Louisiana Superdome and Champions Square Enhancements! (1 Viewer)

St4ever

Hall-of-Famer
Gold VIP Contributor
Joined
Aug 12, 2003
Messages
3,530
Reaction score
2,863
Age
56
Location
LaPlace LA.
Offline
Question, whose paying for this? The owner or the tax payers? Not that it matters, the Superdome needs a face lift and designs look great. I'm just curious.
The state will be paying for the renovations (taxpayers) because it was part of the agreement when Benson/State renegotiated the contract ti extend it. It was a win win situation because the state had already been paying somewhere around $25,000,000 per year to the Saints and now they just had to remodel the dome. I think it was much better then building a new stadium.
 

Innotech

Super Forum Fanatic
Joined
Apr 20, 2008
Messages
7,088
Reaction score
2,554
Age
37
Offline
Dont need a new stadium. dont WANT a new stadium. What they have done looks amazing.
 

Brennan77

Super Moderator
VIP Subscribing Member
Joined
Oct 16, 2001
Messages
46,276
Reaction score
18,443
Location
The Channel
Offline
Question, whose paying for this? The owner or the tax payers? Not that it matters, the Superdome needs a face lift and designs look great. I'm just curious.
The state. But it's a state owned building that is used for more than the Saints. It keeps New Orleans competitive for other major events and gets rid of the ridiculous inducements paid directly to the Saints. I'd rather invest tax dollars into an asset than pay a business direct subsidies.
 
OP
OP
saintsinNO

saintsinNO

ALL-MADDEN TEAM
Joined
Feb 25, 2007
Messages
1,937
Reaction score
2,980
Location
Uptown
Offline
The state. But it's a state owned building that is used for more than the Saints. It keeps New Orleans competitive for other major events and gets rid of the ridiculous inducements paid directly to the Saints. I'd rather invest tax dollars into an asset than pay a business direct subsidies.
Very good point and the revenue for the city from those events that the Superdome hosts bring in a lot of money. We have the Final Four and the Super Bowl coming up here in the next few years so I agree that it is a very good investment for the State/taxpayers...
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Users Who Are Viewing This Thread (Users: 0, Guests: 1)



Headlines

Top Bottom