: News Article:
New Arena deal agreed to by city and Katz group:mod warning #616
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05-10-2013, 02:57 PM
Join Date: Aug 2002
Originally Posted by
If there's no team, there's no arena. So ignoring the reason behind all this constitutes cherry picking.
There is no risk involved in this project. It's going to make money for both Katz and the City. And of course you assume the city is stealing $500M for the project.
There's no risk??
Then why doesn't Katz just go to market and get the funds??
It's a 30 year payback, do you what kind of economic challenges can arrise in that time period? Take a look at the last 30 years
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