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A collection of some classic Lemmy memes for your enjoyment
A typical stadium that costs that much generates profits of like $100-200M per year. So if the city isn't dumb enough to pay that much for it and not get a sizeable portion of that income, they can fund a comprehensive public transit system with that new money without going to debt.
OKC right now
The OKC deal is actually a pretty square deal. The team is putting up 50m and the city is putting up another 70m, but the city retains ownership and use over the property. The funding is also coming from extending a 1% sales tax weve already been paying for the last 5 years.
It's not what I would prioritize, but at least we're actually going to keep the infrastructure we're paying for.
I wish my city council would spend money on a stadium...