Handful of Owners Resisting Parameters of New Deal

[Lotus]

Originally Posted by FRPLG

He's not tied to it in the way you're referring other than by the fact that it is relatively new for a stadium. It's only now getting into it's middle age period.

And the thing that is keeping him in the stadium more than anything is the implosion in the real estate market (since cities have figured out that stadiums are not the revenue generators they are made out to be). That land is worth a mint 10 years ago. Enough to build him a new stadium. Now...not so much.

I would add that once you own a stadium there is an incentive to stay there. It is economically intelligent to keep a car I own rather than always taking on new car payments. It behooves me to stay in a house I own rather than moving from new mortgage to new mortgage. Likewise, if you own Fedex, there is reason to stay rather than trying to finance a new stadium.

[FRPLG]

Originally Posted by Lotus

I would add that once you own a stadium there is an incentive to stay there. It is economically intelligent to keep a car I own rather than always taking on new car payments. It behooves me to stay in a house I own rather than moving from new mortgage to new mortgage. Likewise, if you own Fedex, there is reason to stay rather than trying to finance a new stadium.

And since they keep selling the games out despite a general sense amongst fans that the stadium is average and the experience lacking then why would he even be motivated to build a new stadium. The only thing I can think of that would motivate him is if he concludes the stadium is going to become a problem in terms of revenue generation and he'd like to head that off or just plain ego. I think he has a big ego...I don't think he'll shell out upwards of a billion dollars to staisfy it. The only thing he likes more than himself is money.

[Lotus]

Originally Posted by FRPLG

And since they keep selling the games out despite a general sense amongst fans that the stadium is average and the experience lacking then why would he even be motivated to build a new stadium. The only thing I can think of that would motivate him is if he concludes the stadium is going to become a problem in terms of revenue generation and he'd like to head that off or just plain ego. I think he has a big ego...I don't think he'll shell out upwards of a billion dollars to staisfy it. The only thing he likes more than himself is money.

Excellent point.

[Giantone]

Originally Posted by FRPLG

And since they keep selling the games out .

Thing is they aren't,club seats haven't been totally sold out for over 10 years.

[NC_Skins]

Originally Posted by Giantone

Thing is they aren't,club seats haven't been totally sold out for over 10 years.

This is a huge reason why Dan might not want a new stadium at this particular time. The demand for high paying tickets, suites, and PSLs is probably at a all time low right now so trying to get people to fork over even more money wouldn't be a smart decision. The team would have to become competitive for some years before he could drum up the interests again to charge the type of fees he's going to want to charge for new stadium PSLs.