Marc Ganis
Marc Ganis
deal florida happening historical knowledge personal perspective south stadium
I say that from some personal knowledge and from the historical perspective of nothing happening in South Florida to get a stadium deal done.
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It doesn't have to be some sort of brand new, $1 billion stadium like what was planned for New York.
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This would be the first example of a stadium being developed from the outset for two N.F.L. teams, ... The cost of these buildings has skyrocketed to such a degree that it makes far more economic sense to share the debt service and the revenues. The net revenues for the two teams are likely to be significantly better than if they each built their own stadium.
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Many of the revenues and expenses associated with the new stadium are unshared and are the single largest factor in determining the difference in revenues between the clubs.
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The teams in smaller markets, like Jacksonville and Cincinnati, got their stadiums first. Then it was the big markets' turn -- Boston, Houston, Philadelphia, and soon New York and Dallas. The disparities between markets have become magnified.
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Once you announce you're moving the team, you give up your key piece of leverage. When they moved, a new stadium deal was expected to take a matter of months. It took eight years.
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If you're a relocated franchise you can decide to put a stadium anywhere. It changes the dynamic. It changes the whole economic equation.
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Ownership of the Washington Redskins provides perhaps the most visible platform from which to try and lobby Congress, pass legislation, speak with lobbyists and interact with the media in the nation's capital. There's a lot of value associated with that.
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It is economically if not physically obsolete. When you have a special event like Sugar Bowl or Super Bowl, people care less about how far away the field is or a bathroom in the luxury box. But for annual ticket buyers, it's a big deal to them.
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I suspect you would see a handful of clubs that can pay more and would pay more. But you would also see a lot of clubs not spending $100 million, like they now do.
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When you get out of the top 10 markets, it's really important how many other sports teams are in town. You want to move to a market with zero or one. Charlotte can definitely support two teams.
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Winning is the great deodorant. Even if this is a marketing mistake, and I'm not saying it is, winning goes a long way to fixing it.
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The Panthers have matured as a franchise, and they are benefiting from a continuous effort to upgrade their operations. Even when they had lean years on the field, the Panthers took care of their fans and sponsors. That's paying off.
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Time Warner will need to take the NFL Network on. Their subscribers will demand it. Plus, Time Warner needs the NFL Network more than some channel about gardening or something like that.