[Grumpypotpie]

Originally Posted by LasVegasPlayer

I don't understand your comment. The stadium will have little or no effect on tourism. Remember that we will never have NCAAB national playoffs or a Super Bowl. We're talking maybe a bigger bowl game and the single digit percentage of fans at 8 NFL games, 10 if you think people will travel for preseason. Maybe a few more people will visit for UNLV games. We'll hardly see $75m/yr in new taxes and econ impact that trickles down from that.

The bonds aren't structured the way you describe. The entire note would come due at the end. It is interest-only until maturity. Meanwhile, the Stadium Authority isn't compelled to pay it down. That is a massive liability the investors may walk away from and stick taxpayers with and the law doesn't give any penalties to the Raiders if they bail early.

Why do you think we would never get a Super Bowl?

[LasVegasPlayer]

To clarify the Super Bowl and NCAAB comments:

The proposed stadium won't be large enough per NFL rules for a Super Bowl. It will only seat about 65,000 people.

The NCAA will not hold sanctioned events in states where sports betting is legal. They pulled tournaments from Oregon even though that was only NFL and briefly NBA betting. Those events returned when the Sports Action program was repealed. They told NJ events were canceled after that state passed its failed sports betting law that excluded collegiate events held in the state or involving state teams. The Montana fantasy sports law drew the same threat to that state. Montana only takes bets on NASCAR and NFL.

The NCAA rules don't apply to conference championships because those are run outside the organization. We already host a couple of those in basketball each year and wouldn't need that additional seating.

[Grumpypotpie]

Originally Posted by LasVegasPlayer

To clarify the Super Bowl and NCAAB comments:

The proposed stadium won't be large enough per NFL rules for a Super Bowl. It will only seat about 65,000 people.

The NCAA will not hold sanctioned events in states where sports betting is legal. They pulled tournaments from Oregon even though that was only NFL and briefly NBA betting. Those events returned when the Sports Action program was repealed. They told NJ events were canceled after that state passed its failed sports betting law that excluded collegiate events held in the state or involving state teams. The Montana fantasy sports law drew the same threat to that state. Montana only takes bets on NASCAR and NFL.

The NCAA rules don't apply to conference championships because those are run outside the organization. We already host a couple of those in basketball each year and wouldn't need that additional seating.

I'm pretty sure every stadium has the ability to add seats for special events. In this case with a seating capacity of 65,000 they would only need to add 5000 seats. There is no way the NFL lets that money maker slip by. The NCAA stuff is another story.

[Bps401]

Originally Posted by calisoccer99

Do you stay on the strip much?

If you stay in weeklys or live in a trailer, you will be taxed too. This was revealed the day before voting for the 750m funding.

[LasVegasPlayer]

Originally Posted by Grumpypotpie

I'm pretty sure every stadium has the ability to add seats for special events. In this case with a seating capacity of 65,000 they would only need to add 5000 seats. There is no way the NFL lets that money maker slip by. The NCAA stuff is another story.

The rules that leaked a couple of years ago said otherwise but *shrug*. If you're going to have the ability to add 5k seats without violating fire codes, why wouldn't you have them all along? This seems especially true since tens of thousands of tourists will allegedly want to travel here to fill hotel rooms. In the end, the NFL can do what it wants but they have not made an exception to this in the modern era AFAIK.

[calisoccer99]

Originally Posted by LasVegasPlayer

To clarify the Super Bowl and NCAAB comments:

The proposed stadium won't be large enough per NFL rules for a Super Bowl. It will only seat about 65,000 people.

The NCAA will not hold sanctioned events in states where sports betting is legal. They pulled tournaments from Oregon even though that was only NFL and briefly NBA betting. Those events returned when the Sports Action program was repealed. They told NJ events were canceled after that state passed its failed sports betting law that excluded collegiate events held in the state or involving state teams. The Montana fantasy sports law drew the same threat to that state. Montana only takes bets on NASCAR and NFL.

The NCAA rules don't apply to conference championships because those are run outside the organization. We already host a couple of those in basketball each year and wouldn't need that additional seating.

Remember them saying it will be expandable for a Superbowl or other major College bowls

[Grumpypotpie]

Originally Posted by calisoccer99

Remember them saying it will be expandable for a Superbowl or other major College bowls

Article stating that Marc Davis met with the group proposing the stadium in Oakland. The county is going to expedite approval for the plan and the league owners reportedly are going to sell Oakland as the preferred market at the league meetings. It's heading downhill fast, whether people want to admit it or not.

Raiders meet with Ronnie Lott’s group on Oakland stadium | ProFootballTalk

[LasVegasPlayer]

Originally Posted by calisoccer99

Remember them saying it will be expandable for a Superbowl or other major College bowls

I have not heard this and can't find anything in searches though admittedly it is a tough search because of the LVCC "expansion" that shows up over and over. Do you have a link handy? I'm curious how they would go about this. I suppose they could build permanent seats if ever awarded the prize. I doubt temp seats would fly. It still makes me wonder why they wouldn't just build it with 70k all along if they will build it expandable. I guess they aren't as optimistic as they want us to think.

There is another issue. The new Meadowlands stated it could not host a Super Bowl if the league failed to prevail in its lawsuit against NJ sports betting. The NFL prevailed twice but it seems an obvious conclusion would be that same policy applies to Nevada.

As for the bowls, none that would ever be in the playoff rotation could ever play in Las Vegas per NCAA rules. It seems the most likely college events would be a more prestigious or at least better-attended LV Bowl or a conference football championship. Las Vegas couldn't feasible host a bowl game after about December 27 for a variety of reasons.

[Timeclock9]

Vegas is being played.

[newopty]

Originally Posted by LasVegasPlayer

I don't understand your comment. The stadium will have little or no effect on tourism. Remember that we will never have NCAAB national playoffs or a Super Bowl. We're talking maybe a bigger bowl game and the single digit percentage of fans at 8 NFL games, 10 if you think people will travel for preseason. Maybe a few more people will visit for UNLV games. We'll hardly see $75m/yr in new taxes and econ impact that trickles down from that.

The bonds aren't structured the way you describe. The entire note would come due at the end. It is interest-only until maturity. Meanwhile, the Stadium Authority isn't compelled to pay it down. That is a massive liability the investors may walk away from and stick taxpayers with and the law doesn't give any penalties to the Raiders if they bail early.

No effect on tourism. Really? Every game will have a large contingent of fans from opposing cities. If you knew anything about the NFL you would know that already there are teams such as the Steelers and Packers that have large groups traveling to every game they play. It is sometimes difficult to tell which is the home team. With Las Vegas as the destination you can expect that to happen for every opposing team. Something I wonder about is will a Las Vegas team have a home field advantage?