In the old days, NFL owners were rich men who accepted the risk of losing money as the cost of doing business. Thanks to the popularity of the game, the NFL and its owners—with the collusion of politicians—have created what amounts to a risk-free business environment. According to Long’s data, a dozen teams received more public money than they needed to build their facilities. Rather than going into debt, they turned a profit.
The perfect example: Seven of every ten dollars spent to build CenturyLink Field in Seattle came from the taxpayers of Washington State, $390 million total. The owner, Paul Allen, pays the state $1 million per year in “rent” and collects most of the $200 million generated. If you are wondering how to become, like Allen, one of the richest humans on earth, negotiating such a lease would be a good start.
In New Orleans, taxpayers have bankrolled roughly a billion dollars to build then renovate the Superdome, which we are now supposed to call the Mercedes-Benz Superdome. Guess who gets nearly all the revenues generated by Saints games played in this building? If you guessed all those hard-working stiffs who paid a billion dollars, you would be wrong. If you guessed billionaire owner Tom Benson, you would be right. He also receives $6 million per annum from the state as an “inducement payment” to keep him from moving the team.
That’s the same amount Cowboys owner Jerry Jones would pay each year in property taxes to Arlington, Texas, where his fancy new stadium is located. Except that Jones doesn’t pay property taxes because, like many of his fellow plutocrats, he’s cut a sweetheart deal with the local authorities.”
Public funding of stadiums and arenas makes me so goddamn angry.
Public funding of stadiums makes me hulk smash angry
Me (via roarkshop)
Damn! Damn! DAMN!!! Oh my gosh!
10 AND 13 KILLED ME
This made me so sad and reminded me that I fucking love Harry Potter
WHO TOLD YOU THAT 5, 10, & 13 WERE OKAY? NO ONE, THAT’S WHO.
I emphasize to my students that 2 major wars with American involvement were fought in the time women were campaigning for the right to vote - the US Civil War and World War 1. Women’s suffrage didn’t just happen because they finally got around to giving us the right to vote. It was fought for.
Seems like IKEA are really shaking things up this year. In addition to the previously announced TV set, they’re also going to release a digital camera made of cardboard called Knäppa (“Snap”). It’ll hold 40 photographs at a time and plugs directly into your USB port. While it’s not the prettiest camera the world has ever seen, I do love the idea of a screen-less digital camera that brings people back to the wait-and-see days of film.
This is great.
my otp has finally been reunited
isn’t it interesting that when a male celebrity calls themselves a feminist there’s no thinkpieces about whether or not they’re REALLY a feminist but when Beyoncé does it there’s ten million poorly-written editorials the next day
it’s almost like Joseph Gordon Levitt’s opinion is seen as inherently valid and Beyoncé’s is seen as inherently questionable
I wonder what about these people might be the difference here
I’m stumped, I can’t possibly figure this out
Tis a big and beautiful world. Most of us live and die in the same corner where we were born and never get to see any of it…
I don’t want to be most of us.
#tbh I’m still really not over this