What do they have in common?
No new stadium
What do the Texans have so far?
No new stadium.
(The stadium is part of the âbidâ that would presumably come from the aforementioned âhighest bidder.â)
In the case of St. Louis, The Dome was built in 1995 and the team left
after 2015, so yeah a 20 year stadium is not new enough and apparently
old.
Which is perfectly their right to leave. It just slightly irritates me that
municipalities go into debt to build these facilities, and the owners
can flee and get a better deal from a competing municipality. Thatâs
the game.
I just donât think Bob McNairâs commitment to Houston will forever be honored
by his descendants for perpetuity. Money talks.
Letâs see what happens. The City isnât going to have Bud Adams 2.0
Cities have shown to be rather powerless when an owner wants to move their team, so I donât know how you can be so sure. Thereâs also no guarantee that the McNairâs will not sell the team to a new owner.
Not quite Chris. I can tell you that both the chargers and rams moved because of a future stadiumâŠa $6 billions stadium that was supposed to be privately fundedâŠfar from it.
The real question is why are the Texans getting public funding?
Did the tax payers voted for it?
Their home cities wouldnât build a new one. When the Texans contract runs out, the stadium will be 30 years old. I would guess the County will still owe on the bonds although they were blessed with historical low interest rates. 2029 will be interesting.
Not true. San Diego did not want to have to spend twice the money p.o.s. spanos (chargers owner) was going to plan on spending.
No, just our elected county leaders.
Above it was mentioned that the county money was building out the infrastructure.
I take that to mean streets, water, and underground drainage. Maybe thatâs standard, but itâs still a sweetheart deal for billionaires.
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âŠand that is not right.
Certainly worthy of consideration. Do we want to hold votes on every county budget item above $10 million ? $100 million? I donât know the answer. On one hand we elect them to manage things âŠitâs just a matter of how far that goes.
If they have to issue bonds to do the deal, does that have to go before the voters?
I donât know the internal workings of Harris county to really discuss much farther.
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Harris County? Arenât they the same folks that are telling Houston voters NRG stadium needs a $billion plus for upgrades?
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Related, but not county commissioners directly. I also heard we still have about $1
billion in public debt to pay off the stadium construction.
Facilities within NRG Park need roughly $2 billion of repairs, according to a new assessment that will inform the complexâs next master plan.
The Harris County Sports & Convention Corporation released a facilities condition assessment Wednesday detailing the costly repairs needed in the park that is home to the Houston Texans and the Houston Livestock Show and Rodeo.
NRG was the best thing that happened after the oilers left. Not because we go the Texans but we were able to host a bunch of national and international invents in it. Iâm still amazed that weâve gotten super bowls, NCAA championships in basketball and football, and now World Cup games. Would we have gotten those if we only had the Dome?
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Of course not.
It is pure madness. It is not like NRG stadium was built in the 1800âs. The stadium was built in 2002. The report is clear. Harris County has not done their part in keeping the stadium in top shape. They are the ones that ought to be responsible for this. Houston is known worldwide to be in the Hurricane pathways like cities in Florida or the Gulf of America. To have a roof damaged by a hurricane is common. To build a stadium roof with hurricane ratings was key. It failed. The question still does not have an answer. A two $Bâs price tag is intentional imo. This is being put forward for anew stadium. It comes back again to:
Why should tax payers be on the hook for a new stadium every 25 to 30 years. Speak about a rip off.
did you know that almost everything that most people call Las Vegas is not Las Vegas at all.
Yet, it has worked fine for New Orleans.
Of course they are constantly renovating their old relic. And location definitely plays a role.
I read a story that one of the Texans desired NRG renovations was to widen the concourses and add more meeting spaces. That woukd be a massive rebuild of NRG if that
report was true. May be only a negotiation tactic, but then again, professional teams are
move happy and usually get what they want.
Not a lot of land to work with down there