tag:blogger.com,1999:blog-6576993731992352882.post6183334619055704994..comments2024-03-04T03:21:18.316-05:00Comments on Eye On Tampa Bay: Fast Track HB13 to Stop Subsidizing Stadiums and the Pay to Play EyeOn TampaBayhttp://www.blogger.com/profile/11804489795079963473noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6576993731992352882.post-71945831772735857672017-10-26T14:43:40.330-04:002017-10-26T14:43:40.330-04:00The Rays need to follow the Oakland's A's ...The Rays need to follow the Oakland's A's professed path for its new stadium - 100% privately financed.<br /><br />An on-going national tragedy is that taxpayers continue to pay for sports venues for billionaire sports franchise owners (MLB, NFL, NBA, NHL, and now MLS). This is a transfer of wealth from the taxpayers to the super-rich at about a $2 billion per year rate. <br /><br /> <br /><br />Please read the attached articles to get a sense of what is going on with MLB. The executive summary of these articles is:<br /><br />· MLB is becoming increasingly more profitable as revenues grow rapidly.<br /><br />· MLB franchises are becoming increasingly more valuable.<br /><br />· MLB is paying a declining % of its growing total revenues to the players. even though it provides many long-term player contracts that are just plain stupid - currently there are 47 MLB players with $100 million or greater long-term contracts - 6 of these players will not play a single game this year.<br /><br />· Giving even a dime of taxpayer money to MLB to build or renovate stadia is akin to providing publicly funded scholarships for the children of Bill Gates and Warren Buffett!<br /><br />It is a similar story for the NFL, NHL, NBA, and MSL.<br /><br /> <br /><br />https://www.linkedin.com/pulse/case-more-public-money-major-league-baseball-scott-myers<br /><br /><br /><br />https://www.linkedin.com/pulse/price-delusion-mlb-continues-grow-scott-myers/?published=t <br /><br /> <br /><br />https://www.linkedin.com/pulse/11-7-mlb-starting-pitcher-worth-155-million-over-65-years-scott-myers?published=tscott myershttps://www.blogger.com/profile/02612909222047091812noreply@blogger.comtag:blogger.com,1999:blog-6576993731992352882.post-16100992388426143972017-10-13T13:36:26.067-04:002017-10-13T13:36:26.067-04:00This year Speaker Corcoran published Florida's...This year Speaker Corcoran published Florida's annual budget. I was surprised to see the Senator Latvalla had earmarked $8 Million for Pinellas for Entertainment. I refer to $1M for Holocaust Museum plus $2 Million for a building for them, $1 Million for Clearwater Aquarium a private company, $1 million for Ruth Eckert Hall and the rest to various museums. I guess we are in the entertainment business.Anonymousnoreply@blogger.com