Tag archive for "recession"

December 03, 2010   |No Comments Stadiums

Cub Fans Say ‘Why Not Me?’

Cub Fans Say “Why Not Me?

by Mike Felten

Over the holiday weekend a lot of Cub fans were mulling over their team’s request that the amusement tax growth paid on every ticket sold be returned to the Cubs organization to make necessary improvements on Wrigley Field. The plan would be in effect for thirty-five years.

The politicians in our near bankrupt city and county were aghast. Chicago is short 2,000 police officers and 2,000 teachers were recently given pink slips, but you can’t beat fun at the old ballpark.

There is a growing number of Cub fans envious of all the improvements they see on the other side of town. They want the modern restrooms and the over-priced food courts to keep up with the White Sox and Bears’ facilities. That’s right, the “me” generation is alive and well on the northside.

However, the politicians held their ground. They aren’t giving up any revenue. They told Tom Ricketts and Co. that they better come up with another source to pay for the improvements.

The bonds used to finance Soldier Field and Cellular One are scheduled to be paid off soon. A hotel tax has been used to make those payments. Yet, there is no information available if the hotel tax would be retired when the bonds are paid. Sports fans is so used to paying $80 for that $59.95 room anyway. According to a spokesman for the Illinois Senate President, John Cullerton, “Bond counsel has technical issues with this back up plan”. Translated this means we’ll continue to cash the paychecks and turn a blind eye to taxpayers.

Where will Ricketts find the money for these stadium improvements?  Maybe he can take a portion of the proceeds from the homeless guys selling the Streetwise newspaper outside of Wrigley. The “bucket boys” playing their plastic buckets on Addison for tips don’t contribute a dime to the well being of the Ricketts either.

Alderman Tom Tunney has proposed expanding the boundaries of the downtown restaurant district so all these small business (including Tunney’s restaurant) can help support the Cubs and Wrigley. In the meantime, Chicagoans have received the second half of their property tax bills. This is known locally as the other shoe dropping.

Gary Ettema and Bonnie Sutherland’s auto repair shop has a $29,000 bill due, up from the first “half” $11,000. Their shop is in a special service area that taxes to cover a community’s special needs. These folks are trying to hang on like a lot of Chicagoans. They could use a Ricketts size tax break.

But Gary and Bonnie live on the Southside and are probably Sox fans. They can find shelter in their ballpark if they can afford the price of a ticket and if they can’t keep their business going, maybe they can get a job there too. There are only 2,000 teachers on the waiting list ahead of them.

Mike Felten is an SFC sportswriter fellow.  He is a music industry veteran, a performer, and owner of the Landfill Records, the former Record Emporium, navigating the transitioning areas of intellectual property and musicians rights. Born and raised in Chicago, Mike is a long time Chicago Cubs fan and a Oklahoma Sooners booster.

February 07, 2010   |2 Comments Uncategorized

Super Bowl Sunday is Here – Will it Be in 2012 or 2014?

It appears to be an exciting matchup of two equally potent teams on offense led by prolific quarterbacks that even Brett Favre would acknowledge are the best in the game and deserving to take home the Vince Lombardi trophy to open this new decade.

While the excitement of the big game builds, it’s important to remember that we are heading into an upcapped year and a lockout in 2011 is imminent. Not trying to be ‘Debbie Downer’, but it’s true.  From a fans perspective, the owners – who have up until now done their best impression of G. Gordon Liddy at the Watergate hearings – better extend the olive branch to players to get this deal done.

Roger Goodell was seen pleading with both sides for the sake of the game as he delivered his State of the League address to media on Friday. To clarify, Goodell has a vested interest here as his legacy will take a major hit if he is not successful in this plea, and don’t forget SmartMoney’s ‘Thing 10′ in its article ’10 Things the NFL Won’t Tell You’:

“It’s just a business to us.”

In other sports business news, New York sports fans are well aware of the third new stadium construction project – following the Yankees and Mets new buildings – subsidized with taxpayer funds housing the Giants and Jets.  To signal the end of an era, demo crews have begun their work on the old venue in earnest.

Remember Cincinnati’s Nasty Tax Obligations, well the Bengals are offering to let Hamilton County off the hook with some concessions, paying 1-3 million a year in rent and upkeep of Paul Brown Stadium while seeking to have the county offers up proceeds from other events and a little political support in convincing  the city of Cincinnati to arrange a similar deal with the team. Stay tuned to SFC for updates.

Coming full circle, Miami local leaders are criticizing Dolphins owner Stephen Ross for seeking tax money to put a roof on Sun Life Stadium, home of tonight’s Super Bowl. And rightfully so. The roof would help Miami get another Super Bowl bid, but is it worth it?

The best quote to sum up a definitive answer to this quandry comes from Victor Matheson, a sports economist at the College of the Holy Cross in Worcester, Mass, who co-wrote a 2004 paper on the big game’s economic impact:

“You could host a Super Bowl every year for the next 20 and be lucky to recoup your costs.”

Enough said.

November 30, 2009   |No Comments Uncategorized

Monday’s Call to Action by Brad Blakeman

Ticket Prices – How Much is Too Much?

Our country is facing the worst economic crisis since the Great Depression.
Our national unemployment rate now exceeds 10%. Business are closing, folks are losing their homes and cars, yet, at Ballparks with high ticket prices
you would think we are in boom times. A recent study shows that 63% of fans
believe that high ticket prices are preventing families from attending
sporting events.

The average cost for a family of three to attend ONE game is as follows:

3 Loge Level tickets: 150.00 @50.00 per.

3 Hot Dogs, Sodas, Cracker Jacks: $44.00

3 Baseball Caps: $57.00

Parking: $20.00

Total cost: $271.00

If you can believe it, the average cost for a ticket to a MLB game went up
this year by 5%. Is it any wonder ballparks all across the country are
suffering from low attendance? Attendance nationally is down by 6%.

It is just plain wrong that sports fans from infants to seniors are denied
the ability to be there to enjoy their favorite sports because they are
priced out.

SFC wants to hear your stories. Let us know your own personal experiences
and your opinions with regard to high ticket pricing.

We want your voices to be heard!

-Brad Blakeman

Read posts from SFC board member Brad Blakeman every Monday here at www.SportsFansCoalition.org.

November 18, 2009   |2 Comments Uncategorized

SILVERDOME LOSES ITS SHINE, WASTED TAX DOLLARS ON DISPLAY

In 1975, $55.7 million of public funding built the Pontiac Silverdome.

The NFL stadium in Detroit, Michigan was auctioned off today for $583,000.

That’s $7.25 a seat.

While it is tough to see how hard the the economic dowturn has hit Motown, this article from Bloomberg clearly identifies the dangers of siphoning tax payer dollars toward sports stadiums.  Billionaires have been buying sports franchises and successfully leveraging the local goverment and taxpayers to pay for their new toys.

It continues to happen today except the scale has climbed from 10′s of millions of dollars to billions in donations from you and me.

If you sit on the sidelines, these abuses on the sports fan will continue.

JOIN THE COALITION today to be a part of the solution.


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