Quote:
Originally Posted by sportscurmudgeon
DC won't build a stadium for the Skins for two important reasons:
1. The city does not have about $900M - 1.1B lying around waiting to be spent and with its credit rating it would have trouble borrowing that kind of money in almost any economic climate - - let alone this one.
2. The city would be tied up in lawsuits for ten years no matter where they tried to acquire enough land to build a new huge stadium with parking and road improvements.
Danny Boy isn't going to build his own stadium the way JKC did or the way Jerry Jones is doing. That is not his business model.
"Never" is too long a time horizon to say that the Skins will "never" be back in DC. But they won't be there anytime in the next 10-15 years...
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The new economic model the entire world is facing will probably keep the Skins in Fedex for a very long time. No city is going to have the money to help finance another stadium like you said. Things are changing and this isn't going to be just a run of the mill recession/depression either. The American standard of living is going to be a lot lower for at least a generation if not more.
02-22-2009, 12:53 PM
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