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Re: Howard Balzar...

PostPosted:9 years 6 months ago
by RamsFanSince82
Fred Roggin and the STL media are suckers.


The NFL has not yet committed $100 mil extra 2 St. Louis stadium - Daniel Kaplan

PostPosted:9 years 6 months ago
by Elvis
Good find, this deserves its own thread...

http://www.twitlonger.com/show/n_1so1oss

The NFL has not yet committed $100 mil extra 2 St. Louis stadium, my story

The NFL has not committed to spend another $100 million on a proposed St. Louis stadium, a key element of the $1 billion stadium package that won a key approval today at the city’s board of alderman. A final vote is set for Friday.

“We are not saying there is guaranteed $100 million coming from the NFL,” said Dave Peacock, co-chairman of the ST. Louis stadium task force .“They are going to have to go through their various committee approvals and league approval to determine if that is something they are going to do relative to the things that we are willing to do on the public side.”

Peacock is referring to letting the team playing in the stadium keep ticket taxes, an element not part of the previous proposal.
Eric Grubman, the NFL executive vice president in charge of the LA process and who last week told a St. Louis radio station that the stadium bid there fell short, declined to comment.

There appears to be no precedent for the NFL to go above and beyond the normal stadium financing pools it makes available to teams, and which in this case is already $200 million.

Peacock said he has discussions with many league sources, including owners, about the idea of more money for the stadium.

“We have done as much probing as we can with different people before we put something out,” Peacock said. “We were in a position where we wanted to put something in legislative form that we felt was going to pass and was going to put our best proposal forward.”

The development emerges a few weeks before owners are scheduled to meet in Houston on January 12 to potentially vote to allow relocation to Los Angeles. Three teams are expected to file relocation bids: the St. Louis Rams, Oakland Raiders, and San Diego Chargers.

The Rams have not engaged with the St. Louis process, and have proposed a stadium in Inglewood, Calif. The Chargers and Raiders are jointly proposing a stadium in Carson, Calif.

Follow me at @dkaplansbj

Re: The NFL has not yet committed $100 mil extra 2 St. Louis stadium - Daniel Kaplan

PostPosted:9 years 6 months ago
by BuiltRamTough
This whole year has been juicy but it's going to get real juicy starting next Monday after the Chargers and Rams play their last home game.

Re: The NFL has not yet committed $100 mil extra 2 St. Louis stadium - Daniel Kaplan

PostPosted:9 years 6 months ago
by ramfaninsd
last week when the nfl to help the raiders with stadium surfaced ramstalkers talked of lawsuits by san diego and oakland so i guess if the nfl helps st louis the lawsuits will come from san diego and oakland if they don't offer them the same deal.

Re: The NFL has not yet committed $100 mil extra 2 St. Louis stadium - Daniel Kaplan

PostPosted:9 years 6 months ago
by dieterbrock
If I'm an NFL team owner, I'd like the NFL to swing by my stadium and have the city for which we play in also agree to let me keep the amusement tax.
And they can keep the 100 million

Re: The NFL has not yet committed $100 mil extra 2 St. Louis stadium - Daniel Kaplan

PostPosted:9 years 6 months ago
by snackdaddy
These back and forth stories have been put out there for months. I'm not going to get excited or depressed when I read a story pertaining to the move. One day it looks good for LA, the next it doesn't. Then back to good, then bad. Heck of a rollercoaster for both sides. I think I'll wait to see what happens. I've felt Stan K. has held the best hand from the beginning. I still think he does.

Re: The NFL has not yet committed $100 mil extra 2 St. Louis stadium - Daniel Kaplan

PostPosted:9 years 6 months ago
by dieterbrock
Average NFL ticket price $78

Whats average gate? Lets say 50k

50,000 tickets @ $78 a pop= $3.9 million per game
3.9 mill X 5% amusement tax= $195,000 in surrendered revenue
X 8 home games 1.6 mill in loss rev per seaon not including pre-season games

What owner wont want that same deal??

Re: The NFL has not yet committed $100 mil extra 2 St. Louis stadium - Daniel Kaplan

PostPosted:9 years 6 months ago
by OldSchool
dieterbrock wrote:Average NFL ticket price $78

Whats average gate? Lets say 50k

50,000 tickets @ $78 a pop= $3.9 million per game
3.9 mill X 5% amusement tax= $195,000 in surrendered revenue
X 8 home games 1.6 mill in loss rev per seaon not including pre-season games

What owner wont want that same deal??


The other owners have the taxes as income. St. Louis being special was calling it their income. At least that's my impression from hearing Grubman talk about it.

Re: The NFL has not yet committed $100 mil extra 2 St. Louis stadium - Daniel Kaplan

PostPosted:9 years 6 months ago
by dieterbrock
OldSchool wrote:
dieterbrock wrote:Average NFL ticket price $78

Whats average gate? Lets say 50k

50,000 tickets @ $78 a pop= $3.9 million per game
3.9 mill X 5% amusement tax= $195,000 in surrendered revenue
X 8 home games 1.6 mill in loss rev per seaon not including pre-season games

What owner wont want that same deal??


The other owners have the taxes as income. St. Louis being special was calling it their income. At least that's my impression from hearing Grubman talk about it.

Nope, its a tax paid to the city for the events.
All events are subject to it whether its an NFL game or the circus
Its not indigenous to the Rams or the NFL for that matter

Re: The NFL has not yet committed $100 mil extra 2 St. Louis stadium - Daniel Kaplan

PostPosted:9 years 6 months ago
by OldSchool
dieterbrock wrote:
OldSchool wrote:
dieterbrock wrote:Average NFL ticket price $78

Whats average gate? Lets say 50k

50,000 tickets @ $78 a pop= $3.9 million per game
3.9 mill X 5% amusement tax= $195,000 in surrendered revenue
X 8 home games 1.6 mill in loss rev per seaon not including pre-season games

What owner wont want that same deal??


The other owners have the taxes as income. St. Louis being special was calling it their income. At least that's my impression from hearing Grubman talk about it.

Nope, its a tax paid to the city for the events.
All events are subject to it whether its an NFL game or the circus
Its not indigenous to the Rams or the NFL for that matter

Grubman said a couple times though, most recently on Bernies radio show, that the NFL considers the revenue from games theirs and it's been planned that way in other recent stadium planning.