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10-19-2012, 08:32 PM
Avoiding the Cap
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Join Date: Dec 2002
Location: Since 2015
Country: United States
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Originally Posted by onlyalad View Post
What I got from that is the team would cost the city 6 million over 5 years. However, I think a strong owner could work to re-invent the area and over time that money could be made up. The area around Staples Center was a waste land until AEG created LA Live. Not saying it will be quick or easy but 6 mil is not too much of a hit if things can be done correctly in the long run.
It's not hard. The arena had like what, 6 events booked all year? That's awful. Like they aren't even trying. Get more events in there, Tanger, and a hockey team that starts to draw more and everyone is suddenly whole and happy.

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