On one hand, the Raiders could benefit from moving and building a new stadium. On the other hand, residents fear that too much public money will be used to pay the bills for a sports franchise.
The Oakland Raiders filed paperwork to move the team to Las Vegas -- after the team was unable to secure public funding for a new stadium. But not all Vegas residents are keen about their taxpayer dollars going towards a new stadium either. Supporters argue tourists will pay for the tax increases. Advocates in U.S. cities across America say communities never recoup the cost. But sports fans argue teams like the Raiders benefit the community in other less tangible ways. What do you think?
PERSPECTIVES
On one hand, the Raiders could benefit from moving and building a new stadium. On the other hand, residents fear that too much public money will be used to pay the bills for a sports franchise worth millions. Others argue the Raiders move brings up a larger debate -- should fans be left to pay the taxes on these super flashy sports stadiums in cities across the U.S.?
It's not just the Raiders owners who want the team to move into a shiny, new stadium. Some business people and politicians thinks the city of Las Vegas could benefit from owning an NFL team. And there are ways for sports organizations to build new stadiums that won't hurt the city or local taxpayers. Yes, public money will be used, but there's nothing wrong with weighing the benefits of a cities owning a sports team and building new stadiums for these organizations. Residents love sports! Football is an American pastime, and the team is expected to bring in revenue in Vegas.
The Denver Post reported:
Actually, there is a price on it. Tourists will pay increased room taxes to fund $750 million of the cost of a new $1.9 billion stadium as part of a deal rammed through a special session of the Nevada Legislature by powerful casino owner Sheldon Adelson's family.
The Chicago Tribune wrote:
A report produced last year by a Nevada state tourism committee estimated the stadium would generate $530 million in new annual spending in Clark County. Hill said officials are estimating the stadium will attract 450,000 people to Las Vegas each year who otherwise wouldn't have visited. Stanford economist Roger Noll zeroed in on the forecasts for Raiders games to explain his skepticism of these estimates.
Still -- if the Raiders move, public money will be used to build the new stadium. Cities across the U.S. can use taxpayer money for so many other issues or programs that are much more urgent. At a time when city and state budgets are struggling to help pay for health care, education and homelessness... should hard-working taxpayers be subsidizing stadiums for millionaires and billionaires?
The Chicago Tribune also wrote:
Clark County (Nevada) Commissioner Chris Giunchigliani has a long list of things she would spend $750 million in public money on, if it was up to her. A light rail system, so Las Vegas can compete with cities with better public transportation. Firefighters, because her county has not hired a new one in years. And teachers, as public schools in Nevada perennially rank among the worst in the nation.
Nowhere on Giunchigliani's $750 million public wish list would you find "help a wealthy NFL team owner and a mega-rich casino magnate build a $1.9 billion football stadium."
Advocates encourage local taxpayers to protest their hard-earned money being used to build stadiums.
Residents of cities and counties across the country should fight against billionaires using public money to build stadiums. https://t.co/QA3KE4JERA
-- Dion Degennaro (@TheDukeNGS) January 20, 2017
Others argue teams like the Raiders need new stadiums to develop new sources of revenue that benefit both owners and the community.
When the @RAIDERS move to Vegas all hell is gona break loose...but it will be a good move....we need a new stadium. pic.twitter.com/FaAtECY6Wv
-- Matty Matt (@MattyMatt52) January 12, 2017
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