hawknation2018":1epdmwl9 said:
In other words, lil' Jed York has been spending the LEAST he possibly can over the last several years, while cashing in on huge PSL money and government subsidies and screwing over just about everyone (including LYING to the neighboring kids soccer clubs and reneging on a promise to refurbish their soccer fields that were taken from them to create parking lots for the stadium).
Yer funny.
1) They aren't spending money because sadly they have few drafted players to spend the money on. How much of the Seahawks Cap Space is used on players they drafted and extended? The 49ers don't get to keep those dollars. The CBA precludes that.
2) "Cashing in on huge PSL money". Totally false. The stadium was financed with a public/private partnership and the money was borrowed by the 49ers Stadium Authority. The Authority is an entity composed of the 49ers and the Board of the City of Santa Clara. Its is a third entity. The SBLs are/were sold to pay off the loan taken out by that stadium authority, IE the SBL money pays down the build loan, not line Jeds pockets. Thats not to say he isn't making money. He's making a ton of it on concessions, etc and hosting NON NFL games (College Championships, Concerts, etc).
3) The Soccer fields you are so concerned about are STILL THERE. Those fields have never been used for parking and the Soccer leagues still play on them. Thats them in the upper right corner BTW.
Jed has done enough to screw up the team by firing Harbaugh, not firing Baalke, and hiring Tomsula and Kelly. There is no need to make sh*t up as well.