shes part owner of the dolphinsSpearhead wrote:
Serena Williams said tennis isnt her favorite sport. lol
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Yeah, $15 is about right.RTHKI wrote:
assuming everyone buys concessions. and $15 concessions wtf
and youre forgetting upkeep?
290*17 is 50mil
Sorry $60 mil is 21 games - 2 1/3 seasons. Sorry I saw $50 mil in other article.
I left out upkeep and the other sports played there as well - it ain't just going to be football.
each game is bringing in 2.9 million dollars in revenue?
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290000 * 21 = 6,090,000
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I am no engineer but that is what my calculator is saying tooeleven bravo wrote:
290000 * 21 = 6,090,000
ha shit. Yah bad deal.
lol
lol
Waste of fucking money. I think we all can agree.
If the women don't find ya handsome. They should at least find ya handy.
youre helping the argument that texas schools spend too much on football and not enough on academicsPug wrote:
ha shit. Yah bad deal.
lol
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It's when taxpayers are on the hook for this bullshit that I suddenly become a Jay-like libertarian. If these people are so rich then they should have built it themselves.
Living in Texas, schooled in Canada.eleven bravo wrote:
youre helping the argument that texas schools spend too much on football and not enough on academicsPug wrote:
ha shit. Yah bad deal.
lol
good guess though
I hate high school football myself
So assuming full capacity and snacks- $290,000 per game.
$60,000,000 divided by $290,000 equals 206 games. Assuming 8 games per season means 25 seasons.
It will take 25 straight seasons at full capacity to cover its cost. God knows how much in upkeep it will take a year..
The thing is never pulling a profit.
$60,000,000 divided by $290,000 equals 206 games. Assuming 8 games per season means 25 seasons.
It will take 25 straight seasons at full capacity to cover its cost. God knows how much in upkeep it will take a year..
The thing is never pulling a profit.
I think they did - usually these are funded by bonds that are approved by the local election. Payments for interest and principal usually come from increase in property tax.Spearhead wrote:
It's when taxpayers are on the hook for this bullshit that I suddenly become a Jay-like libertarian. If these people are so rich then they should have built it themselves.
assuming 8 games per season if its a 16 game season. its a 10 game season. so 5 home games a season
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don't forget playoffs
ok, 1 or two extra home games
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so 6 to 7 home games a season
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So payoff is 215 versus 208 games. huge difference.
lol i was way off
epic
lol i was way off
epic
Assuming 4% on the bond, and 30 years, the annual payment on it will be about $3.5M. They'd make a profit.
"Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough."
-Frederick Bastiat
-Frederick Bastiat
I'll be dead before that happens...so "over my dead body"
texas
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...kick ass in football
And we all know how well that works for collegesJay wrote:
Assuming 4% on the bond, and 30 years, the annual payment on it will be about $3.5M. They'd make a profit.
Most college costs come from the coaching staffs, the training staffs etc. When you're paying as much for the coach as the stadium there's probably something wrong.Spearhead wrote:
And we all know how well that works for collegesJay wrote:
Assuming 4% on the bond, and 30 years, the annual payment on it will be about $3.5M. They'd make a profit.
"Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough."
-Frederick Bastiat
-Frederick Bastiat
We're also assuming here that the area in which this is located has absolutely no demographic changes and urban decay in the next 3 decades
And that they sell out every game and that the price they can charge for admission goes up over the years and that inflation maintains between 1-2%. There's a ton of variables in any investment, especially one this long term. It's still a complete waste of money imo, but it will more than likely pay for itself.
"Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough."
-Frederick Bastiat
-Frederick Bastiat