Quote:
Originally Posted by sportscurmudgeon
freddyg12:
Danny Boy owns Fed Ex; he pays zero dollars in lease costs. He has about 10 more years of greatly reduced real estate tax to pay to PG County. Fed Ex seats almost 90K fans.
If the Skins wanted to go back to DC, Danny Boy has two choices:
1. He can build his own new stadium. Jack Kent Cooke built this one so he can do that if he wants. A modern stadium seating 90K fans costs more than $1B these days; ask Jerry Jones for details here. Then he would still own his stadium and not have to pay lease costs to anyone. But will he get the same real estate tax deal from DC? And is he ready to "go to the hip" to the tune of $1B??? Stock at Six Flags will have to go up a whole lot...
2. He can spend the next ten years kissing every politico's butt in DC to get them to appropriate about $1B of DC money to build the stadium for him wherein he will then owe them lease costs. Oh, and if they build it, they get to say what is in it, not Danny Boy. Now he would have lease costs but no real estate tax to pay. And he would still have that $1B in his pocket. But he would have chapped lips from all the butt-kissing that it would take to get the necessary votes in the City Council.
So, tell me why it makes sense for him to do either of those things as long as Fed Ex draws 70,000+ to all the regular season games? Where the Skins play now and in the future is all a matter of $$$. And until someone comes up with a way to build a new $1B stadium for nowhere near that amount of money out of Danny Boy's pocketbook, they aren't going anywhere...
Check back in 10-15 years.
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100 % correct ...also he would have to repay all the money the state and PG county have spent on infrastucture if he leaves before the terms are up,anyone driven on the beltway recently by the stadium.....it's now the best part of the beltway in Maryland.