12-11-2019, 04:05 PM
This is an example of what I mean about cash printing:
https://onecardinalway.com
That is a development the St. Louis Cardinals are leveraging around their ballpark. The Giants are doing something very similar around theirs. Though obviously the goal is to pack the stadium and that won't happen with a terrible, old, boring team, the idea is to bolster the franchise revenues off the playing field by extending the brand as much as possible. The Dallas Cowboys have done something a bit similar, with the Frisco football complex.
Turns out teams owning their stadium outright is both in the interest of local citizens who don't get stuck with paying bonds to subsidize, and the teams themselves.
https://onecardinalway.com
That is a development the St. Louis Cardinals are leveraging around their ballpark. The Giants are doing something very similar around theirs. Though obviously the goal is to pack the stadium and that won't happen with a terrible, old, boring team, the idea is to bolster the franchise revenues off the playing field by extending the brand as much as possible. The Dallas Cowboys have done something a bit similar, with the Frisco football complex.
Turns out teams owning their stadium outright is both in the interest of local citizens who don't get stuck with paying bonds to subsidize, and the teams themselves.