New Stadium Holding Up Team Sale?

[AnimeAmore]

This isn't a situation like with Key Arena, so i am disgusted that there are actually people who think the Hawks need a new stadium, and that the lack of one is a reason to balk.
With stadiums getting public financing and tax breaks, it's only fair that the city benefit for more than 24 freaking years before giving out more money. Soundtransit is $30B in the hole, and good luck filling any stadium (new or old) without a robust public transportation system.

So sick of wealthy people and their greedy ways.

 

[Blitzhawk]

When is the last time ownership actually paid for a stadium anyway? Doesn't everybody just whine and cry until the city soaks the taxpayers for it these days?

 

[keasley45]

Yes in years but not in maintenance, new stadiums can be pieces of shit in 5 years with a cheap owner, Paul kept our field state of the art, upgraded all the time, the footprint may be 24 years but a lot of everything else in it is newer tech or upgrades from when built, the seating even has been cushied up and many places.

It's a great stadium. Not arguing that. I'm just saying that I wouldn't at all be surprised if potential buyers want to understand the mechanisms that might be put in place to assure that when the time comes to retrofit or rebuild that they have a commitment of some kind... or that an absence of a commitment might effect the final purchase price.

The stadium is still great and will be for the foreseeable future, but future trends will make it obsolete regardless of how fantastic it is from a football fan's experience.

From the AI webs:

Future NFL stadium trends focus on year-round, climate-controlled, multi-use revenue generators, making traditional open-air, single-use stadiums obsolete. Key trends include retractable roofs/domes for climate control, smaller capacities with premium seating, and, most importantly, transforming venues into 365-day lifestyle hubs.

It could also revolve around the potential buyer wanting control (ownership)of lumen or whatever stadium the team plays in down the road. Lumen is currently owned by the stadium authority. Other stadiums in the league (Pats for example - one of a few) are owned by the team owner. If the team owner owns the team AND the stadium then they stand to make money on every event held there. And if the stadium has a retractable roof - mo money, mo money, mo money.

 

[Aircrew]

It's a great stadium. Not arguing that. I'm just saying that I wouldn't at all be surprised if potential buyers want to understand the mechanisms that might be put in place to assure that when the time comes to retrofit or rebuild that they have a commitment of some kind... or that an absence of a commitment might effect the final purchase price.

The stadium is still great and will be for the foreseeable future, but future trends will make it obsolete regardless of how fantastic it is from a football fan's experience.

From the AI webs:

Future NFL stadium trends focus on year-round, climate-controlled, multi-use revenue generators, making traditional open-air, single-use stadiums obsolete. Key trends include retractable roofs/domes for climate control, smaller capacities with premium seating, and, most importantly, transforming venues into 365-day lifestyle hubs.

It could also revolve around the potential buyer wanting control (ownership)of lumen or whatever stadium the team plays in down the road. Lumen is currently owned by the stadium authority. Other stadiums in the league (Pats for example - one of a few) are owned by the team owner. If the team owner owns the team AND the stadium then they stand to make money on every event held there. And if the stadium has a retractable roof - mo money, mo money, mo money.

This.

 

[Aircrew]

Could do the new stadium Space Needle style. All the fans' seats rotate around the field about a half-dozen times during regulation play.

That's...actually one hell of an idea.

 

[Count Hawkula]

Let's hope the new stadium issue delays the sale for another 20 years.

Finally, a constructive comment

 

[Azvacar]

imagine imploding a perfectly good stadium to build the same damn thing.. at the cost of Washington Tax payers.. DERP

 

[Azvacar]

That's...actually one hell of an idea.

That restaurant matches the stadium food we have now.. at the same price too ... Might as well

 

[warden]

As much as you love our stadium, it is 25 years old and not as fancy as the other Billionaires newer stadiums. New owner will be looking for corporate welfare to buy him a new stadium which is better then his billionaire friends stadiums. Nothing to do with seating capacity or fans desire

 

[warden]

imagine imploding a perfectly good stadium to build the same damn thing.. at the cost of Washington Tax payers.. DERP

They imploded a perfectly good stadium in Atlanta to build a billionaire a better one.

 

[FrodosFinger]

The current stadium is still a great venue. The new owner should just upgrade Lumen. The stadium has good bones no need for new

 

[chris98251]

Nobody thought about the fact the Sounders are also involved in this as it is their field as well, Soccer and or world cup I believe needs an outdoor stadium. Additionally, it needs to have the option to have real grass as it's turf.

 

[chris98251]

It's a great stadium. Not arguing that. I'm just saying that I wouldn't at all be surprised if potential buyers want to understand the mechanisms that might be put in place to assure that when the time comes to retrofit or rebuild that they have a commitment of some kind... or that an absence of a commitment might effect the final purchase price.

The stadium is still great and will be for the foreseeable future, but future trends will make it obsolete regardless of how fantastic it is from a football fan's experience.

From the AI webs:

Future NFL stadium trends focus on year-round, climate-controlled, multi-use revenue generators, making traditional open-air, single-use stadiums obsolete. Key trends include retractable roofs/domes for climate control, smaller capacities with premium seating, and, most importantly, transforming venues into 365-day lifestyle hubs.

It could also revolve around the potential buyer wanting control (ownership)of lumen or whatever stadium the team plays in down the road. Lumen is currently owned by the stadium authority. Other stadiums in the league (Pats for example - one of a few) are owned by the team owner. If the team owner owns the team AND the stadium then they stand to make money on every event held there. And if the stadium has a retractable roof - mo money, mo money, mo money.

I will go with that being forward thinking of Billionaires for their wish list. I can see the upside for them to make more money, but this is Seattle, Seattle Coliseum, Key Arena and Climate Pledge Arena has taken pulling teeth to get done. Paul got our Stadium by saying he would cover any extra expenses and many other details.

Most want a Jerry Jones deal

 

[MoldyPurpleMayo]

As much as you love our stadium, it is 25 years old and not as fancy as the other Billionaires newer stadiums. New owner will be looking for corporate welfare to buy him a new stadium which is better then his billionaire friends stadiums. Nothing to do with seating capacity or fans desire

I used to work at a very upscale and very private resort, the likes of which had very famous and successful people come through (multiple presidents of the USA, even) and if you dared be unprofessional at all, you're fired. You'd be so surprised at how many rich people just want "better than their other rich friends". It intrigued me at first, then it started turning into disgust. The tips were VERY NICE, but after a while it made me resent rich people because of who they naturally were when nobody was looking. There were some generous and nice family members/friends of the rich ones but mostly snobby and self-centered.

 

[CPHawk]

Domes suck

 

[SoulfishHawk]

Just not the same as an outdoor stadium. Kingdome had some great memories for sure. But it still was a dump.

 

[RiverDog]

When is the last time ownership actually paid for a stadium anyway? Doesn't everybody just whine and cry until the city soaks the taxpayers for it these days?

LA's stadium, less than 6 years old, was 100% privately financed.

 

[RiverDog]

It's a great stadium. Not arguing that. I'm just saying that I wouldn't at all be surprised if potential buyers want to understand the mechanisms that might be put in place to assure that when the time comes to retrofit or rebuild that they have a commitment of some kind... or that an absence of a commitment might effect the final purchase price.

The stadium is still great and will be for the foreseeable future, but future trends will make it obsolete regardless of how fantastic it is from a football fan's experience.

From the AI webs:

Future NFL stadium trends focus on year-round, climate-controlled, multi-use revenue generators, making traditional open-air, single-use stadiums obsolete. Key trends include retractable roofs/domes for climate control, smaller capacities with premium seating, and, most importantly, transforming venues into 365-day lifestyle hubs.

It could also revolve around the potential buyer wanting control (ownership)of lumen or whatever stadium the team plays in down the road. Lumen is currently owned by the stadium authority. Other stadiums in the league (Pats for example - one of a few) are owned by the team owner. If the team owner owns the team AND the stadium then they stand to make money on every event held there. And if the stadium has a retractable roof - mo money, mo money, mo money.

The overhang at Lumen already covers about 80% of the seats. I'm no engineer, but I wouldn't think that it would take a huge expenditure to retrofit Lumen with a retractable roof and climate control and not take away from the ambiance of an outdoor stadium that currently exists.

I don't want to get into a political discussion, but the current anti business atmosphere and class warfare climate that exists in the city and state might factor into attempts to raise private money for a multi-billion dollar project.

Polls show that the public has changed their attitude towards public funds being used to build venues for private sporting enterprises since what is now Lumen Field was voted on nearly 30 years ago.

 

[JustTheTip]

That's...actually one hell of an idea.

Besides the engineering and maintenance nightmare. Would be slightly simplified logistically if not oblong.

 

[JustTheTip]

The current stadium is still a great venue. The new owner should just upgrade Lumen. The stadium has good bones no need for new

A long as you don’t care about flashy (I don’t) it is near perfect.