Yup I was listening to the local stations when the news broke and I've been glued to it since then.Snyder seems to be selling the Commanders. I think there are a lot of happy Washington fans out there including @purebeast
Dan Snyder Hires Bank Of America To Sell Washington Commanders
Neither the Commanders nor Bank of America, which has handled such notable team sales as the purchase of the Los Angeles Clippers by Steve Ballmer, would comment.www.forbes.com
Snyder seems to be selling the Commanders. I think there are a lot of happy Washington fans out there including @purebeast
Dan Snyder Hires Bank Of America To Sell Washington Commanders
Neither the Commanders nor Bank of America, which has handled such notable team sales as the purchase of the Los Angeles Clippers by Steve Ballmer, would comment.www.forbes.com
It can definitely be good.Why local governments continue to believe the lie that investing in stadiums is a good economic policy is beyond me
2 picks and 9 million off next years salary cap isn't bad, he never lived up to the 8th pick of the draft. He's a good player, in the upper echelon of TE's but would not be worth the money i think for his next contract.TJ Hockensen is a Viking now.
30 years is pretty old...and by reports...pretty shitty...lacking in character. Poo water or something was leaking out as well. I would not be surprised if the commute to the game itself is a detriment to the team because they do everything in Ashburn which is way out there to the west in NoVA.If I were selling a $8B business, Bank of America is the last company I would call, lol.
The dumb thing is that the real reason Snyder is selling is because the NFL wants a new stadium and Snyder is obviously not very popular with the pols. The stadium they do have isn't that old. I personally think it's a bad idea but I could see the NFL wanting to fleece taxpayers and get a new staidum built for the new owner where RFK is now.
It can definitely be good.
You should see the area where the Washington Nationals ballpark is. Before that, the place was one of the worst places you'd want to step foot in when in DC. It wasn't safe and was in the shittiest parts of DC.
Now though it's a destination. There are bars all around there, higher income living, etc. It completely turned that area around. Not to mention they won a World Series a few years ago so they are super popular.
VA was going to bed Snyder...but it's not exactly good optics to be courting and rewarding misconduct, and so they bailed out.It can definitely be good.
You should see the area where the Washington Nationals ballpark is. Before that, the place was one of the worst places you'd want to step foot in when in DC. It wasn't safe and was in the shittiest parts of DC.
Now though it's a destination. There are bars all around there, higher income living, etc. It completely turned that area around. Not to mention they won a World Series a few years ago so they are super popular.
But with a team like the Commanders, who have been the dredges of the NFL for more than 2 decades, where they have literally ripped out like 20k+ seats from their current stadium because attendance has consistently gone down, and has a shitty owner like Dan Snyder, is not going to be a good economic policy. That's why none 2 states (MD and VA) nor DC wants to get in bed with Snyder.
It can definitely be good.
You should see the area where the Washington Nationals ballpark is. Before that, the place was one of the worst places you'd want to step foot in when in DC. It wasn't safe and was in the shittiest parts of DC.
Now though it's a destination. There are bars all around there, higher income living, etc. It completely turned that area around. Not to mention they won a World Series a few years ago so they are super popular.
But with a team like the Commanders, who have been the dredges of the NFL for more than 2 decades, where they have literally ripped out like 20k+ seats from their current stadium because attendance has consistently gone down, and has a shitty owner like Dan Snyder, is not going to be a good economic policy. That's why none 2 states (MD and VA) nor DC wants to get in bed with Snyder.
The owners of the Nats Stadium don't get any of the money that comes from the bars, restaurants, housing, etc, that has been built up and developed. All of that helps the cities economy when that stuff starts booming.It should be done with private money and not public funds, especially all these deals where the public payed for it yet they (owners) get to keep the vast majority of profits
Yeah but areas they were talking about moving the stadium too like Woodbridge or Dumphries aren't exactly Vienna, Alexandria, or McLean.VA was going to bed Snyder...but it's not exactly good optics to be courting and rewarding misconduct, and so they bailed out.
NoVA also has little to "revitalize". There really isn't a "dump" throughout the area.
The owners of the Nats Stadium don't get any of the money that comes from the bars, restaurants, housing, etc, that has been built up and developed. All of that helps the cities economy when that stuff starts booming.
If I were selling a $8B business, Bank of America is the last company I would call, lol.
The dumb thing is that the real reason Snyder is selling is because the NFL wants a new stadium and Snyder is obviously not very popular with the pols. The stadium they do have isn't that old. I personally think it's a bad idea but I could see the NFL wanting to fleece taxpayers and get a new staidum built for the new owner where RFK is now.
Studies do not disprove particular situations. DC has garbage, crime ridden areas and Nats Park just happened to be plopped in place that used to have those qualities.But studies have shown the economic benefit does not outweigh the tax breaks and money the area gives them to build the new stadium, by a lot.
Studies do not disprove particular situations. DC has garbage, crime ridden areas and Nats Park just happened to be plopped in place that used to have those qualities.
The starting though...was very low to begin. Other places may very well be sub-optimally located or have no substantial effect in the surrounding areas.
The owners of the Nats Stadium don't get any of the money that comes from the bars, restaurants, housing, etc, that has been built up and developed. All of that helps the cities economy when that stuff starts booming.
All those things like housing, bars, and restaurants would have been built regardless. Either in that spot around the stadium or elsewhere in the city. All the stadium does is shift entertainment dollars and siphon off a shit ton of public money.
Studies do not disprove particular situations. DC has garbage, crime ridden areas and Nats Park just happened to be plopped in place that used to have those qualities.
The starting though...was very low to begin. Other places may very well be sub-optimally located or have no substantial effect in the surrounding areas.