Hard to believe anything in the RJ about the new stadium with the potential owner of the new stadium also controlling the RJ, but here are some comparisons printed in the RJ:
Levi's Stadium
Santa Clara, California
Capacity: 68,500
Completed: 2014
Cost: $1.3 billion
Private funding: 99%
Public funding: 1%
University of Phoenix Stadium
Glendale, Arizona
Capacity: 62,400
Completed: 2014
Cost: $439.7 million
Private funding: 68%
Public funding: 32%
AT&T Stadium
Arlington, Texas
Capacity: 80,000
Completed: 2009
Cost: $1.3 billion
Private funding: 64%
Public funding: 36%
NRG Stadium
Houston, Texas
Capacity: 71,054
Completed: 2002
Cost: $449 million
Private funding: 57%
Public funding: 43%
US Bank Stadium
Minneapolis, Minnesota
Capacity: 68,500
Completed: 2016
Cost: $1.1 billion
Private funding: 55%
Public funding: 45%
MetLife Stadium
East Rutherford, New Jersey
Capacity: 82,566
Completed: 2010
Cost: $1.6 billion
Private funding: 100%
Public funding: 0%
Mercedes-Benz Stadium
Atlanta, Georgia
Capacity: 75,000
Completed: 2017
Cost: $1.5 billion
Private funding: 84%
Public funding: 16%
Mercedes-Benz Stadium in Atlanta is interesting, $1.5 billion and only 16% of it public funding. Do their owners have more money than the Raiders, Sheldon Adelson and Majestic Realty? All the stadiums mentioned will have a positive effect on their communities, bringing concerts and other event to their facilities. Why does the Las Vegas venue require 54% public funding when Atlanta requires 16%, the $1.6 billion Met-Life Stadium requires 0%, and even Jerry's World only requires 36% ? Why not cut out Adelson and Majestic and fund their minor input and control the entire project; or, ask for another investor to come forward and put up $500 million in cash and funding and knock the public funding to $400 million. Some better funding solutions have to be out there. Are these entities really entitled to a $750 million dollar gift? Hell, fund a $400 million dollar open air stadium for the Rebels and cut them all out while saving $350 million. If someone seriously proposed that plan I bet Adelson and Majestic would suddenly find they could cover $500 million in costs instead of only $150 million. If the same private/public formula as Atlanta was used (16%) the public contribution in Las Vegas would be only $224 million. Originally Majestic was willing to cover 50% of the $850 million UNLVNOW plan. Now they partner with Adelson and the two combined can only cover $150 million. More rich entities fattening up at the public trough. I want a stadium, but not at the cost of this plan!
Levi's Stadium
Santa Clara, California
Capacity: 68,500
Completed: 2014
Cost: $1.3 billion
Private funding: 99%
Public funding: 1%
University of Phoenix Stadium
Glendale, Arizona
Capacity: 62,400
Completed: 2014
Cost: $439.7 million
Private funding: 68%
Public funding: 32%
AT&T Stadium
Arlington, Texas
Capacity: 80,000
Completed: 2009
Cost: $1.3 billion
Private funding: 64%
Public funding: 36%
NRG Stadium
Houston, Texas
Capacity: 71,054
Completed: 2002
Cost: $449 million
Private funding: 57%
Public funding: 43%
US Bank Stadium
Minneapolis, Minnesota
Capacity: 68,500
Completed: 2016
Cost: $1.1 billion
Private funding: 55%
Public funding: 45%
MetLife Stadium
East Rutherford, New Jersey
Capacity: 82,566
Completed: 2010
Cost: $1.6 billion
Private funding: 100%
Public funding: 0%
Mercedes-Benz Stadium
Atlanta, Georgia
Capacity: 75,000
Completed: 2017
Cost: $1.5 billion
Private funding: 84%
Public funding: 16%
Mercedes-Benz Stadium in Atlanta is interesting, $1.5 billion and only 16% of it public funding. Do their owners have more money than the Raiders, Sheldon Adelson and Majestic Realty? All the stadiums mentioned will have a positive effect on their communities, bringing concerts and other event to their facilities. Why does the Las Vegas venue require 54% public funding when Atlanta requires 16%, the $1.6 billion Met-Life Stadium requires 0%, and even Jerry's World only requires 36% ? Why not cut out Adelson and Majestic and fund their minor input and control the entire project; or, ask for another investor to come forward and put up $500 million in cash and funding and knock the public funding to $400 million. Some better funding solutions have to be out there. Are these entities really entitled to a $750 million dollar gift? Hell, fund a $400 million dollar open air stadium for the Rebels and cut them all out while saving $350 million. If someone seriously proposed that plan I bet Adelson and Majestic would suddenly find they could cover $500 million in costs instead of only $150 million. If the same private/public formula as Atlanta was used (16%) the public contribution in Las Vegas would be only $224 million. Originally Majestic was willing to cover 50% of the $850 million UNLVNOW plan. Now they partner with Adelson and the two combined can only cover $150 million. More rich entities fattening up at the public trough. I want a stadium, but not at the cost of this plan!
