owners are pretty greedy in wanting state money to pay for arenas for their private teams.
I find it pretty hard to understand how these proposals work. A stadium might be paid for by the city, but owned by someone else, and then there are issues over who gets money from the gate, parking, concessions, etc.
In general I have trouble feeling sorry for owners who cry that they'll have to move their team if they don't get a new facility to replace one that's only 10 years old, but they pay ridiculous salaries to their players.
2 people like this
@Chapman15 (1492)
• United States
17 Jan 07
I know thre are lots of factors towards building a stadium, and one of the main ones is how much an owner is going to contribute! I'm sure $100 million shrunk down to lots of different counties isn't that much in the end, and cutting money from schools and stopping crime aren't things that we should have to give up for sports...
I know how greedy the owners are, just look at Al Davis he sues the state and the NFL for something every year and he's plenty wealthy! I'd think with sports being as big as they are that many people would support giving some of the money that the state recieved in taxes from them back towards it... If the teams end up moving to another state, I'm sure the tax money isn't their main concern, but I'm sure it's factored in as well!
@SilverCrest (22)
• Canada
18 Jan 07
I really don't know how it works. That tax money collected doesnt just go into sports, it goes into the whole economy. Maybe the sports budget in California is a little low right now. I live in Winnipeg, Canada, and they are looking to build a new $120 Million to $140 Million stadium. Most of it would come from tax money, the rest is going to come from on man. Maybe California needs someone to step up with their own money and do it.
1 person likes this
@Chapman15 (1492)
• United States
18 Jan 07
I understand that it is distributed all over California, but if athelete's are bringin in that kind of money every year shouldn't they look into building a stadium? What if the teams can't reach an agreement and they move out to another state? That's millions of dollars out the door every year! I know the owners have to contribute a large amount during those processes as well!
@nuttmeg (440)
• United States
17 Jan 07
I won't pretend to understand how half the stadium thing works, but my guess is that it's (taxes) going towards the usual crap, such as the neverending freeway projects and the constant and expensive repairs of them. I swear, as soon as they finish working on one section, another one's starting. Someone once told me the numbers on all of it and it was pretty ridiculous, but hell if I can remember how much now as this was a few years ago. I would think that building a stadium might help the area it's being built in to some degree, if not, then at least with bringing in more taxes off of sales and the whole mess.
1 person likes this
@Chapman15 (1492)
• United States
17 Jan 07
The freeway construction is mind boggling! They re-did our main street in front of our house and it looks and drives worse than before they "fixed" it!