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Corporate Welfare: Tennessee Approves $500 Million in Funding for New Titans Stadium
Breitbart ^ | 04/22/2022 | Dylan Gwinn

Posted on 04/22/2022 12:47:04 PM PDT by ChicagoConservative27

The practice of billionaire NFL owners convincing state politicians to give them hundreds of millions in taxpayer money to subsidize their stadiums is alive and well.

The latest example of this can be found in Tennessee, where the state legislature – House and Senate – passed a budget that includes $500 million for a new Titans stadium in Nashville, according to the Tennessean.

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: stadium; tennessee; titans; welfare
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First buffalo now Tennessee. What a waste of money.
1 posted on 04/22/2022 12:47:04 PM PDT by ChicagoConservative27
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To: ChicagoConservative27

These days, I wouldn’t go to Nashville on a bet. Another Urban Hellhole.

Secondly, Dave Ramsey is a HUGE Titans fan. Wonder what his take is on this Taxpayer Free For All?

(He hates Mother Government almost as much as I do...)


2 posted on 04/22/2022 12:51:08 PM PDT by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set. )
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To: ChicagoConservative27
We just built a freaking stadium. It's not even twenty years old. Sheesh.

Are they at least going to build something that's enclosed so we can host a Super Bowl and/or NCAA championship?!?

3 posted on 04/22/2022 12:51:15 PM PDT by Campion (All we are saying is give peace a chance.)
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To: ChicagoConservative27

Nashville is broke. The streets are full of potholes. The traffic is a nightmare.

$ 500 million is just the first installment. Guaranteed !

The politicians are happy.


4 posted on 04/22/2022 12:53:29 PM PDT by BrexitBen
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To: ChicagoConservative27
With the Vols going 7-6 last year and 3-7 the year before that, I can understand football fans in Tennessee being willing to do anything to have a good local team. LOL

RTR

5 posted on 04/22/2022 12:54:05 PM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: ChicagoConservative27

Kickbacks for everyone. Except the taxpayers.

They built a soccer stadium in Sandy Utah. Near Salt Lake city. The cost was nearly a billion dollars. For a Soccer Stadium! The issue was put up to the voters twice and shot down overwhelmingly. So the developers found another way for the govt to underwrite their “investment”. The Soccer Stadium is there and the taxpayers are still on the hook.

My understanding is that every stadium in America loses money. If soccer fans want a stadium, then take up a collection.


6 posted on 04/22/2022 12:54:05 PM PDT by Seruzawa ("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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To: Campion

I just Googled it. Yes, an enclosed stadium, total price tag of as much as 2 billion. Dumb, silly, extravagant, wasteful, but at least they’re going to build something that can be used for more than 10 Sundays in the fall.


7 posted on 04/22/2022 12:54:51 PM PDT by Campion (All we are saying is give peace a chance.)
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To: ChicagoConservative27
Buffalo is a $#ithole. Bills had leverage. Titans? Maybe not. Nashville is a city on the rise.

Look at L.A. Their new stadium was built 100% by private money.

In other words, location is everything

8 posted on 04/22/2022 12:56:05 PM PDT by MinorityRepublican
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To: Campion

What exactly is the problem with the stadium that opened in 1999, seating capacity about 69,000. Do they need a bigger stadium? Do they want the fancy boxes? Brother is a Cowboys’ fan. They’re playing there next season. Not far from Louisville, might consider going.


9 posted on 04/22/2022 12:57:42 PM PDT by MDLION (J"Trust in the Lord with all your heart" -Proverbs 3:)
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To: ChicagoConservative27

Bankrupt NY has that beat by $100 million for a new Bills stadium, Hochul is of course from there. Outside of NYC, Buffalo was the only metro area won by Cuomo in his last election, so they also received the Buffalo Billion to finance that now worthless solar panel plant in South Buffalo for Musk. My buddy who lives there is always bragging about how much money and investment is flowing into that city, I guess kissing the democrat’s a$$ pays off big in this state.


10 posted on 04/22/2022 12:58:46 PM PDT by jimwatx
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To: Campion
when they blew up the old Seahawks stadium decades ago, they blew up a building that we still owed on for the tune of $50 million...IIRC....now there are two stadiums right next to each other...one for football, one for baseball....

don't forget to get your property taxes in ....mine went up about $800 a year.

11 posted on 04/22/2022 12:58:52 PM PDT by cherry (;)
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To: All

Is it a loan that gets paid back or just free money ?


12 posted on 04/22/2022 1:00:30 PM PDT by escapefromboston (Free Chauvin)
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To: MDLION

If the voters don’t object why shouldn’t they make the taxpayers pay for it?


13 posted on 04/22/2022 1:00:47 PM PDT by DIRTYSECRET
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To: DIRTYSECRET

You’re right. If I were a Nashville/Tennessee taxpayer I’d want to hear a price tag for upgrading the existing structure.


14 posted on 04/22/2022 1:07:54 PM PDT by MDLION (J"Trust in the Lord with all your heart" -Proverbs 3:)
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To: MDLION

The current stadium has fancy boxes. I don’t know what they hope to gain with a new stadium. As I say, I think it’s dumb to have built an outdoor stadium which is precluded from hosting Super Bowls, NCAA football or basketball championships, or even SEC football championships by climate.


15 posted on 04/22/2022 1:09:38 PM PDT by Campion (All we are saying is give peace a chance.)
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To: ChicagoConservative27

We are hugh Titans fans from HSV. Glad we don’t have to pay series taxes for the stadium!


16 posted on 04/22/2022 1:12:57 PM PDT by Theophilus (Convoy!)
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To: ChicagoConservative27

Taxpayers should not be forced to subsidize stadiums for billionaire owners for their millionaire players.


17 posted on 04/22/2022 1:14:57 PM PDT by Lurkinanloomin ( (Natural born citizens are born here of citizen parents)(Know Islam, No Peace-No Islam, Know Peace)
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To: Diana in Wisconsin

“These days, I wouldn’t go to Nashville on a bet. Another Urban Hellhole.”

I haven’t been back to the place of my birth in five years. I just found out they demolished the beautiful old house I was raised in and was built by my Grandfathers Uncle to build a man-bun, coastal asshole shotgun house. Burn in hell spineless hipsters and may your children be sired by other men of which you have no knowledge.


18 posted on 04/22/2022 1:18:23 PM PDT by dljordan
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To: ChicagoConservative27

I guess I can scratch Tennessee off my list of places to retire to, they are just plain STUPID


19 posted on 04/22/2022 1:19:32 PM PDT by eyeamok (founded in cynicism, wrapped in sarcasm)
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To: ChicagoConservative27

One thing Los Angeles got right, waiting for someone willing to open his own wallet for the new stadium. Stan Kroenke spent 4 billion dollars of his own money and gets to reap the reward of SoFi Stadium, charging rent to the Chargers as well as collecting off of the Rams.

Except for ancillary expenses (which should be more than made up by tax/business revenue) such as connecting roads, etc. The taxpayers of CA spent nothing. They get to waste it on trains to nowhere instead.


20 posted on 04/22/2022 1:20:50 PM PDT by Dr. Sivana (“...we would live very well without Facebook."-B.LeMaire)
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