Quote:
Originally Posted by Bingo
Once again I come back to what I'd be comfortable with, and personally I fear pro sports has jumped the shark.
NFL stadiums not full. Backlash on moving franchises. Huge TV deals that have led to layoffs in the rights holders. I don't know if this gravy train is expanding as it did from 2009 to 2014.
Holding somewhat stagnant may be a better number, but even with a modest grown of say 5% and running it out for the whole life of the new building at 35 years, and then selling it that year the discounted value of that increase is only $62M
Doesn't do much to the $285M loss to go it alone.
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I think this is the impetus to get something done now.