tag:blogger.com,1999:blog-1021348172235346593.post8230507493635923909..comments2024-03-03T06:01:35.285-05:00Comments on Shadow of the Stadium: Rays President Addresses Elephants and Economists in RoomUnknownnoreply@blogger.comBlogger11125tag:blogger.com,1999:blog-1021348172235346593.post-40937322941851149582015-02-12T14:26:59.080-05:002015-02-12T14:26:59.080-05:00Statement 1: Our attendance assumptions when we in...Statement 1: Our attendance assumptions when we invested in the team in the current stadium were wrong. Statement 2: But here are our attendance assumptions for the new stadium we need you to purchase. Inference: Although our first assumptions were wrong, we need you to bail us out for our first assumptions and bet $600M that our second assumptions are right. <br /><br />And Auld obviously knows the MOU compensates St. Pete ZERO DOLLARS in exchange for the Rays exploring Tampa. The vote was a NO to an unfavorable deal. It was not a misunderstanding. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1021348172235346593.post-60516399827463329952015-02-10T14:17:30.288-05:002015-02-10T14:17:30.288-05:00No journalists. ECOT members are business folks i...No journalists. ECOT members are business folks including bankers, lawyers, health care, accountants, real estate, a political person or two, etc.scott myershttps://www.blogger.com/profile/02612909222047091812noreply@blogger.comtag:blogger.com,1999:blog-1021348172235346593.post-31605364959828847792015-02-10T10:24:31.856-05:002015-02-10T10:24:31.856-05:00Great crowd. So how many journalists in the room? ...Great crowd. So how many journalists in the room? I assume you were the only one taking notes to relay the information, right?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1021348172235346593.post-56965553605779533372015-02-10T10:18:59.484-05:002015-02-10T10:18:59.484-05:00Approximately 100 folks attend the weekly Economic...Approximately 100 folks attend the weekly Economic Club of Tampa luncheonsscott myershttps://www.blogger.com/profile/02612909222047091812noreply@blogger.comtag:blogger.com,1999:blog-1021348172235346593.post-33605467335731521802015-02-10T07:44:02.409-05:002015-02-10T07:44:02.409-05:00Based on the very very low number of news on this ...Based on the very very low number of news on this event over internet, just wondering how many journalists attend the event and how many people were attending the event too?<br /><br />0, 1, 2, more than 2?<br /><br />Does such appearance by Auld at this stage of the negotiation process was generating any hype or expectations?<br /><br />I have the feeling that the word apathetic is back again. Maybe I'm wrong.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1021348172235346593.post-37001290883882438392015-02-09T23:10:12.213-05:002015-02-09T23:10:12.213-05:00If the Rays do move to Montreal, it is a given tha...If the Rays do move to Montreal, it is a given that Sternberg would sell part of the team to a local (preferably French) business partner. He'd be foolish not to.Davidnoreply@blogger.comtag:blogger.com,1999:blog-1021348172235346593.post-45096998517542409352015-02-09T17:04:15.457-05:002015-02-09T17:04:15.457-05:00Especially if attendances are lower and lower in t...Especially if attendances are lower and lower in the next 2-3 years.<br /><br />For every dollars the Rays will invest into a stadium, they need some kind of warranty that there will be more money at the gate to compensate the additional cost<br /><br />Even worse, what Auld said is that it will take a generation (20-25 years) before young fans will have kids and will show up at the new stadium so attendance will stabilize and revenue stream will be more stable.<br /><br />This is why Montreal is way more appealing for MLB. With more than 100 years of baseball tradition and history, the story is completely different and no need to wait for a complete generation.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1021348172235346593.post-83565620321171654862015-02-09T16:50:24.182-05:002015-02-09T16:50:24.182-05:00Simple math
$600 million cost for stadium = $38 mi...Simple math<br />$600 million cost for stadium = $38 million per year for 30 years at 5% interest. Rays will be looking for major bailout from taxpayers.scott myershttps://www.blogger.com/profile/02612909222047091812noreply@blogger.comtag:blogger.com,1999:blog-1021348172235346593.post-20826895359305698042015-02-09T16:07:28.955-05:002015-02-09T16:07:28.955-05:00My understanding is that a new stadium with higher...My understanding is that a new stadium with higher attendance will increase revenues by 15-20M, so payroll will be higher 15-20M because of that. Once that said, depending on debt (payment for rent/paying their portion of the stadium), it may be lower than 15-20M.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1021348172235346593.post-29492698861843095902015-02-09T15:41:05.042-05:002015-02-09T15:41:05.042-05:00Clarification:
15-20 million in increased revenue ...Clarification:<br />15-20 million in increased revenue - no guidance from Brian Auld in how or if that translates to increased payroll.scott myershttps://www.blogger.com/profile/02612909222047091812noreply@blogger.comtag:blogger.com,1999:blog-1021348172235346593.post-13502763054347813902015-02-09T15:29:28.553-05:002015-02-09T15:29:28.553-05:00These comments are aligned with what Sternberg sai...These comments are aligned with what Sternberg said in the past 12 months. Sternberg is not the one that will move the team.<br /><br />Once that said, at least 5K-10K more fans per game is a big challenge considering that St. Pete is out of question in my mind. So St. Pete council must accept this fact and facilitate the search of a pitch perfect site with mass transit. Sternberg will not wait 5 years. 2-3 years maximum to get a new stadium agreement and a clear plan.<br /><br />Otherwise, Sternberg will sell partially or completely the Rays.<br /><br />Funny that all the comments from MLB (Selig and other) in the past 2-3 years are no longer mentioned. Does that mean those comments were not real ones or serious?Anonymousnoreply@blogger.com