blackascoal
The Force is With Me
Oakland just went through this with the Raiders. No city loves a team more than Oakland does the raiders. Yet the city wasn't willing to give in to what mark Davis wanted. Now the team is off the Vegs.
Oakland, San Diego and St. Louis all feel the loss of their teams. What are they going to do about it?
Since 1982, the six markets abandoned by NFL teams all regained a team eventually, always with better stadiums than the last NFL team there had and often with more public money. Houston, Cleveland, Baltimore and St. Louis built new stadiums with the help of public money after being ditched by the Oilers, Browns, Colts and Cardinals. To attract the Raiders back to Oakland in 1995, the city and county put up $200 million in bonds to help renovate the Oakland Coliseum.
“After losing their estranged NFL teams, frustrated former NFL mid-markets have systematically overpaid in stadium subsidies several times over what they had offered to pay before their breakup with the fickle and footloose NFL cartel,” Vanderbilt University sports economist John Vrooman wrote in an e-mail.
After 21 years without an NFL team in Los Angeles, the return of the Rams worked out differently —*with a $2.6 billion new stadium plan that will be privately financed and shared by the Rams and Chargers. Both teams left for this lucrative new venue after failing to get acceptable, publicly subsidized upgrades in their old markets.
https://www.usatoday.com/story/spor...es-san-diego-st-louis-rams-chargers/99701878/
What I'm suggesting to you is that there is obviously something missing in the analysis that is not quantified.