If the Blazers are moved

It's not a plan to be a new tax on players, from what I've read. It basically jut takes their state income tax and designates it towards paying the bond.

Also you're cutting their payroll in half because of away games while failing to recognize we'd be taking the visiting players as well when they are here. So there is no reason to cut it in half.
I haven't seen anything on they paying 4% on interest either. I'd venture to guess that interest on repayment would be waived to support the bill.

 

who would buy bonds that pay no interest?

 

Some good points.

However you shouldn't include only the home team games played in Oregon. The away team would pay the same taxes for every game. Probably simpler to just use an estimate of one team 100% full season payroll.

 

What are you talking about? The Spurs are building a new development for 4 billion - 1.5 billion of which is for a new arena.

 

Maybe what he means by "take that to the bank" was that they needed to keep that 1.5 Billion in a bank?

 

They are trying to move to Austin currently is all I know. FROM Spurs employees.

 

I’m telling you what team employees have told me. Wish I had more info for you FAMS!

 

Are you the same person on here who tried to tell me that the spurs arena isn’t in the middle of rodeo grounds. Even after I posted a map of it literally being in the middle of rodeo grounds.

 

The math doesn't add up for me either, and that was my impression as well. But I don't know all of the details.

The stuff I've listened to on podcasts and on the radio have had professionals who made it sound pretty darn legit.

That's all I'm saying.

The city and state have said that they are willing to do what it takes to allocate $800 million toward a stadium. Who am I to say they can't do it?

I simply don't have all the information.

 

A voting taxpayer?

 

I don't know if the city and state will step up to the plate. Maybe...although I believe more opposition will coalesce then you are allowing for. As I've said, I'm skeptical a renovation of the Moda will be enough

what I was really skeptical about was the article you posted about that 800M authorization as proof the city and state would step up to the plate for a new Blazer arena. Even allowing for the full 100% of an average payroll being 'taxable' in this new scheme, it's still not nearly enough to finance that debt. I had not heard about the possibility of those paying the bond tax being exempt from state taxes. That would help, but I'd suspect it would be challenged in court, and may not survive the challenge. And of course, that would be general state revenue being diverted to a stadium. So every taxpayer would be contributing.

and again....this was just a blip of costs-nothing intent in 2025 about some future event that may or may not happen.

 

Not what I meant... but solid point!