2019 Salary Cap - Bengals Cap Space

[wolverine515151]

(12-15-2018, 10:30 PM)Whatever Wrote: The fact that such an ownership situation isn't permitted by the league aside, PBS and GAB were funded by a .5% sales tax increase.  If people should have control based on the fact that they contributed money towards the stadium, then every person who bought something in Hamilton County from 1998 on contributed money towards the stadium, and should also therefore have a say in how the team is run, including all those visiting Browns and Steelers fans.  

Even then, if this was left up to the Hamilton County voters, it would still be a disaster.  The same voters who voted in the politicians who broke the Riverfront lease, insanely overpaid for PBS, gave the Bengals a favorable lease agreement, then wasted more taxpayer money trying to sue the Bengals over the lease they agreed to are now going to vote on the politicians who are going to run the Bengals?  What could go wrong?

What's worse is the legal precedent it would set.  Basically, if you rent commercial property and are losing money, you basically have the right to steal your tenants' businesses.  

The County owns PBS.  If the county is losing so much money, they can choose not renew the lease when it expires.  The County won't do that because no team is going to move into PBS and as much as they're complaining about what they've spent, there's money coming in they don't talk about.  Stuff like city income taxes on a bunch of millionaires, property taxes, sales taxes on the money they throw around, tourist dollars, the fact that the new sports stadiums were centerpieces for the downtown renovations which brought in businesses, etc., etc.

The fans would elect a board of directors, not politicians, to run the team. The board of directors would be far more competent than the politicians who got a bad stadium deal. The amount of economic gain to surrounding businesses is very small compared to the 920 million the fans have paid to build and fund the stadium.