Quote:
Originally Posted by Cali Panthers Fan
Again, I don't disagree with you here, but there is a net benefit to doing this type of investment. I see the plan, it makes sense to me, but to others it doesn't and it seems like a major risk.
Ok, I get that.
I guess all I can say now is that I hope it all works out. I suspect it will, but I may end up being wrong. Unfortunately, I cannot predict the future.
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Emotional? Maybe. Financial? It's never been able to be shown. In report after report, study after study. You'd think after how many municipalities have gone through this same thing, someone would have found it by now.
Having a new arena doesn't generate disposable income, it just moves it. This is a taxpayer funded asset value increase for billionaires. The cool factor of having a new arena will be gone in a year. The money will be gone forever.