The NASCAR boondoggle is dead, but the Sonics boondoggle isn't totally dead yet.
Posted by Stefan Sharkansky at April 05, 2007 10:27 AM | Email ThisCouldn't disagree with you more on this. Neither are "boondoggles". These sports facilities are called infrastructure, just like parks, libraries, theaters and museums; only more popular.
Yes there needs to be debate about the exact funding mechanisms, scope and price of the track and arena. But the ultimate goal needs to be how to keep the Sonics in area and how to attract NASCAR to the Northwest.
The only problem with the NASCAR proposal was it's placement on the Kitsap Peninsula. Only two roads and one ferry line going in. When ISC comes back with a better track location (Lewis County) you'll see better traction. We won't even go down the road of misinformation about NASCAR causing global warming.
As for the Sonics, you shouldn't be so quick to join with these liberal Seattle Democrats who want to chase a 40-year institution out of the state just because of their racist views about the NBA and because they can't stand the thought of people enjoying themselves.
I'll respond to the See-n-Say misinformation about the funding behind Safeco and Qwest and "Don't-want-to-see-my-tax-dollars-wasted-on-millionaires" myth in a bit while expounding on my ever so popular views with one of my own posts.
Posted by: Reporterward on April 5, 2007 11:03 AMDo we want to repeat that? Not I.
Posted by: Jeremy on April 5, 2007 11:17 AM(Insert jokes about conquering France or British Columbia to pay for a new basketball arena here)
Posted by: Reporterward on April 5, 2007 11:46 AMThe problem with your comparison is that the infrastructure that you mentioned are not trying to make a profit. If the Sonics and Nascar want the citizens of this state to pay for the stadiums that they will use, then I say any citizen of this state is entitled to free admission to ANY event held in said stadium.
You get Nascar and the Sonics to agree to that, and I'll agree to help pay for the "infrastructure".
Posted by: David on April 5, 2007 11:54 AMWhat do the taxpayers get out of it? A sports team with big claims about increasing tax base (completely unproven), no money from the team/naming rights, another stadium that will be abandoned in 20 years because it's "out of style" / "not brining enough revenue for the team". They'll threaten to leave (again) and play the heartstrings card to get yet another new facility.
This is a no-win situation for your average taxpayer. I'm hope the stadium funding dies a quick death and they move the team to Oklahoma where they will loose even more money because of the smaller metropolitan consumer base.
Nice try. Bzzt.
Just say no to taxpayer-funded sports dreameries.
Posted by: steve miller on April 5, 2007 01:32 PMGood try, but bad analogy.
Posted by: swatter on April 5, 2007 01:55 PMThese "PSAs" exist for two purposes, both of which serve the lessees' interests. They make it possible to use tax revenue to pay for at least part of the construction costs, which lets the lessee avoid paying the entire cost of building its place of business. And, they make it possible to exempt the facility from the property tax that would be paid by a privately owned and operated facility.
Since the "fair" or "reasonable" rent only pays the costs of a government entity which is created solely to grant public funding and tax exemptions to the tenants, the receipt of this small rent from the tenants is a "wash." That is to say, the government and taxpayers gain absolutely nothing from the payment of this rent.
Posted by: Micajah on April 5, 2007 05:55 PMOf course than they will all be remarked yes yes yes yes yes by attendent Union workers in the King County elections dept....
But they will all still die.
What a deal the stadium would have been however, we pay for it all plus all cost overruns, and they keep all the proceeds from it. This is a deal which should and will fail on it's own, but will be helped along by the massive tax increases they want...
Sorry Charlie!
Posted by: GS on April 5, 2007 07:53 PMNow that they are in Renton, maybe Seattle can divert the $240 mil to help out Renton and still be able to come ahead.
Posted by: DopioLover on April 5, 2007 09:09 PMSomehow, some way they were able to build the Pepsi Center in Denver with private money. How is it possible? Well they already had an NBA and NHL franchise to support it. So if Mr. Bennett thinks that is the key to getting a new arena, then get on the horn with Gary Bettman and get him to commit to a hockey team here, and then you can build the arena yourself.
Posted by: Palouse on April 6, 2007 07:59 AMIt seems to me that if conservatives are going to complain about wealth redistribution from taxpayers to the poor (rightly so, in my opinion), then they should also complain about wealth redistribution from taxpayers to the wealthy.
Posted by: Allen McPheeters on April 6, 2007 11:16 AM