03-28-2017, 07:47 PM
Roger Noll, Stanford economics professor emeritus, understands the inflamed passions of pro football fans. But he warns emotions can cloud good financial decisions when it comes to moving the Raiders to Las Vegas.
Noll rejects the financial projections Nevada lawmakers used to pass a bill to contribute $750 million to a proposed $1.9 billion NFL stadium next to the Strip.
It is a catenation of optimistic assumptions, he said. The probability that it could happen isnt zero, but it is pretty close to zero.
http://www.mercurynews.com/2017/03/22/ra...mist-says/
Noll rejects the financial projections Nevada lawmakers used to pass a bill to contribute $750 million to a proposed $1.9 billion NFL stadium next to the Strip.
It is a catenation of optimistic assumptions, he said. The probability that it could happen isnt zero, but it is pretty close to zero.
http://www.mercurynews.com/2017/03/22/ra...mist-says/
Eric
"the older we get the better we were"