Re:NBC took Bob Costas off the Super Bowl for speaking out a...
by Rebelgecko on Monday February 11, 2019 @05:50PM
(#19139256)
From the numbers I've seen, the proposed tax subsidies* are gonna cover _maybe_ 5% of the construction costs of the stadium.
As far as Olympic revenue, I wonder how the stadium's income from a day of the Olympics will compare to a Rams game or a Taylor Swift concert? Supposedly LA isn't giving the stadium any money for capital improvements, just whatever they get for renting it out and a few million for a temporary archery building. Maybe the stadium gets a cut of the $2,000 opening ceremonies tickets, but I imagine that'll be less than they make from the 2022 super bowl. I know a lot can change before 2028, but I'm cautiously optimistic that LA won't screw anything up too bad.
*which IMO are pretty tame— Inglewood pays for police overtime, shuttles to train stations, utilities improvements, etc but only for the first 5 years that the city makes $25+ million from the stadium
As far as Olympic revenue, I wonder how the stadium's income from a day of the Olympics will compare to a Rams game or a Taylor Swift concert? Supposedly LA isn't giving the stadium any money for capital improvements, just whatever they get for renting it out and a few million for a temporary archery building. Maybe the stadium gets a cut of the $2,000 opening ceremonies tickets, but I imagine that'll be less than they make from the 2022 super bowl. I know a lot can change before 2028, but I'm cautiously optimistic that LA won't screw anything up too bad.
*which IMO are pretty tame— Inglewood pays for police overtime, shuttles to train stations, utilities improvements, etc but only for the first 5 years that the city makes $25+ million from the stadium