I am so ****ing tired of the "corporate welfare" arguments of people around here. They think by justing stating "corporate welfare" that they are making a point. Fact is, by making these stadium upgrades all of the fans can enjoy a new stadium, special events might come to the South Florida and perhaps the team I cheer for can end up in the 21st century.
Bottom line with "corporate welfare" compared to other social programs...like welfare, I can enjoy the benefits the government is aiding with. Make no mistake, Steve Ross is coming with over half of this venture.
Actually he wont be coming up with over half because if we give taxpayer money the nfl will supplement his part of money. why is this not coporate welfare, the nfl is a hugely profitable company that makes more profiit because it lives off of taxpayer money to build and fix their stadiums. There are people that benefit Ross and NFl because it increases value of franchise and people that somehow will have the money to go to the games but the benefit to the city of Miami is pretty minimal
The Miami Heat has not had to pay to use the $357 million-venue, which sits on $38 million of county land; the county has paid $64 million in operating subsidies. "It was never a good deal," says former Miami-Dade Commissioner Katy Sorenson, who opposed the new arena in 1996. "There are certain politicians who just get stars in their eyes and don't really think about what the real cost is going to be."
Don't get me wrong, i'm all for the AAA and the team that currently resides there. But Stephen Ross has approached the issue like no other owner SINCE Joe Robbie.
I wouldn't sink a dime into that hole and unfortunately I may be forced to. That huge sum of money will be sucked up into a blackhole of an aging, soccer centric stadium in a miserable neighborhood. I don't believe the money will be spent towards anything that interests me. New luxury boxes? Higher def images of fergie saying fins up? Whats the gain to the taxpayer? Will higher quality bathrooms guarantee the super bowl in Miami Gardens? Just an astounding waste of money which will be manipulated into action by easily corruptible politicians.
Amazing how Miami had a superbowl in 2010 but spending by tourists was 10 percent more the following year setting a record for tourists. You would think that with the overinflated number the nfl pumps out that would almost be impossible.