The stadium thread 2: New stadium boogaloo

Bezos probably would.

WASHINGTON — In what could be a major blow to plans for a brand-new Washington Commanders stadium in Virginia, state lawmakers are in talks to take hundreds of millions of dollars off the table in its bid to bring the team’s new complex to the Commonwealth.

Multiple sources within the Virginia Legislature tell WUSA9, talks are underway to slash the stadium financing package it plans to offer Washington Commanders owner Dan Snyder from one billion to $350 million. That’s a stunning 65% decrease in the amount of money the Commonwealth would pony up to help Snyder build his new Commanders stadium on one of three proposed Northern Virginia sites.

When asked why, one State Senator, who asked not to be identified so that he could speak freely on the issue, said “Public reaction to this project has been underwhelming. With every passing day, it’s evident the team lacks gravity.”

In addition to the challenge of selling tickets, the franchise continues to operate under the cloud of sexual harassment investigations by Congress and the NFL. And with Virginia planning to pay back whatever stadium bonds it sells using future tax revenue from a new stadium, that unnamed State Senator added “a lot of us have concerns that the team has the ability to stay viable for a decade. Or even, five years.”

https://www.wusa9.com/article/sports/nfl/washington-commanders/washington-commanders-new-stadium-virginia-slashes-bond-package/65-8b57a31e-a468-4054-a790-b3e2a95d138c

Yikes ... I dont even think Snyder has the means/capital to finance a new huge stadium mini-city complex without State contribution.

Would someone even "lend" him 1B?


honestly that is good news, i hope the Commanders continue to rot at FEDEX and no one helps DS. Then eventually when all he has is shanty town for a stadium and his biggest sponsor left is Eastern Motors, then hopefully he sells. Its the only way to get rid of him.

WASHINGTON — In what could be a major blow to plans for a brand-new Washington Commanders stadium in Virginia, state lawmakers are in talks to take hundreds of millions of dollars off the table in its bid to bring the team’s new complex to the Commonwealth.

Multiple sources within the Virginia Legislature tell WUSA9, talks are underway to slash the stadium financing package it plans to offer Washington Commanders owner Dan Snyder from one billion to $350 million. That’s a stunning 65% decrease in the amount of money the Commonwealth would pony up to help Snyder build his new Commanders stadium on one of three proposed Northern Virginia sites.

When asked why, one State Senator, who asked not to be identified so that he could speak freely on the issue, said “Public reaction to this project has been underwhelming. With every passing day, it’s evident the team lacks gravity.”

In addition to the challenge of selling tickets, the franchise continues to operate under the cloud of sexual harassment investigations by Congress and the NFL. And with Virginia planning to pay back whatever stadium bonds it sells using future tax revenue from a new stadium, that unnamed State Senator added “a lot of us have concerns that the team has the ability to stay viable for a decade. Or even, five years.”

https://www.wusa9.com/article/sports/nfl/washington-commanders/washington-commanders-new-stadium-virginia-slashes-bond-package/65-8b57a31e-a468-4054-a790-b3e2a95d138c

Yikes ... I dont even think Snyder has the means/capital to finance a new huge stadium mini-city complex without State contribution.

Would someone even "lend" him 1B?

He definitely doesn't have that capital. He had to borrow money to buy out his minority owners. I think the disconcerting thing is the state legislature doesn't see a long term viability of the team.

Bezos probably would.

Surprised hes not in on the Broncos. Up for sale. Bezos "made" 19B in one day last month.

He definitely doesn't have that capital. He had to borrow money to buy out his minority owners. I think the disconcerting thing is the state legislature doesn't see a long term viability of the team.

Has the buyout of the Minority Owners been approved ,I didn't think it had gone through yet?

He definitely doesn't have that capital. He had to borrow money to buy out his minority owners. I think the disconcerting thing is the state legislature doesn't see a long term viability of the team.

League would have to approve another debt waiver?

Or no, maybe thats just for ownership of the team and the league doesnt care about how much debt an owner has tied to a stadium?

Snyder accruing debt might be the way to get him out.

Surprised hes not in on the Broncos. Up for sale. Bezos "made" 19B in one day last month.


LOL, stupid money.

https://www.espn.com/nfl/story/_/id/33971374/source-washington-commanders-spend-100-million-land-virginia-possible-stadium

Dan just dropped 100 million to buy a site in Prince William County - not far from where I live. Woo - short drive. Boo - more traffic. If it's the site I'm thinking of it's very near 95, which will have no problem whatsoever accommodating the additional traffic :rolleyes:

https://www.facebook.com/photo/?fbid=427516022527941&set=a.144510407495172

I guess it is the Dumfries site. Fuck. Hope someone has a plan to deal with all that traffic.

https://scontent-iad3-1.xx.fbcdn.net/v/t39.30808-6/283477131_427516019194608_8744424856617145867_n.jp g?_nc_cat=106&ccb=1-7&_nc_sid=730e14&_nc_ohc=YZqhrtwh0K8AX_QHCyM&_nc_ht=scontent-iad3-1.xx&oh=00_AT9R2PfMCHZ76BfVCL6y-vtNFlKqPeHivvEuFPJ7UFRqnQ&oe=629044F2

The land he just bought for 100 million I hope he plans to use for a project after he sells the team. Once he sells he will have a ton of cash and will need a project.