Newz wrote:LittleRooster wrote:JustinCredible wrote:Edens on radio saying vote will happen in a few days and he expects us to be in a very good place a week from now.
And that they'll contribute up to 250 mill
Did they actually say they'd contribute another $100 million? Was this actually a thing or did he just say the private money is $250 million (which include Kohls)?
I heard the interview, Edens basically said that they will also be paying for the practice facility and any other ancillary items that could up their contribution another $50-$100mm
Edens interview was very good but he had one basic fact wrong, he kept saying the State only needs to contribute $55mm and the state will receive roughly $1.3B in tax revenue over 30 years. The state will contribute $55m, but with interest on the bonding the real number is approximatlay $80mm.
The very last question Homer asked him was about a ticket surcharge, he basically said something along the lines of that would be more coming from us, but actually didn't rule it out.
Edens made some decent points about small market revenues and the fact they need more of the naming rights to keep up with the competitors, and I actually get that.