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10-12-2012, 01:02 PM
  #296
gstommylee
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Quote:
Originally Posted by patnyrnyg View Post
If they are paying rent, then eventually they will be one of the teams struggling to keep up with the salary floor. Being north of the mason-dixie line doesn't solve that. The real money is in owning the arena and the tv network.
There is a reason why city/county will own the land/arena. We have an initative called I-91 in the city of Seattle that forbids public funds unless it shows a return on the investment based on a 30 year treasure bond.

In order to get public bonds from Seattle the proposal has to meet i-91.

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