Wait - You Mean Taxpayers DON'T Have to Pay for Stadiums?
Refreshing news from Major League Baseball:
And yes, I am proud to be the first PowerBlogger to credit Umpbump.com for a story.
In the interest of full disclosure, I have to say, I have loved the Oakland Athletics for a long time now. I love how they are the anti-Yankees, consistently fielding winning teams despite having one of the lower payrolls in the game, and losing superstar after superstar to richer teams. I love their plucky spirit and their annual belief-defying August winning streaks. I love Billy Beane’s flair for the dramatic. I love that they wear white spikes with white pants and that their symbol is a circus elephant. I love that most seasons, their players more closely resemble a beer-league softball team that should have a keg at second base to help guys like Matt Stairs, John Jaha, and Nick Swisher continue to pad their magnificent beer guts, than a major league team.Let’s Go A’s!
But now I love them even more.
Because the A’s are going to become the first team in a decade to build a new stadium entirely financed with private funds. The plan is pure genius - get land basically for free from Cisco Systems in exchange for stadium naming rights, and raise funds for construction using private venture capital in exchange for soon-to-be-vaulable commercial real estate around the new stadium. It’s a stadium that pays for itself! It seems so obvious - why didn’t anyone think of this before?
And yes, I am proud to be the first PowerBlogger to credit Umpbump.com for a story.
Comments