Quote:
Originally Posted by Senator Clay Davis
I seriously doubt this could ever fly up here, but an interesting new approach by the Warriors as they look to pay for their new San Francisco arena: Essentially a PSL that calls itself a "membership" where you have to commit to buy season tickets for 30 years, you cannot sell the license for a profit, and you get your "membership" money back at the end of the 30 years. Basically an interest free, tax free loan. I'm curious how some of our staunchest pro public dollars into the arena feel about this funding model, I mostly like it except for the inability to sell the license for a profit.
http://www.espn.com/nba/story/_/id/2...nses-new-arena |
it would totally fly. I can't see many fans giving up their seats just because of a license. the people who can afford seasons tickets can likely also afford the licensing fee.