Gov Pritzker: Bears new stadium is “non-starter” for state

[remydat]

I don't even know to whom you are speaking anymore. Its too hard to follow along. I'm still stuck at the part where the Bears want to build a stadium, government doesn't want to pony up any tax dollars, and you say it will be better for the Bears economically to build the stadium with taxpayer dollars.

Yeah lets just leave it at you arent reading or comprehending.

 

[TheEarlofRobin]

A football stadium is too big for all but the biggest acts.

Cool, then get the biggest acts and make some money.

 

[TheEarlofRobin]

Yeah lets just leave it at you arent reading or comprehending.

Lets leave it at you not being able to read the title of the thread

 

[remydat]

How many concerts does tinley park get? How many events does the allstate arena get?

Does dumbass remy think that a new top of the line stadium would not get concerts and events?

It is, because it would be indoors and top notch, not dated shitholes like all the ones you listed.

Those dated shit holes are much cheaper and as a result more concert acts can afford them.

Again the data on NFL stadiums vs say NBA stadiums is that only a select few performers have the popularity to generate enough fans to make using an NFL stadium better than a smaller venue like an NBA stadium.

 

[remydat]

Lets leave it at you not being able to read the title of the thread

The thread is about more than the title.

 

[TheEarlofRobin]

The thread is about more than the title.

Indeed! It's also about how the Bears will be unable to build a new stadium due to the McCaskey's lack of real estate background. And even if the taxpayers build a new stadium, the Bears are still in bad shape because how can they afford the maintenance costs?

Again, you are the worst poster I've encountered on CCS. Congrats.

If you can tell me what your point is in like one or two sentences, it would be appreciated. It seems like you are just trying to naysay everyone.

 

[remydat]

Indeed! It's also about how the Bears will be unable to build a new stadium due to the McCaskey's lack or real estate background. And even if the taxpayers build a new stadium, the Bears are still in bad shape because how can they afford the maintenance costs?

Again, you are the worst poster I've encountered on CCS. Congrats.

Cool story bro!

 

[TheEarlofRobin]

Again the data on NFL stadiums vs say NBA stadiums is that only a select few performers have the popularity to generate enough fans to make using an NFL stadium better than a smaller venue like an NBA stadium.

What data are you citing?

 

[remydat]

What data are you citing?

NFL stadiums host on average less than 5 non-football events. NBA stadiums host over 30 non-NBA events.

Most Big-Ticket Sports Venues Play Host to Games, and Little Else

Between 2000 and 2019, typical NFL, MLB, and MLS facilities plays hosted fewer than five major entertainment or sporting events other than regular season games played by their primary tenant.

www.sportico.com

 

[Moses Moreno]

It is, because it would be indoors and top notch, not dated shitholes like all the ones you listed.

How are the Bears paying for a top notch stadium? They don't have the money to do it without money from the state.

There's not a lack of spaces to hold major events in the Chicagoland area. There's not enough events in the area to justify the cost to make AH viable. If it were viable, the Bears would have the funding lined up and this shit would be rolling already.

 

[TheEarlofRobin]

NFL stadiums host on average less than 5 non-football events. NBA stadiums host over 30 non-NBA events.

Most Big-Ticket Sports Venues Play Host to Games, and Little Else

Between 2000 and 2019, typical NFL, MLB, and MLS facilities plays hosted fewer than five major entertainment or sporting events other than regular season games played by their primary tenant.

www.sportico.com

Ha. The study has nothing to do with revenue produced, just number of events. And the term "NBA stadium" is a joke because almost all of them are basketball/hockey setups. What if 5 events at Soldier Field produce more revenue than 30 events at Chicago Stadium?

So again, what data are you citing that concludes only a select few performers have the popularity to generate enough fans to make using an NFL stadium better than a smaller venue like an NBA stadium?

 

[Butkus34]

Yes but dont think the McCaskeys want to sell the amount they would have to in order to make that happen.

Not for the team, but for the stadium though the McCaskey's wouldn't want that either

 

[remydat]

Ha. The study has nothing to do with revenue produced, just number of events. And the term "NBA stadium" is a joke because almost all of them are basketball/hockey setups. What if 5 events at Soldier Field produce more revenue than 30 events at Chicago Stadium?

So again, what data are you citing that concludes only a select few performers have the popularity to generate enough fans to make using an NFL stadium better than a smaller venue like an NBA stadium?

This is what I said.

Again the data on NFL stadiums vs say NBA stadiums is that only a select few performers have the popularity to generate enough fans to make using an NFL stadium better than a smaller venue like an NBA stadium.

You asked me to cite the data and I did. As I said only a select few performers can afford to have an event in an NFL stadium. That is a statement about quantity of performers not revenue generated. So the argument is proven once I can prove that more events are held in NBA arenas than NFL stadiums which is what I just did.

 

[remydat]

Not for the team, but for the stadium though the McCaskey's wouldn't want that either

It wouldnt make sense for Ryan to fund the stadium as he likely would want a large cut if the football revenue as again a stadium isnt really worth it for the non-football events.

 

[TheEarlofRobin]

This is what I said.



You asked me to cite the data and I did. As I said only a select few performers can afford to have an event in an NFL stadium. That is a statement about quantity of performers not revenue generated. So the argument is proven once I can prove that more events are held in NBA arenas than NFL stadiums which is what I just did.

So the data actually concluded that only a select few performers can afford to have an event in an NFL stadium? I didn't see ANYTHING LIKE THAT in the data you cited. Also, if this doesn't tie into revenue produced, then how is it relevant to the discussion?

 

[TheEarlofRobin]

It wouldnt make sense for Ryan to fund the stadium as he likely would want a large cut if the football revenue as again a stadium isnt really worth it for the non-football events.

What data are you citing? That model seems to be working well for the Dallas Cowboys.


Like Texas Stadium before it, AT&T stadium is a significant source of revenue via ticket sales and luxury seating, plus an estimated 17–19 million annually for AT&T’s stadium naming rights. The stadium also includes new platforms, such as branded bar Miller Litehouse, which contributes to the beer brand’s $20 million annual sponsorship of the Cowboys.

Stadiums bring in non-NFL revenue, too. Everything from other sports games to Taylor Swift concerts to Netflixs’ recent boxing match between Mike Tyson and Jake Paul has taken place at AT&T stadium — diversifying Cowboys’ revenue beyond the sport of football itself.

A CNBC analysis on the difference in valuation between the LA Rams (8 Billion) and LA Chargers (6 Billion) attributes most of their valuation difference to the fact that the Rams own SoFi stadium, while the Chargers merely rent it. As a result, the Rams take home 85% of stadium revenue from luxury suites and partnerships, as well as all revenue from non-NFL events (Taylor Swfits’ Eras tour supposedly drove $4M in revenue per show). And, the Rams get the full $625M from SoFi’s 20 year naming rights deal.

 

[Moses Moreno]

What data are you citing? That model seems to be working well for the Dallas Cowboys.


Like Texas Stadium before it, AT&T stadium is a significant source of revenue via ticket sales and luxury seating, plus an estimated 17–19 million annually for AT&T’s stadium naming rights. The stadium also includes new platforms, such as branded bar Miller Litehouse, which contributes to the beer brand’s $20 million annual sponsorship of the Cowboys.

Stadiums bring in non-NFL revenue, too. Everything from other sports games to Taylor Swift concerts to Netflixs’ recent boxing match between Mike Tyson and Jake Paul has taken place at AT&T stadium — diversifying Cowboys’ revenue beyond the sport of football itself.

A CNBC analysis on the difference in valuation between the LA Rams (8 Billion) and LA Chargers (6 Billion) attributes most of their valuation difference to the fact that the Rams own SoFi stadium, while the Chargers merely rent it. As a result, the Rams take home 85% of stadium revenue from luxury suites and partnerships, as well as all revenue from non-NFL events (Taylor Swfits’ Eras tour supposedly drove $4M in revenue per show). And, the Rams get the full $625M from SoFi’s 20 year naming rights deal.

Hell yeah, SoFi cost $5.95b to make and raised the value of the Rams $2b over the other LA team!

Great math.

 

[Montucky]

If I had a buck for every time somebody said the Bears could host Taylor Swift concerts in their new building I’d have enough bucks accumulated to buy two Taylor Swift tickets (one for me, one for HeHateMe’s ex-wife). Two Taylor Swift tickets for shows she had eighteen months ago at….you guessed it Soldier Field.

 

[TheEarlofRobin]

Hell yeah, SoFi cost $5.95b to make and raised the value of the Rams $2b over the other LA team!

Great math.

I'm still not understanding the point. If I spend $60K to finish my basement, and my appraised home value only goes up $25K, is it the wrong decision? No, because I still have my finished basement.

Maybe its just me, but I am going under the assumption that the Bears aren't getting taxpayer money for a new stadium. That was the whole point of this thread, right?

Are you suggesting that since its so expensive to build a new stadium, the Bears should just not play in any stadium?

 

[Moses Moreno]

I'm still not understanding the point. If I spend $60K to finish my basement, and my appraised home value only goes up $25K, is it the wrong decision? No, because I still have my finished basement.

Maybe its just me, but I am going under the assumption that the Bears aren't getting taxpayer money for a new stadium. That was the whole point of this thread, right?

Are you suggesting that since its so expensive to build a new stadium, the Bears should just not play in any stadium?

You'll piss and shit in the port-a-potty that you rent for $200/month and you'll like it