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Stadium deal a loser for Atlanta

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07:52 AM ET 03.08 | A familiar script played out another scene Thursday in Atlanta -- a progress report on the possibility of a new stadium. Notwithstanding perceptions that this was a step forward, it still ignores the biggest problem with this project: Public money is being used for a private business. The Falcons and the mayor continue to bang away about how the city will reap benefits from a new football stadium, when, in fact, nobody is suffering with the "old" stadium. ... It's business. It's about using other people's money, as much as you can, as often as you can. It's about the guys in the suits making you believe they are making major concessions, rather than ever admitting that maybe they should be underwriting the costs for their own business.

The Atlanta Journal-Constitution

Matt Ryan, Getty Images Matt Ryan, Getty Images
March 8, 2013  08:24 AM ET

not sure why they need a new place to play. The Georgia Dome isn't exactly old.

March 8, 2013  08:32 AM ET

"The Falcons and the mayor continue to bang away about how the city will reap benefits from a new football stadium ..."

Fine. Let the Falcons and the mayor PAY for the new stadium ... or shut up.

March 8, 2013  09:12 AM ET

Time to put some thought into building stadiums so that the publick might be able to recoop some of its investment and the small businesses around it also make some money, other wise no deal!!!!

March 8, 2013  09:12 AM ET

Until cities and States just say no, it will never change. It is not about the Dome there, it is about luxury boxes and corporate seating that is revenue the owner does not have to share with the visiting team.

March 8, 2013  09:27 AM ET
QUOTE(#1):

not sure why they need a new place to play. The Georgia Dome isn't exactly old.

My thoughts as well.

March 8, 2013  09:28 AM ET

How can you Mr. Mayor even consider a new stadium with the unemployment rate in your city.

March 8, 2013  10:20 AM ET

This is pure BS. That place is only about 20 years old I believe. This is just the rich trying to get richer. And this will not generate any new permanant jobs so that argument doesn't hold water either. Just say no, ATL.

March 8, 2013  10:23 AM ET
QUOTE(#4):

Until cities and States just say no, it will never change. It is not about the Dome there, it is about luxury boxes and corporate seating that is revenue the owner does not have to share with the visiting team.

exactly, that's why Three Rivers is gone...

March 8, 2013  11:00 AM ET

I am personally getting sick of seeing owners use tax payers money to fund new stadiums.

If they have so much money and need a stadium, build one with your own dough...

March 8, 2013  12:15 PM ET

Say what you will about JJ, he built his own stadium

March 8, 2013  12:24 PM ET
QUOTE(#10):

Say what you will about JJ, he built his own stadium

Not really, though he did more than most with his own money:

The city of Arlington contributed $325 million in financing. Their share of the bonds is paid with proceeds from a half-cent sales tax increase, 2 percent hotel-motel tax hike and 5 percent increase in car rental tax.

JJ and the cowboys funded about 75% of the stadium , the people the rest, and those added taxes to the people will never, ever, ever, go away....

March 8, 2013  12:46 PM ET
QUOTE(#9):

I am personally getting sick of seeing owners use tax payers money to fund new stadiums.If they have so much money and need a stadium, build one with your own dough...

+1 We're going through the same bull here in Charlotte with the Panthers and tight wad Richardson

March 8, 2013  02:08 PM ET
QUOTE(#11):

Not really, though he did more than most with his own money:The city of Arlington contributed $325 million in financing. Their share of the bonds is paid with proceeds from a half-cent sales tax increase, 2 percent hotel-motel tax hike and 5 percent increase in car rental tax.JJ and the cowboys funded about 75% of the stadium , the people the rest, and those added taxes to the people will never, ever, ever, go away....

Ahhh I didn't know about Arlington kicking in. Then the last redeaming quality about JJ just turned into a fraud

March 8, 2013  03:01 PM ET

Bob Kraft paid for the new Patriots' stadium with his own money. He tried to get the state to kick in for a footbridge over their road, and was told no. So, he bought that, too.

On the other hand, Massachusetts has kicked in millions for "green energy" companies that shut their doors or sold the technology to China and then shut their doors.

 
March 9, 2013  08:16 AM ET
QUOTE(#1):

not sure why they need a new place to play. The Georgia Dome isn't exactly old.

It is the last of the boring big circle stadiums. While it isn't "that old" it is that dated! Professional sports are first and foremost a business, and a dated stadium can cost you not only free agents (salary capped league, same money more amenities somewhere else) but more importantly it can cost you very valuable events a la the BCS playoffs.

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